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Technology Stocks : Sycamore Networks Inc-(SCMR)

SCMR 0.226

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Nov 30 4:00 PM EST

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From: bob zagorin	10/4/2007 7:31:45 PM
	of 2249

The Registrant today announced that Daniel E. Smith, 58, the President and Chief Executive Officer (“CEO”) of the Registrant, has been appointed by the Board of Directors to serve as acting principal financial officer effective October 3, 2007 replacing Mr. Richard J. Gaynor who resigned on September 27, 2007. Mr. Smith will perform these duties in addition to his current duties as President and CEO and will not receive any additional compensation for performing his duties as acting principal financial officer. Mr. Smith has served as the Registrant’s President, CEO and as a member of its Board of Directors since October 1998. From June 1997 to July 1998, Mr. Smith was Executive Vice President and General Manager of the Core Switching Division of Ascend Communications, Inc., a provider of wide area network switches and access data networking equipment. Mr. Smith was also a member of the board of directors of Ascend Communications, Inc. during that time. From April 1992 to June 1997, Mr. Smith served as President and Chief Executive Officer and a member of the board of directors of Cascade Communications Corp.

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