Hi Paul - It looks like VTEL is finally putting the pieces together to really grow the company. Today's press release shows that our new management is now getting proactive in generating those very necessary company alliances. Unfortunately, it may be 2nd or 3rd quarter of 1998 before we see the results. Look we waited this long....what's a few more quarters.
The new management announcement today will continue to help build a solid foundation. This is a VERY important piece and let's hope Dr. Bravos can utilize his contacts at NEC and Xerox to ink some new deals. I would of liked to see someone local here in Silicon Valley to talk with several of the network companies (ie. CSCO, COMS, BAY, etc.) but I am sure Dr. Bravos has his own list of valuable contacts.
EKS
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New Technology Professional Joins VTEL Management Team
December 1, 1997 11:47 AM EST
Names Dr. Angelo Bravos - Director, New Technology and Partnership Development
AUSTIN, Texas, Dec. 1 /PRNewswire/ -- VTEL(R) Corporation, (Nasdaq: VTEL), Austin, Texas, announced today the appointment of Angelo Bravos, Ph.D., as Director, New Technology and Partnership Development. Dr. Bravos will be responsible for developing and managing VTEL's strategic and technical relationships with third parties and will assist Ly-Houng Pham, the company's new vice president of engineering and chief technology officer, in formulating VTEL's strategic and technical direction. Bravos comes to VTEL after serving as director, technology development and office of new business development for NEC Technologies, Inc., Itasca, Illinois.
"Dr. Bravos' credentials in product engineering and development and relationship management will be a great asset to VTEL's continued growth," said Pham. "Partnerships with companies both within and outside our industry are critical to VTEL expanding its leadership position. Dr. Bravos' mission is to work with strategic partners to advance the company's goal of providing digital visual communications solutions that are easy to use, microcomputer- based, scaleable, and offer seamless integration into large networks."
VTEL currently has strategic and technological relationships with major companies including Microsoft, Intel, Gateway 2000, VideoServer, Cisco, ParkerVision, AMX, Motorola, and Memotec, among many others.
At NEC Technologies, Dr. Bravos was responsible for developing new product strategies and for selecting and advocating new information technologies to improve NEC's existing product lines and operations. Prior to that, he held positions at Ameritech, Xerox Corporation, and served on the faculty at the University of Pittsburgh.
Dr. Bravos earned a Ph.D. in Computer Science from the Illinois Institute of Technology. He possesses a MS degree in Computer Science from Western Illinois University, and an undergraduate degree in Mathematics and Physics from Judson College.
VTEL Corporation is the world's largest developer and manufacturer of Digital Visual Communication(TM) systems. VTEL's innovative family of products provide superior video, data and voice quality, are simple-to-use, IP addressable, and because they are microcomputer-based, highly scaleable and easily upgradeable. Headquartered in Austin, Texas, the company distributes products through value-added resellers and partners in 54 countries. VTEL is committed to expanding its leadership position by providing the world's most innovative video networking solutions. VTEL's digital visual communications systems are deployed in the most advanced corporations, healthcare facilities, educational institutions, and government operations around the globe. SOURCE VTEL Corporation
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