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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST

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To: pat mudge who wrote (7257)11/5/1998 2:48:00 PM
From: Gary Korn  Read Replies (1) of 18016
 
Newbridge Networks Continues to Build and Strengthen its Executive Leadership Team
Business Wire - November 05, 1998 12:15
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HERNDON, Va.--(BUSINESS WIRE)--Nov. 5, 1998--

New Executive Vice President and General Manager Appointed for North

and South America

Newbridge Networks (NYSE:NN) (TSE:NNC) today announced the appointment of Giulio Gianturco as the Company's Executive Vice President and General Manager for North and South America (NSA).

Working from the Company's United States headquarters in Herndon, Va., Gianturco will lead the sales, marketing and customer service operations for Canada, the United States and Latin American markets. This move marks another milestone for Newbridge as the Company continues its drive to build and strengthen the executive leadership team. The appointment of Gianturco follows other recent appointments of Brian Jervis as Executive Vice President of the Switching Products Group and Kay Kienast as Vice President North and South America Marketing.

Gianturco brings a solid record of business achievements and operational successes to this position. He joins Newbridge Networks from Cabletron Systems where he held the position of President, Worldwide Channels Development. Formerly Vice President for the Americas and Director of North American Sales and Sales Support for the Network Products Business Unit at Digital Equipment Corporation (DEC), Gianturco joined Cabletron as a result of the acquisition of the business unit earlier in 1998.

Prior to joining DEC, Gianturco spent 12 years at the Global Business Communications Systems Business Unit of AT&T -- known today as Lucent Technologies -- where he advanced through increasingly more senior management positions. Gianturco holds a Bachelor of Arts Degree From Emory University in Atlanta and a Doctor of Law Degree from Emory University School of Law.

"Giulio has posted impressive results throughout his career," said Alan Lutz, President and Chief Operating Officer, Newbridge Networks. "North and South America hold the largest market and growth potential for Newbridge. Giulio's extensive experience and successes in these markets make him an important addition to Newbridge's executive leadership team. "

Newbridge Networks designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. The Company leverages its relationship with a growing family of Newbridge(R) Affiliate companies and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge(R) customers include the world's 300 largest telecommunications service providers and more than 10,000 corporations, government organisations and other institutions. Founded in 1986, the Company employs more than 6,000 people on five continents. News and information are available at www.newbridge.com.

Newbridge, logo are registered trademarks of Newbridge Networks Corporation.

CONTACT: Newbridge Networks Corporation
Media and Industry Analyst contact, 613/591-3600
pgoyette@newbridge.com
or
Financial Analyst contact, 613/591-3600
jlawlor@newbridge.com
or
FitzGerald Communications
Keith Figlioli, 617/588-2228
lodonnell@fitzcomm.com

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