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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: eileent who wrote (62450)	9/24/1999 9:21:00 AM
From: Ellen	Respond to of 90042

FWIW, ETurd shows CS as Bid 15 3/8 Ask 16 7/16

To: eileent who wrote (62450)	9/24/1999 9:21:00 AM
From: Moosie	Respond to of 90042

(BSNS WIRE) Cabletron Appoints John Roese as Chief Technology Officer; C Cabletron Appoints John Roese as Chief Technology Officer; Cabletron Continues Its Focus On Technology Leadership By Appointing Highly Respected Chief Technology Officer Business/Technology Editors ROCHESTER, N.H.--(BUSINESS WIRE)--Sept. 24, 1999--Cabletron Systems (NYSE:CS) today announced the appointment of John Roese as chief technology officer (CTO). Roese has been with Cabletron Systems since 1991, and moves to the role of CTO from his current position as senior director of systems engineering and chair of the Cabletron Systems technology council. "John Roese has been a driving force behind many of the industry's most innovative technology solutions, and his appointment as chief technology officer gives me great pleasure," said Piyush Patel, CEO and chairman of Cabletron Systems. "He brings over 10 years of industry experience, being a key contributor to the IEEE and IETF standards bodies, as well as his representation on bodies such as the Internet2/NG. This experience makes John the perfect choice as CTO for Cabletron and his appointment will enable us to further deliver on our service provider and convergence strategies." Roese began his career with Cabletron Systems in 1991, and has since worked extensively in the field of advanced switching technologies, as well as being the primary software architect for policy-based management solutions. Roese is also a published technology author, writing primarily on advanced-switched networking environments and advanced protocol control. In addition, he acts as an international technology lecturer. "Cabletron has pioneered technology in the networking area for the past two decades. We have a patent portfolio of network specific intellectual property far surpassing any competing vendor, and continue to lead and innovate in all areas of emerging network communication technology," said Roese. "As CTO my singular objective is to clearly demonstrate to the world that Cabletron continues to be an industry-leading technology visionary and innovator. Our products and extraordinary technical talent are second to none in the network infrastructure, services, and management markets." Roese will assume his role immediately, and will focus his attentions on ensuring Cabletron continues to lead the communications industry in its chosen areas of business; enterprise, ISP & Telco, and convergence. About Cabletron Cabletron Systems, a premier provider of world-class networking solutions, delivers reliable network access and communications to millions of people worldwide. With scaleable products designed for Global 1000 enterprise networks, service providers and small businesses, Cabletron is the e-business communications specialist in the Internet economy. Listed on the New York Stock Exchange for more than a decade under the symbol CS, Cabletron is an S&P 500 index company. Cabletron's web site can be reached on the Internet at cabletron.com.