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Technology Stocks : AVCI -- Ignore unavailable to you. Want to Upgrade?

To: James Calladine who wrote (122)	10/1/2001 11:52:42 AM
From: James Calladine	Read Replies (1) \| Respond to of 190

ANYBODY WANT TO DISCUSS AVCI? <<<Avici Names Chris Simpson Senior Vice President, Worldwide Sales, Marketing and Service Business/Technology Editors N. BILLERICA, Mass.--(BUSINESS WIRE)--Oct. 1, 2001-- Veteran Telecom Executive to Lead Avici's Global Customer Efforts Avici Systems Inc. (Nasdaq: AVCI), a leading provider of scalable and reliable core routing solutions for the Internet, today announced that Chris Simpson has joined Avici and will be responsible for Avici's worldwide sales, marketing and services efforts. He will report directly to Avici President and Chief Executive Officer Steve Kaufman. "Over the last year, Avici has increased its market share and global presence with customer wins in Europe, Asia and North America," said Avici's Kaufman. "Avici's number one priority has always been our customers. By more closely aligning our field sales, marketing and service organizations, we will provide better service to new and existing customers. Chris has a proven track record, and we are confident his experience and in-depth industry knowledge will focus our sales efforts and continue Avici's growth." Simpson most recently served as senior vice president, sales for CIENA Corporation. During his tenure, CIENA rapidly grew its revenue and expanded the number of large carriers using its products. Over this same period, the sales team introduced and successfully deployed the CoreDirector switch in multiple key accounts in North America. From 1998 to 2000, Simpson was vice president of sales, marketing and international operations for Harris Corporation's RF Communications. From 1988 to 1998, he held several senior sales and marketing positions at Qualcomm, Inc., including senior vice president/general manager of worldwide sales and marketing, and senior vice president of strategic marketing. "The core router market is one of the most exciting segments in the industry. Avici's proven leadership in scalable and reliable carrier-class routing, as shown from existing network operators using the Avici TSR(R), position the company to continue benefiting from Internet services growth," said Simpson. "Avici is a company focused on helping carriers improve the cost-effectiveness and reliability of their data networks to increase IP service differentiation and availability. I look forward to leading Avici's sales, marketing and service teams to continue expanding Avici's product benefits to a greater number of network operators." Prior to his Qualcomm tenure, Simpson held management positions at Contel/ASC and ComSat Corporation. Simpson received his bachelor's degree in accounting from Oklahoma State University. About Avici Systems Avici Systems Inc., headquartered in North Billerica, Mass., is a leading provider of purpose-built carrier-class routing solutions for the Internet. Avici's scalable TSR core router meets carrier requirements for the highest scalability, reliability and network availability, while lowering the total cost of building and operating their networks. The company's routing systems provide new IP solutions to some of the world's leading service providers. For more information, please visit us at www.avici.com. Avici and TSR are registered trademarks of Avici Systems Inc. >>> Namaste! Jim