SERGIO and ALL:
FIBR - from RADAR's scope.
FIBR - OSICOM TECHNOLOGIES INC.
MANAGEMENT AND OWNERSHIP
EMPLOYEES
The Company employes 1,849 persons, including 326full-time
employees in engineering, 1,174 in manufacturing and quality
assurance, 95 in sales and marketing, 237 in administration,
and 17 executive.
DIRECTORS AND EXECUTIVE OFFICERS OF THE COMPANY
Name Age Position
---- --- --------
Par Chadha 42 Chief Exec Officer, Director
Sharon G. Chadha 42 Chairman, Director
Xin Cheng, Ph.D. 41 President, Director
Leonard Hecht 60 Director
Christopher E. Sue 34 Chief Finan Officer, Secretary
Barry Witz 56 Director
Par Chadha has been Chief Executive Officer of the Company
since November, 1996. Mr. Chadha founded the Company in 1981
and has been a director of the Company since that time. He
served as President and Chief Executive Officer of the
Company from July, 1981, through May, 1993, and as Chairman
from July, 1981, through June 18, 1996. Mr. Chadha was a
director and Chairman of BW from March, 1995, through
September, 1996. Mr. Chadha was a director of Saratoga Brands,
Inc., from January, 1995, through July, 1995, and director and
Chairman of Phoenix Laser Systems, Inc., from September, 1993,
through November, 1993. He has been Chairman, President
and Chief Executive Officer of Oxford Acquisitions Group, Inc.,
since February, 1994. Mr. Chadha is also a director of Rand
Research Corporation, RII Partners, Inc., and RT Investments,
Inc., which are privately held companies.
Sharon G. Chadha has been a director of the Company since 1983,
was Chief Executive Officer from May 1993 through November, 1996,
and has been Chairman since June 18, 1996. Mrs. Chadha also
served as Treasurer and Secretary of the Company from August,
1988, through June, 1993, and as Chief Financial Officer
from 1983 through January, 1996. Mrs. Chadha is a director and
President of Rand Research Corporation and RT Investments, Inc.,
which are privately owned.
Xin Cheng, Ph.D., has been President and director of the Company
since September 1995, and was Secretary from June 1993 to February,
1997. Dr. Cheng holds a Ph.D. in electrical engineering from the
University of California, Irvine. Since 1988, Dr. Cheng has been
Senior Staff Scientist of Advanced Technology for the Company.
Leonard N. Hecht, has been a director of the Company since June 18,
1996. Since 1994, he has been President of Chrysalis Capital Group,
an investment banking From 1987 to 1993, Mr. Hecht was Managing
Director of the Investment Banking Group and head of the Technology
Assessment Group of Houlihan Lokey Howard & Zukin, a financial
advisory firm. From 1984 to 1987, Mr. Hecht was the Vice
Chairman of the Board and Chief Executive Officer of Quantech
Electronics Corp., a diversified publicly-held electronics company.
Prior to joining Quantech, Mr. Hecht was a founding principal of
Xerox Development Corporation, a wholly-owned subsidiary of the
Xerox Corporation. Xerox Development Corporation was active in
strategic planning, mergers and acquisitions, divestitures,
licensing, joint ventures and venture investing for the Xerox
Corporation.
Barry Witz became a director of the Company upon the Company's
merger with Builders Warehouse Association, Inc., in September,
1996. Mr. Witz also serves as Chairman of the Board of Saratoga
Brands, Inc., a Nasdaq company. Mr. Witz's expertise is in the
areas of corporate and securities law, and in mergers and
acquisition finance. Since 1994, he has been Chairman of the
Board, Director and President of Brite Lite Industries, Inc.,
a privately held company. Mr. Witz has acted as an attorney
for the United States Securities and Exchange Commission
He has been an officer of the New York Stock Exchange.
Christopher E. Sue has been Chief Financial Officer of the
Company since January, 1996, and Secretary since February,
1997. He was Chief Financial Officer of Meret from December,
1995 to January, 1996. From 1993 to 1995, he was Accounting
Manager at Haskel International, Inc., and from 1990 to 1993 he was
Assistant Controller at Sun Computers, Inc.
KEY EMPLOYEES
Name Position
---- --------
Cornelius Peterson III President, Network Server Division
Anthony P. Mauro President, RF Synthesis Unit
Nicholas J. Whelan President, Networking Division
Kelvin Y. O. Li President, Far East Division
Arthur Trakas President, Sales Division
John Hwang President, Com Sales Division
James M. True Vice Pres, Marketing Division
Robert Miller Director, NIC Division
PG Narayanan President, Internetworking Division
Ronald Mackey President, Switches & Hubs Division
E. Kirk McQuay Vice Pres, U.S. Manufact Ops
Cornelius Peterson III, President, Network Print Server
Division, joined the Company upon its acquisition of DPI.
Mr. Peterson had served as president and chief executive
officer of DPI since founding the company in 1984. Prior to DPI,
Mr. Peterson founded Distribution Management Systems, Inc.,
a supplier of distribution systems for Fortune 100 companies.
The company was sold in the spring of 1987 to Cullinet Corporation.
Mr. Peterson was also a founder of Softech, a leading supplier
of computer language and software development and services.
Mr. Peterson holds B.S. and M.S. degrees from the Massachusetts
Institute of Technology.
Anthony P. Mauro, President, RF Synthesis Unit, joined the Company
upon its acquisition of Builders Warehouse Association, Inc., where
he had served as General Manager of its subsidiary, Sciteq
Electronics, Inc., from 1993. From 1990 to 1993, Mr. Mauro served
as Executive Vice President of Hixon Metal Finishing. Concurrent
with these positions, Mr. Mauro has been Owner and President of
Two Mauro Enterprises and MFG Service Co. Mr. Mauro received a
Bachelor of Science degree from Fordham University and a Master
of Science degree in Electrical Engineering from the California
State University, Pomona. Mr. Mauro also has a M.A. degree in
Vocational Education from the California State University, San
Bernadino.
Nicholas J. Whelan, President, Networking Division, joined the
company upon its acquisition of RNS. Mr. Whelan joined RNS in
1994 to lead that company's transition toward becoming a mainstream
high-growth PC-based market supplier focused on workgroup connectivity.
Mr. Whelan has over 20 years of experience in design engineering,
product management, marketing and business development in
the WAN industry. Prior to his employment at RNS, Mr. Whelan was
director of international marketing for Tellabs, where he was
responsible for worldwide marketing and business development.
Kelvin Y. O. Li, President, Far East Division, joined the Company
upon its acquisition of Builders Warehouse Association, Inc., where
he had served as President of its subsidiary, Relialogic Technology
Corporation ("RTC"), and as the Chief Executive Officer of its
subsidiary, Uni Precision Industrial, Ltd.
Arthur Trakas, President, Sales Division, is responsible for the
Company's sales efforts directed to the OEM, carrier, VAR and
government segments of the networking market. Mr. Trakas joined
the Company upon its acquisition of RNS, which he joined in 1991
as a regional sales manager.
John S. Hwang, President, Commercial Sales Division, joined the
Company upon its acquisition of Builders Warehouse Association,
Inc., where he had served as Vice President of Sales and Marketing
of its subsidiary, RTC, since June, 1994. From 1991 to 1993,
James M. True, Vice President, Marketing Division, joined the
Company in 1996 upon its acquisition of Cray Communications. He is
responsible for corporate marketing, corporate communications and
public relations in the Company. Mr. True has over twenty years
experience in the communications industry. Prior to joining the C
ompany he was the Director of Marketing for Cray Communications.
From 1989 through 1992, Mr. True was in charge of product marketing
for the Local Area Networking and Network Management products at
Ascom Timplex. Mr. True's end-user background includes networking
engineering for Dow Jones & Company, where he was responsible for
a multimillion dollar terrestrial and satellite communications network.
Robert Miller, Director, NIC Division, joined the Company upon its
acquisition of RNS. He has been President of the NIC division since
December, 1996. From 1994 to 1996, Mr. Miller was Software Engineering
Manager for RNS.
PG Narayanan, President, Internetworking Division, joined the Company
upon its acquisition of Cray Communications, Inc. He has over
seventeen years of data communication experience, especially in Local
Area Networking and Wide Area Networking. From 1984 through 1996,
Mr. Narayanan was a manager of Cray in several capacities, including
manufacturing, purchasing, quality control, customer service, human
resources, marketing, and research and development.
Ronald Mackey, President, Switches and Hubs Division, joined the
Company upon its acquisition of Distributed Systems International,
Inc. ("DSI"). Mr. Mackey was a founder of DSI in 1990. As president
of DSI, he helped develop the ANSI FDDI and FDDI-II standards and
was key in the development of DSI's FDDI station management software.
Prior to DSI, Mr. Mackey designed and developed real-time distributed
database systems for AT&T Bell Laboratories. Mr. Mackey holds a B.S.
in computer science from the University of Missouri-Rolla and an
M.S. in computer science from the Georgia Institute of Technology.
E. Kirk McQuay, Vice President, U.S. Manufacturing Operations, joined
the Company in May, 1993. He is responsible for the Company's
U.S.-based manufacturing operations including materials control,
production and quality assurance as well as the Company's technical
and field support. Mr. McQuay has over twenty five years experience
in the high technology industry. Prior to joining the Company,
Mr. McQuay was Vice President and General Manager of the Computer
Services Division of C3, Inc., a systems integrator for the Federal
Government. Prior to his tenure at C3, Inc., Mr. McQuay held executive
positions with Stardent Computer, Inc., CGX, Inc., and Digital
Equipment Corporation.
Number of Percentage of
Shares Outstanding
Name of Beneficial Owner
Par Chadha
2800 28th Street, Suite 100 2,885,632 22.7%
Santa Monica, CA 90405
R II Partners, Inc.
2250 East Tropicana Ave. 1,666,582 13.6%
Las Vegas, Nevada 89119
R-T Investments, Inc.
2250 East Tropicana Ave., 93,600 *
Las Vegas, Nevada 89119
Rand Research Corporation
2250 East Tropicana Ave., 585,858 4.9%
Las Vegas, Nevada 89119
Sharon G. Chadha
2800 28th Street, Suite 100 808,364 6.7%
Santa Monica, CA 90405
Barry Witz
505 S. Beverly Drive, Suite 1066 2,137,682 16.9%
Beverly Hills, CA 90212
Brite Lite Industries, Inc.
505 S. Beverly Drive, Suite 1066 1,400,482 11.4%
Beverly Hills, CA 90212Leonard Hecht
18241 Lake Encino Drive 122,392 1.0%
Encino, CA 91316
Christopher E. Sue
2800 28th Street, Suite 100 25,000 *
Santa Monica, CA 90405
Xin Cheng
2800 28th Street, Suite 100 112,945 *
Santa Monica, CA 90405
Asia Broadcasting Communications Network
979/81-95 Phaholythin Road 674,419 5.6%
Phyathai, Bangkok 10400 Thailand
All Directors and executive officers
as a group 5,412,557 39.7% |
