Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Finder who wrote (8978)	8/4/1998 4:33:00 PM
From: Honor First	Read Replies (1) \| Respond to of 12559

News: FORE Systems Elects President and CEO of AT&T Wireless Services, Inc. To Board of Directors Daniel R. Hesse Brings Superior Experience in the Carrier Market PITTSBURGH, Aug. 4 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE), a global supplier of networking solutions based on an Intelligent Infrastructure(TM), today announced the election of Daniel R. Hesse to the company's Board of Directors. The addition of Mr. Hesse, the President and Chief Executive Officer of AT&T Wireless Services, will enhance FORE Systems' overall strategic vision in the regulated carrier and emerging service provider markets. Mr. Hesse fills a vacancy on FORE Systems' Board of Directors created by the recent resignation of Onat Menzilcioglu, a co-founder of the company. In his role with AT&T Wireless Services, Mr. Hesse has overall responsibility for the nation's largest wireless operator with over 8 million customers and close to $5 billion in revenues. His experience with AT&T extends from management and business development to strategic planning and network operations. Mr. Hesse also serves on advisory boards of several leading universities, including Cornell University and the University of Notre Dame. "Dan's professional history makes him an ideal candidate to assist with the future growth and direction of the company," commented Eric Cooper, co- founder and Chairman of the Board of FORE Systems. "His outstanding experience in the communications industry on a national and international level will be extremely valuable as FORE Systems moves forward." "I am very pleased to play a part in FORE Systems' continued growth into new and existing markets," added Hesse. "The company's technology leadership and unique solution offering make them an ideal company for me to be associated with. I sincerely appreciate the fact that FORE Systems has turned to me and my experience to guide their future growth." About FORE Systems FORE Systems is a leading global supplier of networking solutions based on an Intelligent Infrastructure designed to handle the networked applications of today and tomorrow. FORE's Networks of Steel(TM) deliver the increased capacity, reduced complexity and unparalleled flexibility and scalability necessary to build networks that last. Thousands of enterprise and service provider customers worldwide have put FORE Systems' solutions at the heart of their networks. For more information on FORE's Networks of Steel, call 888-404-0444 or visit the FORE Systems web site at www.fore.com. This press release contains forward-looking statements with respect to products, future growth and other matters. Please refer to the Annual Report on Form 10-K filed by FORE Systems with the Securities and Exchange Commission in June, 1998, for a discussion of risks that could cause actual results to differ materially from such statements. All FORE Systems' editorial information and graphics can be found on NEWSdesk, the high-tech Internet Network at newsdesk.com. FORE Systems is a registered trademark of FORE Systems, Inc. Intelligent Infrastructure and Networks of Steel are trademarks of FORE Systems, Inc. All other brand or product names are trademarks of their respective holders. SOURCE FORE Systems, Inc.