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

To: sam who wrote (9288)	10/5/1998 10:24:00 AM
From: jas cooper	Respond to of 12559

FORE Systems Expands Board of Directors to Add President and CEO of Cincinnati Bell Inc. Election of John T. LaMacchia Further Enhances FORE's Management Experience in the Telecommunications Market October 5, 1998 10:05 AM PITTSBURGH, Pa., Oct. 5 /PRNewswire/ -- FORE Systems, Inc. FORE , a leading global supplier of multiservice networking solutions, today announced that it has expanded its Board of Directors to seven members and elected John T. LaMacchia, the President and Chief Executive Officer of Cincinnati Bell Inc. The addition of Mr. LaMacchia to the Board will further enhance FORE Systems' ability to reach the telecommunications market. Mr. LaMacchia began his career in the telecommunications industry in 1966 with Bell Telephone Laboratories. Since that time, he has published a number of highly acclaimed technical papers and has been granted three patents in the area of information processing. As President and CEO of Cincinnati Bell, he also heads a telecommunications firm that has delivered an average annual rate of return of more than 20 percent over the last 15 years. Mr. LaMacchia earned a Bachelor's Degree in electrical engineering and a Ph.D. in physics from the Catholic University of America. He also earned a J.D. from Indiana University. "FORE Systems has spent considerable time and effort developing products and technologies that will allow us to extend our reach into the telecommunications market," commented Eric Cooper, co-founder and Chairman of the Board of FORE Systems. "Electing John to the Board is another important move that will help us better understand that market and strategically position our company appropriately." With the addition of Mr. LaMacchia, the FORE Systems Board of Directors is comprised of three Directors from within the company and four from outside the company. The three insiders are Eric Cooper, co-founder and Chairman; Robert Sansom, co-founder, Senior Vice President and CTO; and Thomas Gill, President and CEO. Along with Mr. LaMacchia, the outsiders are John Baker, President of Baker Capital; Daniel McGlaughlin, former President and CEO of Equifax; and Daniel Hesse, President and CEO of AT&T Wireless Services.