Bangkok--Dec 7--pr vantage
-- Douglas Sabella brings additional executive management expertise in next generation telecommunication solutions --
a leading global provider of next-generation communication networks, announced that it has appointed Douglas A. Sabella as its President and Chief Executive Officer. As an experienced leader in telecommunications and software organizations, Mr. Sabella is poised to continue Veraz's leadership in providing advanced IP solutions for next generation services.
Mr. Sabella brings an extensive executive and operations management
background in the telecommunications and software industries to Veraz that spans over 20 years. This experience includes both public and private enterprises ranging from $10 million to in excess of $2 billion in revenue.
At Lucent Mr. Sabella was the Vice President responsible for the OSS and
Intelligent Networking businesses and later was named President of the Octel
Messaging Division. After 15 years with Lucent, Doug was named President of
Tumbleweed Communications and subsequently was COO at Terayon Communications, both of which are public companies.
"By appointing Douglas Sabella as the new CEO, Veraz is signaling to the
industry that the company is committed to continuing its growth and leadership in providing next generation IP solutions for the delivery of new multimedia services," said Promod Haque, Chairman of the Board of Veraz Networks and Managing Partner at Norwest Venture Partners (NVP). "Mr. Sabella's years of successful senior management experience at both Fortune 500 and start-up technology companies serves to assure that Veraz stays at the forefront of this market."
Dr. Tal Simchony will assume a strategic role where he will continue to help Veraz maintain its role as a leading provider of carrier-class, next generation packet telephony solutions. "Since its inception, Tal served as CEO at Veraz and directed the company over the last two years through explosive growth in the U.S., India, and Israel. He was instrumental in orchestrating the successful deployment of over 15 global NGN networks.
Under Tal's leadership, Veraz was awarded Frost & Sullivan's Voice over
Packet Executive Team of the Year," said Promod Haque. "We are grateful for all his efforts and thank him for helping to establish Veraz around the world."
About Veraz Networks
Veraz Networks (www.veraznetworks.com) is the leading global provider of
softswitch-based, toll-quality packet telephony solutions for traditional and next-generation communications networks. Built on a rich heritage of delivering carrier-class products to over 700 customers in 140 countries, Veraz offers complete solutions to established and greenfield carriers, and enhanced service providers worldwide through its softswitch, media gateway, and digital compression products. Leveraging open, best-of-breed components and a global support and service infrastructure, Veraz partners with customers to design and deploy carrier-class next-generation networks tailored to meet their business objectives. By combining industry-leading, standards-based softswitch and media gateway platforms with robust management systems, Veraz offers unmatched flexibility to its customers: a best-in-class integrated packet telephony solution or the freedom to choose best-of-breed individual products to match their unique network needs. Veraz
solutions address a wide range of call processing applications such as tandem switching, domestic & international long distance, IP trunking, IP Centrex, as well as new voice-data services.
Veraz Networks is privately funded by ECI Telecom (NASDAQ: ECIL), Argonaut Private Equity, Battery Ventures, Kleiner Perkins Caufield & Byers,
Levensohn Venture Partners and Norwest Venture Partners. The company is headquartered in San Jose, CA, with offices throughout the world. End.