Performance Technologies' Signaling Systems Group Appoints David Colbeck as Director...
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Performance Technologies' Signaling Systems Group Appoints David Colbeck as
Director of Sales, EMEA
ROCHESTER, N.Y., Jan. 22 /PRNewswire-FirstCall/ -- Performance
Technologies (Nasdaq: PTIX), a leading developer of communication platforms
and systems, today announced that its Signaling Systems Group has hired Mr.
David Colbeck as the company's director of sales for the European, Middle
East, and African (EMEA) markets.
Mr. Colbeck's base of operations will be in the United Kingdom, where he
will be reporting to Mr. Cory Grant, vice president of international sales and
marketing for the company's Signaling Systems Group. "We are very excited to
have David join our organization and manage our EMEA operations," said Grant.
"David is a seasoned professional who has successfully opened and developed
numerous international operations in his previous positions. He brings a
wealth of knowledge concerning the evolving EMEA Telecom market and will be a
great asset in expanding our business in the EMEA region."
Prior to joining Performance Technologies, Mr. Colbeck was the chief
operating officer at Telsis. He also previously served as vice president and
managing director for Europe, the Middle East, and Africa for Tekelec, and has
held numerous director level positions at Ericsson.
"We are committed to providing carriers and network operators with
advanced signaling solutions that will enable them to grow their business and
better serve their customers with newer features and services," said Patt
Rice, vice president and general manager for Performance Technologies'
Signaling Systems Group. "Our continued investments in worldwide sales and
support infrastructure ensure that we can meet and surpass customer
requirements as they grow their operations."
Performance Technologies' Signaling Systems Group provides advanced
telecommunications solutions that enable telecommunication network providers
to optimize their existing network infrastructure, improve operational
efficiencies that include legacy/serial network to IP conversion, and reduce
operating expenses. These solutions support the latest SIGTRAN standards, such
as M3UA and M2PA, and are engineered to ensure the highest level of carrier-
grade reliability. This helps carriers achieve increased profitability and
return on investment (ROI). More information on the company's suite of SS7/IP
products can be found at www.pt.com/signaling.
Telecommunication equipment design engineers and wireless network system
architects in the EMEA markets can meet with Performance Technologies
representatives at a number of events that include the 2008 GSMA Mobile World
Congress in Barcelona, Spain (February 11-14, 2008, booth 2.1A01) and COMPTEL
PLUS Spring 2008 in Nashville, TN (February 24-26, 2008, booth 818).
About Performance Technologies (www.pt.com)
Performance Technologies (Nasdaq: PTIX) is a global supplier of integrated
IP-based platforms and solutions for advanced communications networks and
innovative computer system architectures. Our Embedded Systems Group offers
robust application-ready platforms that incorporate open-standards based
software and hardware, providing significantly accelerated end product
deployment benefits for equipment manufacturers. Our Signaling Systems Group
offers the SEGway(TM) product suite, which includes IP STPs, SS7 over IP
transport solutions, and signaling gateways that enable lower operating costs
through utilization of IP networks, thereby creating competitive advantages
for carriers in existing and emerging markets.
Performance Technologies is headquartered in Rochester, New York.
Additional engineering facilities are located in San Diego and San Luis
Obispo, California, and Kanata, Ontario, Canada.
Forward Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for certain forward-looking statements. This press release contains
forward-looking statements which reflect the Company's current views with
respect to future events and financial performance, within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the safe harbor provisions of those
Sections.
These forward-looking statements are subject to certain risks and
uncertainties, and the Company's actual results can differ materially from
those discussed in the forward-looking statements. These risks and
uncertainties include, among other factors, general business and economic
conditions, rapid technological changes accompanied by frequent new product
introductions, competitive pressures, dependence on key customers, the
attainment of design wins and obtaining orders as a result, fluctuations in
quarterly and annual results, the reliance on a limited number of third party
suppliers, limitations of the Company's manufacturing capacity and
arrangements, the protection of the Company's proprietary technology, the
dependence on key personnel, changes in critical accounting estimates,
potential impairments related to investments, foreign regulations, and
potential material weaknesses in the future. Forward-looking statements should
be read in conjunction with the audited Consolidated Financial Statements, the
Notes thereto, Risk Factors, and Management's Discussion and Analysis of
Financial Condition and Results of Operations of the Company as of December
31, 2006, as contained in the Company's Annual Report on Form 10-K, and other
documents filed with the Securities and Exchange Commission.
The names of actual companies, products, or services may be the
trademarks, registered trademarks, or service marks of their respective owners
in the United States and other countries.
SOURCE Performance Technologies
Will Smith, Marketing Communications Manager for Performance Technologies,
+1-585-256-0200, wjs@pt.com
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