Overture Networks Adds New Board Member
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Joe Chinnici Brings Over 30 Years of Financial Experience to Overture`s Board of Directors RESEARCH TRIANGLE PARK, N.C.--(Business Wire)-- Overture Networks, the industry`s trusted Carrier Ethernet solutions provider, today announced that Joe Chinnici, former Chief Financial Officer at Ciena, has been appointed to the Board of Directors for the company. Mr. Chinnici has more than 30 years of global leadership experience in accounting and financial management for technology companies. "Joe Chinnici`s expertise and insight in all the financial aspects of building successful companies will be a huge asset to our Board of Directors," said Overture Networks CEO, Jeff Reedy. "Joe`s proven leadership as both an executive and board member will be instrumental as we look to expand our position in the Carrier Ethernet market and continue our growth." Chinnici most recently served as Executive Vice President and Chief Financial Officer for Comverse Technology, Inc. from 2008 to 2009. Prior to Comverse, Joe was Senior Vice President of Finance and Chief Financial Officer at Ciena Corporation from 1995 to 2007, having previously served as Controller after joining Ciena in 1994. From 1993 through 1994, Joe was as a financial consultant for Halston Borghese Inc. and from 1977 to 1993, he held a variety of accounting and finance assignments for Playtex Apparel, Inc., now a division of Sara Lee Corporation. Joe has broad board level experience, having served on the board of directors of Sourcefire, Brix Networks, Optium Corporation, Guilford Pharmaceuticals, TR Systems and OTG Software. He holds a B.S. degree in accounting from Villanova University and an M.B.A. from Southern Illinois University. "Overture Networks is an established industry leader with a reputation for helping service providers and enterprises increase revenue and cut unnecessary costs associated with Carrier Ethernet services," stated Mr. Chinnici. "I`m excited to be working with the Overture team as the company continues to build on its success and progress into its next stage of growth and development." About Overture Networks Overture Networks is the preferred Carrier Ethernet edge and aggregation partner to more than 180 service providers and enterprise customers worldwide, including 10 of the top 15 US Carrier Ethernet service providers. Its innovative solutions have proven to be integral to a service provider`s ability to fully leverage Carrier Ethernet to multiply service revenues and streamline operational costs. Headquartered in Research Triangle Park, NC, with a technology center in Richardson, TX, Overture Networks is relentlessly focused on providing solutions at the ever-expanding edge of the network. With its patent-protected, award-winning family of products for both business services and cell site backhaul, Overture Networks uniquely combines the packet-switched and circuit switched worlds into a single architecture-at cost points that make it extremely attractive to offer Carrier Ethernet services to any size location-over optical fiber or copper transport. For more information, visit http://www.overturenetworks.com Connect2 Communications Rachel Wells, 919-554-3532 x6; Rachel@connect2comm.com Copyright Business Wire 2009
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