Overture Networks Adds New Board Member

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Fri Jun 26, 2009 9:00am EDT

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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