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Dr. Andrew Viterbi Joins Continuous Computing Board of Directors
Pioneer of Digital and Wireless Communications Contributes To Recent Funding
SAN DIEGO, CA - April 11, 2001 - Continuous Computing Corporation (CCPU), the leading provider of Voice-over-Packet platform solutions for telecom equipment manufacturers, today announced that Dr. Andrew Viterbi, wireless pioneer and co-founder of Qualcomm and Linkabit, has joined the company's Board of Directors. Dr. Viterbi's appointment coincides with his financial investment in Continuous Computing through The Viterbi Group, LLC. His investment participation, combined with additional funding from Technology Crossover Ventures, totals $2 million and completes the company's recent Series D funding round at a total of $23.6 million.
Continuous Computing Chairman and CEO Ken Kalb said, "We are absolutely delighted to have Dr. Viterbi on our board of directors. His achievements and experience within the industry will provide us with a unique perspective on how we approach the future of telecommunications."
"Continuous Computing is an exciting young company developing products and technologies that are in great demand," said Dr. Viterbi. "I'm enthusiastic to be associated with Continuous Computing and look forward to contributing to its continued success, particularly for wireless infrastructure platforms."
Dr. Viterbi has established himself in both business and academia. He is the co-founder and retired Vice-Chairman of Qualcomm and a member of the National Academy of Sciences. Under his leadership, Qualcomm received worldwide recognition for innovation in wireless communication systems and products based on CDMA technology. Dr. Viterbi is also the inventor of the well-known Viterbi Algorithm, a decoding algorithm used in most digital communication systems. Before Qualcomm, Dr. Viterbi co-founded Linkabit Corporation, a digital communications company, and he was also a professor at the University of California, Los Angeles (UCLA) School of Engineering and Applied Science. Today, Dr. Viterbi is involved in venture capital investing through The Viterbi Group, headquartered in San Diego, California.
Dr. Viterbi received his bachelor's of science and master's of science degrees from the Massachusetts Institute of Technology in 1957, and his Ph.D. from the University of Southern California in 1962.
About Technology Crossover Ventures
TCV was founded in 1995 to capitalize on the emergence of the Internet and to create a new model for Internet investing by combining the best of venture capital and public market investing. It is one of the largest venture firms in the country focused exclusively on the Internet, having raised over $2.5 billion since 1995. TCV has twelve partners and headquarters in Palo Alto, California. The company provides multi-stage venture funding - from $3 million to $75 million per company - and leverages its venture activity into the public market. Over the past five years, TCV has invested in over 125 portfolio companies. For more information about TCV, visit the website at www.tcv.com
About Continuous Computing
Continuous Computing provides integrated systems and services that enable telecom equipment manufacturers to rapidly deploy Next Generation Networks (NGN). Over 150 customers worldwide benefit from the company's unique blend of customized professional services, Trillium protocol software, AdvancedTCA and CompactPCI systems, and BladeCenter hardware. Continuous Computing helps customers reduce platform lifecycle costs, optimize data delivery, and accelerate deployments of NGN, 3G/4G Wireless, and IP Multimedia Subsystem (IMS) infrastructure. The company is ISO-9001 and CMMI certified and based in San Diego with development centers in China and India. For more information, visit www.ccpu.com.
Continuous Computing is a member of the Intel Embedded and Communications Alliance (www.intel.com/go/ica), Communications Platforms Trade Association (www.cp-ta.org), Femto Forum (www.femtoforum.org), IMS Forum (www.imsforum.org), Service Availability Forum (www.saforum.org), and the Blade.org ecosystem (www.blade.org).
Continuous Computing, the Continuous Computing logo, Create | Deploy | Converge, FlexTCA, Flex21, FlexChassis, FlexCompute, FlexCore, FlexDSP, FlexPacket, FlexStore, FlexSwitch, FlexTCA, Network Service-Ready Platform, Quick!Start, TAPA, Trillium, Trillium+plus, and the Trillium logo are trademarks or registered trademarks of Continuous Computing Corporation. Other names and brands may be claimed as the property of others.
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