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Continuous Computing Names Mike Dagenais as CEO
Industry Veteran to Lead the Company through its Next Wave of Growth
SAN DIEGO – January 9, 2007 – Continuous Computing Corporation, global provider of integrated systems and services that enable telecom equipment manufacturers to rapidly deploy Next Generation Networks (NGN), today announced the appointment of Mike Dagenais as chief executive officer and board member. This appointment prepares Continuous Computing for the next stage of growth as the company expands its comprehensive package of hardware, software, and professional service solutions.
“Mr. Dagenais' deep knowledge of the telecommunications market, his hands-on experience managing and leading rapid-growth technology companies, and his ability to drive sustainable financial results were the key reasons for bringing him into the company,” said Randy Lunn, chairman of Continuous Computing's board of directors and a founding partner of Palomar Ventures. “His leadership and operational expertise will help drive Continuous Computing to become a much larger supplier of solutions for telecom equipment manufacturers.”
Mr. Dagenais brings over 25 years of experience in the telecommunications industry to his position with Continuous Computing, including prior executive and management positions at Convergent Networks, Lucent, and Nortel. Most recently, Mr. Dagenais served as chief executive officer and president of Optical Solutions, Inc., where he led the successful acquisition of Optical Solutions by Calix Networks, a large telecom equipment supplier focused on access solutions for broadband service delivery.
“Continuous Computing is the leader in serving telecom equipment manufacturers' needs for the best total solution of hardware, software, and professional services,” said Mr. Dagenais. “With marquee customers, a forward-looking product portfolio, and the respected Trillium brand, Continuous Computing has the necessary strategic elements in place to deliver superior integrated systems. I am very pleased to have the opportunity to lead this dynamic company to the next level.”
In a related announcement, Continuous Computing indicated that Ken Sawyer has also joined its board of directors. Mr. Sawyer, a founding partner of Saints Capital, brings noted expertise and several years of experience in financial and strategic transactions including mergers & acquisitions, private placements, and initial public offerings. Mr. Sawyer currently has board affiliations with HK Systems, Cleargauge, Mirapoint, and Sidestep.
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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