OTTAWA, Nov. 27 /CNW Telbec/ - March Networks(TM) (TSX:MN; AIM:MNW), a
leading provider of intelligent IP video and business analysis applications,
announced today that Stephen Nicolle has joined the March Networks senior
management team in the position of acting Chief Operating Officer (COO),
reporting directly to Peter Strom, President and CEO.
Mr. Nicolle has more than 22 years of experience working in the
communications technology industry. As President and General Manager of the
OSS software business unit at Nortel Networks, he grew revenue to $250 million
in 2000 from $24 million in 1997 and led a team of more than 1,000 employees.
Prior to that, Mr. Nicolle worked as Assistant Vice-President at Bell Northern
Research, where he was responsible for Network and Service Management research
and development programs, managing more than $40 million in annual investment.
More recently, he served as CEO and President of emerging, venture-backed
technology companies Sigma Systems Group and Tatara Systems Inc.
Mr. Nicolle will be responsible for leading March Networks' R&D and
global operations initiatives, with a focus on enhancing the Company's
development, product life cycle and fulfillment strategies.
"I am delighted to be joining March Networks," said Mr. Nicolle, "and
excited by the opportunities ahead for this world-class company."
Mr. Strom added, "We are pleased to welcome Steve to our senior
management team. His skill set is an excellent addition to March Networks as
we focus on strategic initiatives aimed at expanding our presence globally."
About March Networks
March Networks(TM) (TSX:MN; AIM:MNW) is a leading provider of intelligent
IP video and business analysis applications that enable organizations to
reduce losses, mitigate risks and improve security and operational efficiency.
The Company's advanced software suite includes enterprise-class video
management, powerful analytics and comprehensive managed and professional
services. Our software and systems are used by leading financial institutions,
retailers, transportation authorities and other organizations in more than
50 countries. For more information, please visit www.marchnetworks.com.
This release contains certain forward-looking information, including
expectations of future business. This information is based on the Company's
current expectations and assumptions that are subject to a variety of risks
and uncertainties that are difficult to predict and that may be beyond March
Networks' control. Actual results could differ materially from those expressed
in any forward-looking statements due to factors such as the Company's ability
to attract and retain key employees, increased levels of competition,
technological changes and the successful development of new products,
dependence on third-party manufacturers, and other risks and factors
identified in March Networks' public filings with regulatory authorities in
Canada. March Networks assumes no obligation to update these forward-looking
statements as a result of new information or future events.
(*)MARCH NETWORKS and the MARCH NETWORKS logo are trademarks of March
Networks Corporation. All other trademarks are the property of their
For further information:
For further information: Peter Wilenius, March Networks Corporation,
(613) 591-8181, firstname.lastname@example.org