Simpler Networks appoints Jean-Luc Abaziou as CEO

    Company also raises an additional $9 million in financing

    MONTREAL, July 18 /CNW Telbec/ - Simpler Networks Corp., technology
leader driving the automation of copper distribution frames for local
telecommunications service providers, today announced the appointment of
Jean-Luc Abaziou as its new Chief Executive Officer, replacing Harry J. Carr
who becomes the chairman of the company's board of directors. Prior to his
appointment, Mr. Abaziou served on the company's board of directors and was a
venture partner at Highland Capital, one of Simpler Networks' investors. He
has a long and impressive track record as an international senior executive at
such technology leaders as Ericsson and Alcatel.
    "Strategically, this is the right moment to have someone of Mr. Abaziou's
caliber take the helm of Simpler Networks," Hubert Manseau, Co-Founder and
Senior Managing Partner of Multiple Capital, said. "His international profile
and extensive background in network infrastructures are key at a time when
automated distribution frames are generating a lot of interest in Europe.
Plus, the company recently raised $9 million in financing in addition to the
$25 million C-round financing that was secured in 2006 from existing
investors, for a total of $34 million. This puts the resources needed at their
disposal to further their opportunities and prospects in Europe and North
    Simpler Networks has been drawing on its experience implementing systems
based on MEMS-based technology in Europe and North America to work with
European carriers as they refine their vision for automating distribution
frames, and for capitalizing on the resulting rapid service delivery and
reduced costs.
    "As a board member for Simpler Networks, I became very familiar with the
company's technology, market potential and already strong management,"
Jean-Luc Abaziou said. "My decision to come on board was an easy one given the
confidence I have long had in this team. We have the talent, the vision and
the continued financial backing of all of our investors. We are poised to
become the world leader in automating copper distribution frames."
    As a venture partner at Highland Capital, a Simpler Networks investor,
Mr. Abaziou specialized in investments in network infrastructure and wireless
innovation. Prior to working with Highland Capital, Mr. Abaziou was Vice
President and General Manager of Ericsson IP Infrastructure and President and
CEO of both Torrent Networking Technologies and Alcatel Data Networks. He is
an advisor for the French Foreign Commerce Ministry and has served on a number
of boards and advisory boards, including for George Washington University, the
A. James Clark School of Engineering at the University of Maryland and the
French-American Chamber of Commerce. He currently sits on the board of
California-based ANDA Networks.

    About Simpler Networks

    Simpler Networks is a technology leader driving the automation of copper
distribution frames in central offices and street cabinets in
fiber-to-the-node environments. Its revolutionary MEMS-based system enables
local service providers to automate the last mile and deploy advanced services
competitively, accelerate revenues and reduce costs.
    Simpler Networks is a privately held company. Investors include Highland
Capital Partners, Kodiak Venture Partners, Solidarity Fund QFL, Lothian
Partners and BCE Capital. For more information, please visit

For further information:

For further information: Media contact: Natalie Vinette, Simpler
Networks, 1 877 SIMPLER or (514) 822-4857 (office),

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890