Veraz Networks, Inc.
(NASDAQ:VRAZ), the leading provider of Multimedia
Generation Network application, control, and bandwidth optimization
products, today announced that Daniel Kwan has been selected as Vice
President, Sales, Asia Pacific Region. In this position, he will oversee
the company’s sales and business development
efforts within the Asia Pacific region.
“We are extremely pleased to add Daniel to the
Veraz team, leading our efforts for the Asia Pacific region,”
said Bill Rohrbach, Vice President, Worldwide Sales at Veraz Networks. “The
Veraz Multimedia Generation Network solutions are extremely well suited
to the broad customer base in this region, and Daniel’s
broad experience in the region will help us match our solutions with the
carriers’ needs.”
Prior to joining the Veraz team, Mr. Kwan held the position of Vice
President of the Asia Pacific and Middle East Region for Verso
Technologies Inc. With experience in Carriers, Wireless, Satellite, and
Enterprise markets, Mr. Kwan has led regional sales teams at various
established and start up Asia Pacific companies including Alcatel
Networks and IBM. As a senior executive, Mr. Kwan has built and managed
strategic partnerships with key regional players such as SingTel,
Huawei, Motorola, iDirect and others.
About Veraz Networks, Inc. (NASDAQ:VRAZ)
Veraz Networks, Inc. (NASDAQ:VRAZ), is the leading provider of
application, control, and bandwidth optimization products that enable
the evolution to the Multimedia Generation Network (MGN). Service
providers worldwide use the Veraz MGN portfolio to extend their current
application suite and rapidly add customized multimedia services that
drive revenue and ensure customer retention. The Veraz MGN separates the
control, media, and application layers while unifying management of the
network, thereby increasing service provider operating efficiency.
Wireline and wireless service providers in over 50 countries have
deployed products from the Veraz MGN portfolio, which includes the
ControlSwitch™, Network-adaptive Border
Controller, I-Gate 4000 Media Gateways, the VerazView Management System,
and a set of prepackaged applications. Please visit www.veraznetworks.com.
Forward Looking Statements
This press release may contain forward-looking statements regarding
future events that involve risks and uncertainties. Readers are
cautioned that these forward-looking statements are only predictions and
may differ materially from actual future events or results. These
forward-looking statements involve risks and uncertainties, as well as
assumptions that if they do not fully materialize or prove incorrect,
could cause our results to differ materially from those expressed or
implied by such forward-looking statements. The risks and uncertainties
that could cause our results to differ materially from those expressed
or implied by such forward-looking statements include but are not
limited to the potential growth of our sales and revenue in Asia Pacific
and other risks and uncertainties described more fully in our documents
filed with or furnished to the SEC. More information about these and
other risks that may impact Veraz's business is set forth in our
Registration Statement on Form S-1 filed with the SEC, including the
"Risk Factors" section in our Annual Report on Form 10-K for the year
ended December 31, 2007 and Quarterly Report on Form 10-Q for the
quarter ended June 30, 2008 as filed with the SEC. These filings are
available on a website maintained by the SEC at http://www.sec.gov/.
All forward-looking statements in this press release are based on
information available to us as of the date hereof, and we assume no
obligation to update these forward-looking statements.
VRAZ-IR
Veraz Networks
Dawn Hogh, +1-408-750-9533 (Editorial)
dhogh@veraznet.com
or
Vantage
Communications
Ilene Adler, +1-415-984-1970 ext. 102 (Editorial)
iadler@pr-vantage.com
or
MBS
Value Partners
Ron Vidal, +1-415-606-6998 (Investor Relations)
ron.vidal@mbsvalue.com