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Press
Release
November 30, 2005 - Wave7 Optics Names Larry Huang, Co-Founder of Ciena Corp.,
to the Company's Board of
Directors
ATLANTA - November 30, 2005 - Wave7 Optics, Inc., a
leading supplier of fiber-to-the-home and -premises (FTTH/FTTP) optical
broadband network equipment for residential and business services, today
announced the appointment of Lawrence "Larry" Huang to the Company's Board of
Directors. Mr. Huang was a co-founder of Ciena Corporation, one of the industry
pioneers in DWDM systems. His leadership helped transform Ciena in just a few
years from a start-up into a multi-billion dollar publicly held company that
scored impressive contract wins with carriers around the world. Prior to Ciena,
he co-founded AT&T Tridom, a manufacturer of satellite communications systems.
Presently, Mr. Huang serves on the board of directors
for Cygnet Private Bank and Legacy Trust. He is also a trustee of the Georgia
Institute of Technology Foundation, chairman of the Georgia Institute of
Technology Foundation Investment Committee and chairman of the Georgia Institute
of Technology Business School Advisory Board. He also serves as a member of the
advisory board for the Georgia Institute of Technology Center for
Entrepreneurship and New Venture Development. In addition, Mr. Huang recently
funded an endowed chair shared by the College of Management and the School of
Electrical and Computer Engineering at "Georgia Tech." The Lawrence P. Huang
Chair in Engineering Entrepreneurship will aid in preparing students for
leadership positions in technology application and management. Mr. Huang holds
a BS in Industrial Management from the Georgia Institute of Technology and an
MBA from Georgia State University.
"These are exciting times for the FTTP industry and we
are thrilled to have Larry join our Board, as he brings tremendous telecom
industry experience and business acumen to the table, qualities which will help
the company capture market share and meet our current customer obligations,"
said Tom Tighe, CEO of Wave7 Optics.
"The Wave7 team has developed innovative and truly
industry-leading products and, as a result, has captured significant market
share in one of the hardest-fought areas of telecom," said Larry Huang. "This speaks to their commitment, drive
and execution and I look forward to working with such a group in the months
ahead."
About Wave7 Optics
Wave7 Optics
has established itself as an industry leader in optical
broadband access systems with an expanding FTTP product portfolio featuring a
variety of architectural options, based on IP and Ethernet or ATM standards, for
"triple play" voice, video and data services. The company's patented Last Mile
Link and Trident7 systems are gaining market share rapidly around the world with
service providers in the IOC, CLEC, MSO, municipal, utility and real estate
development categories.
For more information please contact
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