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Symmetricom Appoints Cable Telephony Veteran Robert Stanzione to Board of Directors10 May 2005
Symmetricom, Inc. (NASDAQ:SYMM - News), a leading worldwide supplier of network synchronization and timing solutions, today announced the appointment of Robert "Bob" Stanzione to the company's Board of Directors. Stanzione is the chairman and chief executive officer of Arris Group Inc. (NASDAQ:ARRS - News), a global communications technology leader in the development of advanced cable telephony solutions and the delivery of converged services across the broadband local access network. Arris was formed by the merger of ANTEC and Arris Interactive, LLC in August 2001.
"We welcome Bob Stanzione to Symmetricom's Board of Directors," said Thomas Steipp, Symmetricom President and CEO. "Bob's outstanding record of success in the cable telephony and advanced communications industries will be of great value to our team, especially as we pursue emerging opportunities for sync and timing in next-generation networks, including the cable market."
Stanzione joined ANTEC in 1998 as President, COO, and Director. He was appointed CEO on January 1, 2000. Prior to joining ANTEC, he was President and CEO of Arris Interacive, LLC, a Nortel Networks/ANTEC joint venture. At Arris, Stanzione grew the venture from a start up company to a world market leader in cable telephony and high-speed data products. From 1969 to 1995, Stanzione held a wide range of senior management positions with AT&T Network Systems (now Lucent).
"Symmetricom has tremendous potential to actively participate in the build-out of next-generation networks for cable and telecom service providers," said Bob Stanzione. "I look forward to working with other members of the board to help maximize Symmetricom's success."
Stanzione holds a BS degree in Mechanical Engineering from Clemson University, and an ME degree in Industrial Engineering from North Carolina State University. He serves as a Director of CoaXmedia and Evolve Products, Inc.
About Symmetricom Inc.
As a worldwide leader in precise time and frequency products and services, Symmetricom provides "Perfect Timing" to customers around the world, including communications service providers, network equipment manufacturers, U.S. Department of Defense (DOD), aerospace contractors, enterprises, governments and research facilities. Since 1985, the company's timing, frequency and synchronization solutions have helped define the world's standards, delivering precision, reliability and efficiency to wireless and wireline networks, instrumentation and testing applications and network time management. Deployed in more than 90 countries, products include atomic clocks, cesium and rubidium standards, VME, crystal oscillators, PCI cards and Global Positioning System (GPS) solutions for instrumentation applications, as well as network time servers for Network Time Protocol (NTP) synchronization and time synchronization solutions. In 2002, Symmetricom acquired TrueTime and Datum, strengthening its leading position in the world time and frequency markets. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit www.symmetricom.com.
-------------------------------------------------------------------------------- Contact: Symmetricom Inc. Bill Slater, 408-428-7801 bslater@symmetricom.com or Stapleton Communications Inc. Ellen Brook, 650-470-0200 ellen@stapleton.com
-------------------------------------------------------------------------------- Source: Symmetricom Inc.
Source: Business Wire
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