Axerra Networks,"The Pseudo-Wire Company™,"is the leading provider of circuit emulation and service emulation solutions over packet access networks.
 
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AXERRA NETWORKS ANNOUNCES THE APPOINTMENT OF
GADI TAMARI AS CEO

-- Gil Biran, Axerra’s Founder and current CEO, assumes the role of COO --


 

 

 

 

Boca Raton, FL – February 14, 2006 – Axerra Networks, “The Pseudo-Wire Company™” and leading provider of circuit emulation and service emulation solutions, announced today the appointment of Gadi Tamari as CEO, effective March 1. Mr. Tamari, a very experienced industry executive, recently stepped down as the CEO of RADVISION (Nasdaq: RVSN) after leading it successfully from 2001 through 2005, doubling its sales and increasing its market capitalization by a factor of four. Mr. Tamari will also become a member of Axerra’s board of directors.

Shlomo Dovrat, General Partner and Founder of Carmel Ventures, one of Axerra's main investors, commented “We are excited to have Gadi join Axerra. Gadi Tamari has an intimate understanding of the opportunities and the challenges service providers face as they migrate towards next-generation Packet networks. Axerra is in an exciting leadership position with significant market traction; Gadi is a proven builder of companies, well respected in the industry and is the right person to work with Gil and the team, increasing Axerra's leadership position"

Gil Biran, Founder and current CEO of Axerra, will assume the position of COO and retain his current position on Axerra’s board of directors. In his capacity as COO, Mr. Biran will continue to drive Axerra’s technology vision, managing day-to-day operations as well as research and product development. With more than 20 years of experience in the research and development of communications systems, Mr. Biran is highly regarded as an early visionary for multiservice over packet and has guided Axerra to the forefront of the Pseudo-Wire market.

Commenting on his appointment Gadi Tamari said: “I am excited to accept the invitation of Gil Biran and the directors to become CEO of Axerra. This company has a great solution with innovative technology and a dedicated team of professionals driving this business to succeed. Plus, Axerra has a great start, with an international presence that we will use as the foundation to move the business forward to the next stage."

As CEO of RADVISION, Mr. Tamari skillfully used hands-on management of sales and marketing to position the company’s technology as a fundamental enabler of the VOIP, IP video-conferencing, and mobile video markets. Prior to joining RADVISION, he was appointed VP of international sales of Lucent Softswitch after the acquisition of Excel Switching by Lucent in 1998 for $1.7B. As COO at Excel Switching, Gadi was instrumental in its acquisition by Lucent, having responsibility for sales and operations with special focus on international sales.

“I am thrilled that Axerra Networks’ board has approved my initiative to bring my friend Gadi Tamari on board as CEO, and I look forward to our mutual success” stated Gil Biran. “I have known Gadi for many years and he has a great reputation with experience building successful companies and boosting sales. I believe that, as a fast growing company, Axerra needed to strengthen its management team and Gadi is the right person at the right time. With Gadi, Axerra is well positioned to realize our tremendous potential as the market leader of Pseudo-Wire.”

Axerra Networks’ Pseudo-Wire solutions enable mobile wireless operators, cable operators, competitive access providers, and incumbent carriers to extend IP plus legacy data and voice services in native format over Ethernet, IP, and MPLS networks. Axerra Networks’ family of award-winning AXN Pseudo-Wire Gateways and Access Devices™ are now tested and deployed on four continents.

About Axerra Networks, Inc.

Axerra Networks is the leading provider of circuit emulation and service emulation solutions over packet access networks. Axerra’s Pseudo-Wire solutions enable mobile wireless operators, cable MSOs, competitive service providers, and incumbent carriers to extend IP + legacy voice and data services in native format over Ethernet, IP, and MPLS networks. The result is greater operational efficiency, new revenue opportunities, and a smooth migration strategy to a single converged network, without stranding any revenue streams from profitable legacy services. With Axerra’s Pseudo-Wire solutions, service providers can convert any packet access network (Carrier Ethernet, broadband wireless including WiMAX, cable HFC, xDSL, PON, etc.) into a full-service alternative to TDM access. For more information, please contact Steve Byars, VP Marketing, by email: steve@axerra.com or by phone: +1-561-213-3659.



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