Vecima Adds New Board Member
VICTORIA – (April 1, 2015) – Vecima Networks Inc. (“Vecima” or “the Company”)(TSX:VCM) is pleased to announce that it has appointed Scott Edmonds as a new director to the Company’s board effective today. Scott’s 30 year career has been a unique blend of operational, strategic and financial leadership roles in both large and small companies in Canada, Europe and Asia. Most recently Scott led the turnaround of Webtech Wireless into a supplier of software as a service solution to fleet managers across North America. For his efforts, in 2014 he was recognized as a finalist for the EY Entrepreneur of the Year award (Pacific Region) in the B2B (business-to-business) category.
Prior to Webtech Wireless, Scott held CFO roles in two other Vancouver area software companies as well as 10 years with The Walt Disney Company in France, Indonesia and Singapore. Scott has also served on a variety of public and private company boards of directors over the past ten years. As a board member, Scott has acted as audit committee chair as well as governance and compensation committee chair. Scott holds a degree in finance and is a Chartered Accountant. Scott has also completed the Executive Development Program at The Kellogg School and was recently awarded the ICD.D designation.
About Vecima Networks
Vecima Networks Inc. (TSX:VCM) designs, manufactures and sells products that enable broadband access to cable, wireless and telephony networks. Vecima’s hardware products incorporate original embedded software to meet the complex requirements of next-generation, high-speed digital networks. Service providers use Vecima’s solutions to deliver services to a converging worldwide broadband market, including what are commonly known as “triple play” (voice, video and data) and “quadruple play” (voice, video, data and wireless) services. Vecima’s solutions allow service providers to rapidly and cost-effectively bridge the final network segment that connects the system directly to end users, commonly referred to as “the last mile”, by overcoming the bottleneck resulting from insufficient carrying capacity in legacy, last mile infrastructures. Vecima’s products are directed at two principal markets: Converged Wired Solutions and Broadband Wireless. The Company has also developed and continues to focus on developing products to address emerging markets such as Voice over Internet Protocol, fibre to the home and IP video. More information is available at our website at www.vecima.com.
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