Vecima Announces Board Appointment, Retirement
VICTORIA – (August 17, 2015) – Vecima Networks Inc. (“Vecima” or “the Company”) (TSX:VCM) today announced the appointment of T. Kent Elliot to the Company’s Board of Directors effective today. Mr. Elliott is a 35-year veteran of the Internet security and telecommunication industries. He replaces Mr. Barry Baptie, who is retiring from Vecima’s Board of Directors.
“On behalf of the Board, I would like to thank Barry for his extensive participation over the past decade and acknowledge his significant contributions as Lead Independent Director,” said Dr. Surinder Kumar, Chairman of the Board of Vecima. “We are also very pleased to welcome Kent to the Board and are confident that his extensive experience will prove to be a great asset for Vecima.”
Mr. Elliott has held a wide range of international executive positions with companies including ForeScout Technologies (CEO and Executive Vice-Chairman), Nokia (Senior Vice President, Nokia Internet Communications), Vienna Systems (President and CEO – acquired by Nokia December 1998), TMI Communications (VP Sales and Marketing), and Mitel Corporation (SVP Product Management, GM of APAC and AVP Business Development, Europe). He holds a B.Comm (honours) and an MBA from Queen’s University, Canada.
Going forward, Mr. Scott Edmonds will take over the role of Lead Independent Director.
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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Vecima Networks Inc.
771 Vanalman Avenue, Victoria, BC V8Z-3B8. Canada
Phone: (250) 881-1982 Fax: (250) 881-1974
Email: invest@vecima.com