27.06.2007 13:00:00
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Harmonic Appoints Harold Covert to Its Board of Directors
Harmonic Inc. (NASDAQ: HLIT) today announced that Harold Covert, 60, a
highly experienced Silicon Valley financial executive, has been
appointed to the Company’s Board of Directors
and as Chairman of its Audit Committee. Mr. Covert fills the vacancy
created by the recent retirement of Michel Vaillaud, 75, who served on
Harmonic’s Board since 1997.
Mr. Covert is currently Executive Vice President and Chief Financial
Officer of Openwave Systems and has served in that capacity since 2005.
Prior to Openwave, Mr. Covert was Chief Financial Officer at Extreme
Networks and Silicon Graphics, as well as at Adobe Systems. He is also a
Director and Chairman of the Audit Committee of JDSU. He holds a BS
degree in Business Administration from Lake Erie College and an MBA
degree from Cleveland State University and is also a Certified Public
Accountant.
"I am delighted to welcome Hal to our Board,”
said Patrick J. Harshman, President and CEO of Harmonic Inc. "We
expect that Hal’s experience and outstanding
record with leading Silicon Valley technology companies will be of great
value to our Board and to its Audit Committee. He complements our
already distinguished Board as a seasoned executive who is independent
of the management team and who brings broad technology industry
experience and in-depth financial skills. We look forward to his active
participation on our Board of Directors and Audit Committee.” "Michel’s unique
perspective and experience were invaluable to our Board during his ten
years of service. His support and commitment to Harmonic’s
success are greatly appreciated and his presence will be missed,”
added Mr. Harshman.
Together, Harmonic’s Board of Directors
represents a wide range of financial, technical, business and industry
expertise. The other members of Harmonic’s
Board of Directors are: Patrick Harshman, E. Floyd Kvamme, Anthony Ley,
William Reddersen, Lewis Solomon, and David Van Valkenburg.
About Harmonic Inc.
Harmonic Inc. is a leading provider of versatile and high performance
video solutions that enable service providers to efficiently deliver the
next generation of broadcast and on-demand services including high
definition, video-on-demand, network personal video recording and
time-shifted TV. Cable, satellite, broadcast and telecom service
providers can increase revenues and lower operational expenditures by
using Harmonic’s digital video, broadband
optical access and software solutions to offer consumers the compelling
and personalized viewing experience that is driving the business models
of the future.
Harmonic (NASDAQ: HLIT) is headquartered in Sunnyvale, California with
R&D, sales and system integration centers worldwide. The Company’s
customers, including many of the world’s
largest communications providers, deliver services in virtually every
country. Visit www.harmonicinc.com
for more information.
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