21.08.2007 12:00:00
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Veraz Networks Names William Rohrbach as Vice President of Strategy and Business Development
Veraz Networks, Inc. (Nasdaq: VRAZ) announced today that William
Rohrbach has been named the company’s Vice
President of Strategy and Business Development. In this role, he will
oversee the Company’s global business
development function and work with senior management on long-term
strategy. Mr. Rohrbach joins Veraz from Ericsson (NasdaqGS: ERIC) where
he was Vice President Sales for the Verizon group of companies. Mr.
Rohrbach has also held senior positions at Alcatel-Lucent (NYSE: ALU)
and AT&T (NYSE: ATT).
"It is exciting to get the opportunity to work
with an innovative leader in the VoIP market. Veraz is making a
considerable impact on the industry by delivering on the promises of
next generation and IMS solutions,” said Bill
Rohrbach. "I look forward to playing a
significant role in the company’s future
growth and success.” "Recruiting an executive of Bill’s
caliber provides validation of the value Veraz is bringing to the market,”
said Doug Sabella, President and CEO of Veraz Networks. "I
look forward to working with Bill as we move Veraz to the next level.” About Veraz Networks
Veraz is a leading global provider of Internet Protocol, or IP,
softswitches, media gateways and digital compression products to
established and emerging wireline, wireless and broadband service
providers. Service providers use Veraz products to transport, convert
and manage voice traffic over legacy and IP networks, while enabling
voice over IP, or VoIP, and other multimedia communications services.
Veraz IP products, which consist of the company’s
innovative ControlSwitch softswitch solution and I-Gate 4000 family of
media gateway products, enable service providers to deploy IP networks
and efficiently migrate from their legacy circuit-switched networks to
IP networks. Additional information about Veraz Networks (NASDAQ: VRAZ)
is available at www.veraznetworks.com.
Forward Looking Statements
This press release may contain forward-looking statements regarding
future events that involve risks and uncertainties. Readers are
cautioned that these forward-looking statements are only predictions and
may differ materially from actual future events or results. These
forward-looking statements involve risks and uncertainties, as well as
assumptions that if they do not fully materialize or prove incorrect,
could cause our results to differ materially from those expressed or
implied by such forward-looking statements. The risks and uncertainties
that could cause our results to differ materially from those expressed
or implied by such forward-looking statements include but are not
limited to, those related to the sales of Veraz products and services to
Verizon or other customers and other risks and uncertainties described
more fully in our documents filed with or furnished to the Securities
and Exchange Commission. More information about these and other risks
that may impact Veraz' business is set forth in our Registration
Statement on Form S-1 filed with the SEC, including the "Risk Factors"
section in our final Prospectus filed April 5, 2007 and Veraz' Quarterly
Report on Form 10-Q for the quarter ended June 30, 2007 as filed with
the Securities and Exchange Commission. Thee filings are available on a
website maintained by the Securities and Exchange Commission at http://www.sec.gov.
All forward-looking statements in this press release are based on
information available to us as of the date hereof, and we assume no
obligation to update these forward-looking statements.
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