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Andy Mattes Named President and CEO of Siemens Information
and Communication Networks USA
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Representatives of Siemens AG have named Andy Mattes president
and CEO of Siemens Information and Communication Networks,
Inc. (ICN), the U.S. arm of the fixed-line networks business.
Effective May 1, 2004, Mattes will succeed George C. Nolen,
who became president and CEO of Siemens Corporation in the
U.S. in January 2004.
Since January 2001, Mattes has served on the Group Board
of Siemens Information and Communication Networks, the global
governing board of the fixed-line networks group. He will
perform his new duties from the unit's U.S. headquarters in
Boca Raton, Fla., while remaining on the ICN Group Board and
retaining his responsibility for the worldwide business of
the Enterprise Networks division. This decision underscores
the importance of expanding ICN's business and market share
in the United States.
As head of Siemens Information and Communication Networks,
Inc., Mattes is charged with continuing the drive for profitability
and growth in the U.S. market. In fiscal year 2003, ended
Sept. 30, 2003, Siemens ICN USA posted sales of $1.3 billion;
globally in fiscal year 2003, Siemens ICN posted sales of
$7.7 billion. Siemens ICN returned to profitability globally
and in the United States in the fourth quarter of fiscal year
2003.
Mattes played a key role in developing ICN's LifeWorks vision,
which addresses the new landscape of business and personal
communications by integrating home, business and carrier networks
as well as wired and wireless networks. On the ICN Group Board,
he will have responsibility for coordinating all activities
in this area and for driving forward the process of turning
this concept into international market success.
Mattes joined Siemens in 1985 and has held a variety of sales
and management positions. From 1999 to 2000, Mattes served
as president of the Enterprise Networks division at Siemens
ICN and was responsible for driving the global product development,
strategy and vision for the HiPathTM product family. From
1997 through 1998, Mattes was responsible for international
sales at Siemens Private Communications Networks. From 1987
to 1991, Mattes held a number of management posts in the United
States. Born in 1961, Mattes holds a degree in business from
the Ludwig-Maximilians University in Munich, Germany.
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Permeo Appoints Michael S. Bennett as CEO
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Representatives of Permeo Technologies Inc., a provider of
next-generation SSL VPN solutions have announced the appointment
of Michael S. Bennett as Chief Executive Officer. Mr. Bennett
takes the helm as the company moves to its next stage in the
application security market.
Bennett was the chairman and CEO of Mission Critical Software.
After leading the company to profitability and taking Mission
Critical public in 1999, Bennett led the company in a merger
with NetIQ Corporation in 2000 where he subsequently served
as executive chairman. Previous to Mission Critical, Bennett
led numerous companies successfully as CEO including Learmonth
& Burchett Management Systems plc and Summagraphics. Mr.
Bennett was also a senior executive with Dell Inc.
Most recently Bennett was co-founder of AlterPoint an Austin,
Texas based company where he remains as chairman. During the
last several years Bennett has lent his talent to many startups
intent on creating a market winning strategy and driving effective
sales, marketing and product delivery.
Founded in Dallas, Texas, in June 2001, Permeo is a privately
held spin-off from NEC USA.
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Biotech Company Light Biology Bought by NimbleGen Systems
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Light Biology Inc., a startup biotech company based on technology
developed at UT Southwestern Medical Center at Dallas, has
been acquired by NimbleGen Systems Inc. of Madison, Wis.
Light Biology was formed in the late 1990s, to commercialize
technology developed by Dr. Harold "Skip" Garner,
professor of biochemistry and internal medicine at UT Southwestern.
Using methods similar to those used for manufacturing semiconductors,
Dr. Garner invented a new way to make DNA microarrays, which
are used in scientific research to analyze the structure and
function of genes at the molecular level.
The system, called Digital Optical Chemistry (DOC), uses
Texas Instruments Digital Light Processing technology - instead
of traditional film processing - to manufacture specialized
DNA microarrays more quickly and cost effectively than previously
possible. With the acquisition, NimbleGen will now own all
of Light Biology's assets and patent rights to the DOC technology.
The enormous size of the human genome necessitates this careful
target selection to tune experiments to address specific questions,
Dr. Garner added. A need has emerged to have rapidly customizable
microarrays, making the DOC technology a valuable research
tool.
Dr. Garner's DOC technology and NimbleGen's Maskless Array
Synthesis (MAS) technology will now give scientists who use
DNA microarrays the ability to customize the analysis of hundreds
of thousands of small segments of genetic material in a matter
of hours. Traditional microarrays often do not allow customized
analysis of different genetic material and are costly for
researchers to purchase.
As part of the acquisition agreement, Dr. Garner will join
NimbleGen's Scientific Advisory Board.
Richardson-based STARTech Early Ventures established Light
Biology Inc. in 2001, based on an agreement with UT Southwestern
to commercialize Dr. Garner's DOC technology. After developing
the business plans and negotiating with potential partners
over a period of time, it was decided that the right strategic
move was to combine with another company that was more advanced
in its commercial development.
The deal strengthens NimbleGen's patent portfolio surrounding
the synthesis of DNA. With the acquisition of Light Biology
and its intellectual property, NimbleGen says it will be able
to enhance its operations in the United States.
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Advanced Neuromodulation Systems, Inc. to AcquireCable and
Wire Division Assets from microHelix, Inc.
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Representations of Advanced Neuromodulation Systems, Inc.
(ANS) and microHelix, Inc. have announced that ANS has agreed
to acquire the assets of microHelix's Cable and Wire Division,
which is operated out of Portland, Oregon, for approximately
$2 million in cash and assumed liabilities.
microHelix currently supplies coated fine wire, antennas,
and certain other products to ANS and its wholly-owned subsidiary,
Hi-Tronics Designs, Inc. ANS said that the acquisition represents
a vertical integration of an important component supplier
and provides ANS with additional engineering resources and
intellectual property for the design and development of new
products.
microHelix believes the sale of the Cable and Wire Division
assets will generate sufficient cash to reduce debt and to
provide working capital to allow it to successfully grow its
Ultrasound Division. Following the closing of the transaction,
microHelix will continue to operate its Ultrasound Division
from its facilities in Tucson, Arizona, Nogales, Mexico and
State College, Pennsylvania.
The transaction is subject to customary terms and conditions,
including shareholder approval by microHelix's shareholders.
microHelix's Board of Directors has approved the transaction
and will submit the transaction to its shareholders for approval.
ANS and microHelix expect to complete the transaction in April
2004.
Advanced Neuromodulation Systems designs, develops, manufactures
and markets implantable systems used to manage chronic intractable
pain and other disorders of the central nervous system.
microHelix, Inc. is a leading designer, manufacturer and
marketer of customized electronic interconnect systems for
the medical and commercial markets.
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EDS Names John Egan To China Leadership Roles
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Representatives of EDS announced the company has named John
Egan to the new post of vice president of Business Development
for China. He will be responsible for advancing the strategic
agenda of the EDS enterprise in China, including growth of
its core outsourcing business. Egan will report to Chairman
and CEO Michael Jordan and will be based in Shanghai.
Egan also was named A.T. Kearney managing director for Greater
China. A.T. Kearney is the high-value management consulting
subsidiary of EDS. In this role, he will report to the co-leaders
of A.T. Kearney's Asia Pacific profit center, Yoshinori Ando
and Arthur Bert.
Egan previously served as an executive vice president of
A.T. Kearney, responsible for leading the firm's service practices
worldwide. Prior to that, he was managing director for A.T.
Kearney's European operations.
Egan has more than 30 years of consulting experience. He
joined A.T. Kearney in 1968 and was elected an officer in
1979. He introduced the firm's geography-industry-service
matrix, which was instrumental in achieving rapid growth during
the '90s. He also served as A.T. Kearney's first global quality
officer, developing many of the programs used today to measure
the quality of client work and results.
Before joining A.T. Kearney, Egan was a marketing research
analyst with Interlake Steel Corp. He earned a bachelor's
degree in economics from Northwestern University and pursued
doctorate-level training in economics at the University of
Chicago.
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Allegiance Telecom Reaches Settlement To Terminate Vendor
Agreement With Level 3
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Allegiance Telecom, Inc. has announced it has reached a settlement
with Level 3 Communications, Inc. to terminate a vendor agreement.
The settlement, which is subject to approval of the Allegiance
bankruptcy court and other conditions, would terminate a multi-year
contract Level 3 has to purchase wholesale dial access services,
including the use of operating equipment, from Allegiance.
Level 3 assumed the contract with Allegiance as part of its
acquisition of Genuity's assets last year. To settle some
disputes regarding the contract, Level 3 has agreed to pay
Allegiance $54 million in cash for the contract and associated
assets.
Allegiance Telecom is a facilities-based national local exchange
carrier headquartered in Dallas, Texas.
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