NORTELS CEA JOINS PLAINTREEPlaintree Systems Inc. Announces Addition of Christopher Skarica to its Technical Advisory Board (TAB)
1/18/05
OTTAWA, Jan 18, 2005 (CNW Telbec via COMTEX) --
Today, Plaintree Systems Inc. ("Plaintree" or "Company") announced the addition of Christopher Skarica to its Technical Advisory Board.
Mr. Skarica most recently held the position of Chief Technology Advisor of Nortel's Global Cable MSO S
olutions team. He has spent the past 5 years working at Nortel Networks R+D facility in Ottawa. His team was in charge of targeting and developing emerging and next generation technologies as well as end-to-end network solutions for the Cable Multi System Operators (MSO) market. For the previous eleven years Mr. Skarica was with corporate engineering teams of several Canadian MSO's including Maclean-Hunter, Rogers, and Cogeco. He is both well-known and highly respected throughout the cable MSO industry for his several patents, industry presentations, and development of emerging technologies and network solutions.
While at Nortel Networks, Mr. Skarica was instrumental in the detailed evaluation, and first MSO market trial, of Plaintree's LED based Free Space Optics (FSO) product. Mr. Skarica recently left Nortel Networks to join a leading manufacturer of solid state Video on Demand streaming equipment based in Boston, MA.
"We are very pleased that Christopher accepted our offer to join the Plaintree TAB" said David Watson Plaintree CEO. "He is the one who opened our eyes to the tremendous potential the Cable MSO market segment holds for Plaintree's LED wireless solutions. Christopher is a highly experienced and very talented network design engineer who has now graduated to the level of Vice President of Technical Sales. In addition to being highly connected throughout the industry, he brings a special and vital ability to determine what the cable MSO market requires and how to design equipment to satisfy those needs."
"Christopher has already introduced us to a number of key players with the largest MSOs in the USA and Canada who are now deploying and/or evaluating Plaintree's FSO links. In addition, he has been instrumental in advising Plaintree's development team on new features and functionality for our existing product offering. The result will be an even more resilient and flexible product offering from Plaintree systems as well as solid access to a new and exciting market segment".
About Plaintree Systems
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Ottawa-based, Plaintree Systems Inc. (www.plaintree.com), founded in 1988, through its wholly-owned operating subsidiary, develops and manufactures the WAVEBRIDGE series of Free Space Optical wireless links using Class 1, eye- safe LED (Light Emitting Diode) technology providing high-speed network connections for ISPs, traditional telcos, GSM or cellular operators, airports and campus networks. Acting as a replacement for cable, fiber or radio frequency systems, the WAVEBRIDGE links offer broadband access with no spectrum interference problems, and same day installation for rapid network deployment.
Plaintree is publicly traded in Canada on The Toronto Stock Exchange (Symbol: LAN) and in the U.S. on the OTC BB (LANPF), with 90,221,634 shares outstanding.
This press release may include statements that are forward-looking and based on current expectations. The actual results of the company may differ materially from current expectations. The business of the company is subject to many risks and uncertainties, including changes in markets for the company's products, delays in product development and introduction to manufacturing and intense competition. For a more detailed discussion of the risks and uncertainties related to the company's business, please refer to documents filed by the company with the U.S. Securities and Exchange Commission and Canadian regulatory authorities, including the Company's annual information form dated September, 2004.
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