Avaya Redoubles Commitment to Leading the Industry’s Digital Transformation With Strategic Moves
Accelerating Innovation
Avaya Holdings Corp. (NYSE:AVYA) today announced strategic moves that highlight its continued focus on innovation and accelerate
its momentum in driving customer success. Avaya has formed a new Innovation Incubator led by Laurent Philonenko, SVP, Innovation.
Chris McGugan, who recently re-joined Avaya, will assume Philonenko’s former role as SVP, Solutions and Technology. McGugan’s deep
domain knowledge of communication technologies coupled with his passion about delivering solutions that enhance business outcomes
will benefit Avaya’s portfolio and go to market capabilities.
“Avaya’s transformation is rapidly progressing, solidifying the foundation for growth,” said Jim Chirico, Avaya’s president and
CEO. “Our results consistently demonstrate that we maintain a best-in-class operating model, we continue to execute with speed,
precision and accountability, and we seek to deliver industry leading capabilities that will dramatically improve the customer
journey. The Avaya Innovation Incubator enhances our position as a technology leader and ensures continued relevance of the
solutions and offerings in our roadmap and skills to drive success for Avaya, our customers, partners and shareholders.”
The Avaya Innovation Incubator is chartered with creating new, disruptive solutions in the market, such as the recently
announced Avaya Mobile Experience. The Incubator will focus on mobility, security and artificial intelligence in
particular, drawing on input from customers, partners, internal development and a future planned ecosystem to foster promising
start-ups and entrepreneurs.
About Avaya
Avaya is a global leader in digital communications software, services and devices for businesses of all sizes. Our
open, intelligent and customizable solutions for contact centers and unified communications offer the flexibility of Cloud,
on-premises and hybrid deployments. Avaya shapes intelligent connections and creates seamless communication experiences for our
customers, and their customers. Our professional planning, support and management services teams help optimize solutions, for
highly reliable and efficient deployments. Avaya Holdings Corp. is traded on the NYSE under the ticker AVYA. For more information,
please visit www.avaya.com
Cautionary Note Regarding Forward-Looking Statements
This document contains certain “forward-looking statements.” All statements other than statements of historical fact are
“forward-looking” statements for purposes of the U.S. federal and state securities laws. These statements may be identified by the
use of forward looking terminology such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,”
“might,” “our vision,” “plan,” “potential,” “preliminary,” “predict,” “should,” “will,” or “would” or the negative thereof or other
variations thereof or comparable terminology and include, but are not limited to, availability and effectiveness of new products
and features. The Company has based these forward-looking statements on its current expectations, assumptions, estimates and
projections. While the Company believes these expectations, assumptions, estimates and projections are reasonable, such
forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond its
control. The factors are discussed in the Company’s Registration Statement on Form 10 filed with the Securities and Exchange
Commission, may cause its actual results, performance or achievements to differ materially from any future results, performance or
achievements expressed or implied by these forward-looking statements. For a further list and description of such risks and
uncertainties, please refer to the Company’s filings with the SEC that are available at www.sec.gov . The Company cautions you that the list of important factors included in the Company’s SEC
filings may not contain all of the material factors that are important to you. In addition, in light of these risks and
uncertainties, the matters referred to in the forward-looking statements contained in this report may not in fact occur. The
Company undertakes no obligation to publicly update or revise any forward-looking statement as a result of new information, future
events or otherwise, except as otherwise required by law.
Source: Avaya Newsroom
Avaya Holdings Corp.
Deborah Lewandowski, 630-245-2720
Deblewan@avaya.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180531005672/en/