C-COR Appoints Cable Industry Veterans to Top Corporate Sales and Marketing Positions
Posted on: Monday, 14 June 2004, 06:00 CDT
C-COR.net Corp. (Nasdaq:CCBL), a global provider of broadband communications transport products, software systems, and technical services, today announced the appointment of two cable industry executives to key corporate sales and marketing positions. Timothy Gropp, a 25 year veteran of the telecommunications industry, steps in as Corporate Vice President/Americas Business, and Mitchell Berman, with a 20-year background in global cable, satellite, and broadband marketing, assumes the position of Corporate Vice President of Marketing. Both will report directly to C-COR's Chairman and CEO, David Woodle, and will jointly work to aggressively consolidate and expand C-COR's position as a top-tier global player in the broadband marketplace.
Prior to joining C-COR, Timothy Gropp served as Vice President of Worldwide Sales at Alopa Networks, Inc. He has an extensive background in the sale of products and services to a wide range of major telecommunications providers, including Comcast Communications, Time Warner Cable, Time Warner Telecom, Cablevision Systems, and Qwest Communications, and has held key positions in leading industry companies such as AT&T and Lucent Technologies. As Lucent's Customer Team Vice President for the North America broadband market, he was responsible for the delivery of several hundred million dollars in profitable revenue covering the sale of switching, FTTH, optical networking, and cable systems products as well as Operational Support Software and services. With a combination of sales, engineering, and marketing expertise, Timothy Gropp has successfully identified and developed marketing opportunities, and led high-performing sales teams throughout his career.
Mitchell Berman comes to C-COR after serving as Vice President and Chief Marketing Officer of Alopa Networks, Inc. He is a long-time industry executive with a career that includes Senior Vice President of Worldwide Marketing and Operations for OpenTV, Senior Vice President of Strategic Business Development at Galaxy Media/East Coast Pay Television (FOXTEL) in Australia, Director of Marketing at Sky Network Television in New Zealand, Vice President of E! Entertainment Television, and Regional Manager at Home Box Office (HBO). In these positions, Mitchell Berman has successfully applied strategy with innovation to achieve increased market penetration that has lead to millions of new subscribers and multi-million dollar annual revenues.
Commenting on the new appointments, David Woodle, Chairman and CEO of C-COR, stated, "Both Tim and Mitch have proven track records of successful results-oriented leadership. They will be valuable assets to C-COR in launching our expanded global sales and marketing program over the coming year."
About C-COR (www.c-cor.net)
C-COR is a top-tier global provider of optical packet, digital video transport, and RF communications products; end-to-end fiber-to-the-premise systems; comprehensive operations support systems (OSS) solutions; and outsourced technical field services--all supporting cost-effective delivery of voice, video, and high-speed data over advanced broadband networks. Headquartered in the U.S. with facilities worldwide, C-COR's mission is to provide our customers with second-to-none network integrity throughout the full network life cycle. C-COR's common stock is listed on the Nasdaq National Market (Symbol:CCBL) and is a component of the Russell 2000 Stock Index.
Some of the information presented in this announcement constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent the Company's judgment regarding future events, and are based on currently available information. Although the Company believes it has a reasonable basis for these forward-looking statements, the Company cannot guarantee their accuracy and actual results may differ materially from those the Company anticipated due to a number of uncertainties, many of which the Company is not aware. Factors which could cause actual results to differ from expectations include, among others, capital spending patterns of the communications industry, changes in regard to significant customers, the demand for network integrity, the trend toward more fiber in the network, the Company's ability to develop new and enhanced products, the Company's ability to provide complete network solutions, continued industry consolidation, the development of competing technology, the global demand for the Company's products and services, and the Company's ability to complete and integrate acquisitions and achieve its strategic objectives. For additional information concerning these and other important factors that may cause the Company's actual results to differ materially from expectations and underlying assumptions, please refer to the reports filed by the Company with the Securities and Exchange Commission.
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