Diatem Networks Inc.

Diatem Networks Inc.

February 28, 2005 08:30 ET

DIATEM Appoints Marco Pagani as Chairman


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DIATEM NETWORKS INC.

FEBRUARY 28, 2005 - 08:30 ET

DIATEM Appoints Marco Pagani as Chairman

OTTAWA, ONTARIO--(CCNMatthews - Feb. 28, 2005) - DIATEM Networks Inc.,
the leader in carrier-Ethernet management systems, announced today that
Marco Pagani will serve in the capacity of Chairman of the Board of
Directors.

Marco is a seasoned global telecommunications industry professional with
a long track record of business success. He currently provides strategic
telecom advisory services to telecommunications firms and the Venture
Capital community, including holding several board positions. During an
18 year tenure at Nortel Networks, Marco developed and led many
successful global business divisions, with his most recent position
being President - Optical Ethernet Networks and Storage Solutions. He
previously held the positions of President - Metro Optical, President -
Core Networks and General Manager - Carrier Data Networks, also at
Nortel.

"Marco is an industry visionary with impeccable business credentials,
completely relevant to DIATEM's business," said Kevin Vachon, DIATEM
CEO. "We continue to assemble an industry-leading team and we are
excited to have Marco assume this important and active role," added
Vachon.

"For years now, I have been a huge advocate of Ethernet technology as
the next major innovation in metro network technologies and services,"
said Pagani. "Service Providers globally are expecting carrier-class
service quality from Ethernet technologies to support business
connectivity and triple play service delivery. With it's advanced
Ethernet service management software system, DIATEM has uniquely
positioned itself as a key missing ingredient of carrier-Ethernet, a
capability that the equipment vendors and mainstream OSS companies do
not have," added Pagani.

"DIATEM has an excellent business plan, great technology and a strong,
execution-focused team," said Dr. Mark Janoska, General Partner of
VenGrowth Capital Partners, a DIATEM board member. "Marco will make a
very significant contribution to the success of the Company and I look
forward to working with him," added Janoska.

About DIATEM

DIATEM Networks Inc. is the Ethernet management systems leader. DIATEM's
Ethernet ServiceController (ESC), enables service providers to
efficiently provision, measure and manage carrier-class Ethernet
networks and services, over multi-vendor environments. With ESC, service
providers expand revenues by offering highly differentiated Business
Connectivity and Residential Triple Play services, and save costs by
efficiently configuring and managing their wireline and wireless
infrastructure for service delivery. With integrated Ethernet Traffic
Engineering and sophisticated Admission Control, DIATEM addresses a
critical operational quality barrier, delivering connection performance
guarantees across shared packet networks.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    DIATEM Networks Inc.
    Deryl Rasquinha
    VP Business Development and Marketing
    (613) 592-3525 Ext. 2241
    drasquinha@diatem.com
    www.diatem.com