SOURCE: OptiCon Systems, Inc.

October 14, 2009 08:00 ET

OptiCon Systems Announces CORNING Founder Rejoins Management Team; Three Executive Positions Expand Organization

ST. PETERSBURG, FL--(Marketwire - October 14, 2009) - OptiCon Systems, Inc. (OTCBB: OPCN), a global provider of OSS (Operational Support System) software applications for Communications, Telecommunications and the Power companies, announced today that three outstanding executives have joined the organization in key positions.

Making the announcement was newly appointed EVP/Chief Operating Officer, Tessa Lander.

"We are building a strong team of entrepreneurs who share vision and are tenaciously innovative. Their excitement has fueled our Board to expand the scope of our initial endeavors and embrace the opportunities provided under the ARRA for stimulus funding. These individuals represent new beginnings and the return of one of OptiCon's Founders, as Mr. Jacques Laurin agrees to lead the development of OptiCon's future core systems."

Mr. Jacques Laurin, Chief Architect, OptiCon Systems

As the OptiCon Project Manager for CORNING Cable Systems from 1996 to 2004, Mr. Laurin led the internal development of Network Management software for the leading provider of fiber optic networks, installing network management systems in over 150 locations and in eight of the top ten cable providers.

Mr. Laurin gained critical knowledge of the requirements of communications network management, translating this expertise to build an OSS that facilitated network operations, including fault and entropy detection and provisioning systems. By incorporating GIS capabilities, the performance metrics were dramatically improved, establishing OptiCon as the de facto standard in the telecommunications industry.

Mr. Laurin was a founder in OptiCon Systems, Inc. in 2004, and served as Vice President of Technology until December 2007.

Mr. Laurin has most recently been a partner in a consulting firm providing Business Integration Solutions, and mastering RFID technology. He has successfully implemented Service Oriented Architecture and Business Process Management solutions in several large development projects in the Telecom, IT and manufacturing industries, and will bring his RFID expertise to the OptiCon product development team.

Jacques earned a software development degree from College Andre-Laurendeau in Montreal, Quebec.

Mr. Francis E. Vegliante, Senior Vice President of International Sales

Mr. Vegliante has held Executive Sales and Marketing positions spanning twenty-five years in the communications industry, and has specialized in International expansion for two decades. He brings an in-depth perspective of the technological impact of solving business challenges to the OptiCon management team.

Most recently, Mr. Vegliante was Vice President, Channel Marketing, for TriStar Communications' offering 100 mega bandwidth fiber optic solutions and VoIP broadband hybrid solutions capturing 5% market share in his first year. As a member of the start-up team at Burst.com, Mr. Vegliante had global P&L responsibility and established 85 channels of distribution in the streaming video markets in Europe, Asia, Africa and South America.

As Executive VP at DocuPoint Corp., a start up software developer of CRM OSS Optical Based Systems, he generated $14 million in revenue. He had P&L responsibility at Paradyne Corp. and was National Sales Manager with Motorola Communications Corp.

Mr. Vegliante holds a Bachelor of Science degree from the University of Tampa, and studied International Trade at Yale University in New Haven, CT.

David A. McCarthy, Vice President, Corporate Development

As VP of Corporate Development, Dave McCarthy will be focusing on developing strategic partners for government funded projects in the PowerCon Energy Systems subsidiary. He has been instrumental in establishing critical meetings to procure stimulus funding under the Broadband Initiatives of the Department of Commerce and the Department of Energy.

McCarthy has a proven track record in business development in the e-commerce and finance industries. He has managed wholesale broker networks, and through his creative use of innovative technologies to replace legacy systems, increased revenue. He has been involved in the launch of multiple start-up divisions and companies, creating new market opportunities and brand development.

Most recently, Mr. McCarthy was Director of Business Development for TeamZoneSports, an e-commerce startup, marketing internet web development for athletic associations and educational facilities. McCarthy successfully established national marketing partners, secured investment capital, and increased the customer base by 30% in less than two years.

Prior to this, Mr. McCarthy was Director of Sales and Business Development at The Lending Group, growing the Southeast region's sales volume from $60 Million to $180 million annually.

Mr. McCarthy actively supports non-profit organizations, including local Little League and Pop Warner associations, and is on the Board of Directors of the New Tampa YMCA. Mr. McCarthy holds a Bachelor of Arts in Communications from Marquette University.

About OptiCon Systems

OptiCon Systems, Inc., through its subsidiary, provides Wireline, Wireless and fiber optics network management solutions offering proprietary state-of-the-art software, professional services and integrated systems. OptiCon Systems have been in use by companies seeking the best solution in managing their networks for the past 10 years. The company's software solutions automate all aspects of the physical and logical layer management, fault detection and delivery of information. The scalability of the software systems permits the Company to target large communications and telecom companies servicing millions of global customers to medium-sized companies managing a single facility. Besides OptiCon Network Manager (ONMS), the company will soon offer PowerCon Energy Systems (PES) that is designed to manage large power networks and facilities for power and alternative energy companies globally. The PES/ONMS isolates (power/fiber) cable cuts, breaks, and faults, and service degradation and other power and optical events to within plus or minus five feet of the event, and produces a global positioning system location for the outage to an approximate five foot section of cable.

For more information, please visit www.opticonsystemsinc.com.

Forward-Looking Statements

This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.

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