SOURCE: TXP Corporation

April 12, 2007 09:39 ET

TXP Appoints Masoud Vaziri Vice President of Photonics

RICHARDSON, TX -- (MARKET WIRE) -- April 12, 2007 -- TXP Corporation (OTCBB: TXPO), an Original Design Manufacturer (ODM) for the communications industry, today announced that Masoud Vaziri, Ph.D., MBA, has been appointed Vice President of Photonics. At TXP Dr. Vaziri will oversee the Photonics laboratory and support the ONT team with interoperability activities and new product development.

Dr. Vaziri brings over 10 years of senior industry experience with a focus on optical system design and optical networking. These systems control, manipulate, transfer and store information using photons, the fundamental particles of light. Before joining TXP, Dr. Vaziri served as vice president of photonics systems at Menara Networks working on high performance subsystems for next generation optical networks.

Dr. Vaziri began his career in 1995 as a member of the scientific staff for optical system design at Nortel Networks and later in his career re-joined the firm as Director of Lightwave System Design from 2000 - 2003. During his first term at Nortel he participated in the design of Nortel's first 10Gb/s system and developed optical measurement techniques which he transferred to the factory, conducted system simulations, field support and troubleshooting. As Director of Lightwave System Design for OPTera LH4000, he led a 15-member optical system design, test and verification team.

At Siemens ICN from 1998 - 2000, Dr. Vaziri was distinguished member of the technical staff and the manager of the technology group. During this period, he developed the optical system characterization methodology for TransXpress Infinity, a 10Gb/s DWDM (Dense Wavelength Division Multiplexing) system. He also led interoperability tests with Fujitsu and Hitachi, supervised technical writing of optical system start-up, test and verification procedures, and conducted various design and technical support activities.

Michael C. Shores, President and Chief Executive Officer of TXP, commented, "Dr Vaziri's expertise in photonics engineering combined with his ability to conceptualize and implement complex solutions for the communications industry makes him an important addition to our team. Also, his past experience with interoperability will be instrumental in taking our company to the next level. We look forward to reaping the benefits of his contributions."

About TXP

TXP Corporation is an Original Design Manufacturer for the communications industry. Based in Richardson, Texas, TXP has three primary business units: TXP-Texas Prototypes, TXP-Retrofit Solutions, and TXP-ONT Solutions. TXP-Texas Prototypes provides pre-manufacturing services for the electronics industry that help original equipment manufacturers (OEMs) bring products to market both faster and more cost effectively. The company excels in both global design and supply chain solution services for new product development, which include: prototyping and quick-turn electronic assembly; new product introduction; pilot production; material supply chain development; as well as the transfer of products into production. TXP-Retrofit Solutions provides custom engineering kits to enable ILECs (Incumbent Local Exchange Carriers) to upgrade their local access service delivery infrastructure at minimum cost and time. TXP's retrofit kits enable a wide range of next generation telecom platforms to easily fit into the variety of remote cabinets that have been broadly deployed by ILECs over the last 30 years. TXP-ONT Solutions comprises the former Siemens' Optical Network Terminal (ONT) development team hired in late 2006. This group develops and markets via an (ODM) Original Design Manufacturing model a family of ONT products to both OEMs and ILECs to be private-label branded. The ONT technology terminates the passive optical network at the home or business location, and enables integrated voice, video and high-speed Internet access. For more information visit: www.txpcorporation.com

Contact Information

  • Media:
    Eric Miscoll
    TXP Corporation
    (214) 575-9300

    Investor Relations:
    David K. Waldman / Klea K. Theoharis
    Crescendo Communications
    (212) 671-1020