NET Announces Change in Management of NET Federal
April 20 2009 - 7:30AM
Marketwired
Network Equipment Technologies, Inc. ("NET") (NYSE: NWK) announced
today that Gary Lau, President of NET Federal and an officer of
Network Equipment Technologies, Inc., has retired from the company
after 22 years of service. Mr. Lau will be succeeded by James "Jim"
Fitzpatrick, who has joined NET as President of NET Federal and
will also serve as an officer of Network Equipment Technologies,
Inc.
Fitzpatrick has over 28 years of professional experience in the
Federal marketplace. He joins NET from Ericsson Federal (formerly
Marconi Federal), where he was VP of Federal Sales. At Marconi
Federal, he oversaw channel sales and partner programs and was in
charge of business development. Fitzpatrick has also held senior
management positions at NCR and AT&T. His professional
experience includes sales, marketing, business development and
large-scale program management, along with legal, financial and
contract management. Fitzpatrick earned a bachelor's degree from
Marquette University and a law degree from the University of
Baltimore, and did additional graduate studies in Information
Technology at Johns Hopkins University.
"Gary Lau's leadership has been instrumental in bolstering our
government sales over the years. He has championed many of the new
technology initiatives that have strengthened NET's leadership
position in multi-service and secure voice networking solutions. He
and his team have generated a substantial portion of our revenue in
recent years, and we are very appreciative of these contributions,"
said C. Nicholas Keating, Jr., President and CEO.
"We are delighted to have Jim Fitzpatrick joining the company
and believe his significant experience dealing with defense,
intelligence, and civilian agencies of the Federal Government will
enable him to work closely with our customers and provide
leadership as we pursue our Unified Communications strategy for our
current and new government customers," Keating added.
About Network Equipment Technologies, Inc.
Network Equipment Technologies, Inc. (NET) provides network and
VoIP solutions to enterprises and government agencies that seek to
reduce the cost to deploy next generation unified and secure
communications applications. For a quarter of a century, NET has
delivered solutions for multi-service networks requiring high
degrees of versatility, security and performance. Today, the
company's broad family of products enables interoperability and
integration with existing networks for migration to secure IP-based
communications. Broadening NET's voice solutions, Quintum
Technologies, now a part of NET, is a VoIP innovator whose
applications bring the reliability and clarity of public telephone
networks to Internet telephony and unified communications. NET is
headquartered in Fremont, CA and has 14 offices worldwide including
the US, the UK, France, the Middle East, China, Japan, Australia,
and Latin America. The company sells its solutions through a direct
sales force and an international network of resellers and
distributors. For more information, visit www.net.com.
Contact: Leigh Salvo Email Contact (510) 647-8870
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