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SI Silicon Metals Corp

0.045
0.005 (12.50%)
27 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silicon Metals Corp CSE:SI CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.005 12.50% 0.045 0.04 0.045 0.055 0.04 0.04 599,000 16:52:21

Siemens Enterprise Communications Names Hamid Akhavan as CEO

08/12/2009 3:52pm

PR Newswire (US)


Silicon Metals (CSE:SI)
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Deutsche Telekom Chief Operating Officer and Chairman of the Executive Operating Board to lead the enterprise communications powerhouse MUNICH, Dec. 8 /PRNewswire/ -- Siemens Enterprise Communications Group (SEN Group) today announced the appointment of Hamid Akhavan as Chief Executive Officer (CEO) of SEN Group, with full transition to the role by late February. Mark Stone, interim CEO over recent months will resume his duties as Executive Chairman and remain part of the Executive Board. Hamid Akhavan, 47, is a U.S. citizen and has intensive experience of the communications market spanning many years. He joins SEN Group from Deutsche Telekom where he serves as Chief Operating Officer and is responsible for mobile communications on the Board of Management of Deutsche Telekom since 2006, when he was appointed Chief Executive Officer of T-Mobile International AG. Prior to joining T-Mobile International he served as Chief Technical Officer and Chief Information Officer at Teligent Inc, an international broadband fixed and wireless access company, and held various positions at other technology companies. Joe Kaeser, Chief Financial Officer of Siemens AG commented, "Hamid Akhavan is the ideal person for appointment at SEN. He is a respected expert in this field and has outstanding managerial and entrepreneurial qualities, which he has demonstrated on numerous occasions. We are very pleased that he will be moving the positive development of the SEN business up to a new level." Mark Stone commented, "We are delighted that such a respected and influential industry figure as Hamid Akhavan has chosen to join SEN Group as CEO. His customer focus and deep understanding of the rapidly evolving communications industry with its challenges and opportunities will enable us to further cement our position as a global leader in enterprise communications." Commenting on his appointment, Akhavan said, "From a personal perspective, the opportunity to lead the ongoing success story of SEN Group, with its proud history of industry firsts, outstanding talent and leading market positions in many of its solutions and services is very exciting. We operate in a highly competitive market that is continually advancing and I am committed to building significant value for the customers, shareholders and employees of SEN Group." About Siemens Enterprise Communications Group (SEN Group) The SEN Group is a premier provider of end-to-end enterprise communications, including voice, network infrastructure and security solutions that use open, standards-based architectures to unify communications and business applications for a seamless collaboration experience. This award-winning "Open Communications" approach enables organizations to improve productivity and reduce costs through easy-to-deploy solutions that work within existing IT environments, delivering operational efficiencies. It is the foundation for the company's OpenPath® commitment that enables customers to mitigate risk and cost-effectively adopt unified communications. Jointly owned by The Gores Group and Siemens AG, SEN Group companies include Siemens Enterprise Communications, Cycos, and Enterasys Networks. For more information about the SEN Group or Enterasys please visit http://www.siemens-enterprise.com/ or http://www.enterasys.com/. Note: Siemens Enterprise Communications & Co K.G. is a trademark licensee of Siemens AG. HiPath, OpenOffice, OpenScape and OpenStage, are registered trademarks of Siemens Enterprise Communications & Co K.G. or its affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders. This release contains forward-looking statements based on beliefs of Siemens' management. The words "anticipate," "believe," "estimate," "forecast," "expect," "intend," "plan," "should," and "project" are used to identify forward-looking statements. Such statements reflect the company's current views with respect to future events and are subject to risks and uncertainties. Many factors could cause the actual results to be materially different, including, among others, changes in general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend or assume any obligation to update these forward-looking statements. DATASOURCE: Siemens Enterprise Communications Group CONTACT: Sally Harrison, Corporate Communications, +44(0)1908-855383, Web Site: http://www.siemens-enterprise.com/

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