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Share Name | Share Symbol | Market | Type |
---|---|---|---|
EXFO Inc | NASDAQ:EXFO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.245 | 6.24 | 6.26 | 0 | 01:00:00 |
QUEBEC CITY, Feb. 1, 2013 /PRNewswire/ - EXFO Inc. (NASDAQ: EXFO; TSX: EXF) announced today the appointment of Randy Tornes to its Board of Directors.
Mr. Tornes, who has nearly 30 years of experience in the telecommunications industry, has held a number of senior management positions with leading network equipment manufacturers such as Juniper Networks, Ericsson and Nortel Networks.
Mr. Tornes is currently Head of Sales, AT&T at Juniper Networks and previously spent more than two years at Ericsson, also working with AT&T. He spent most of his career at Nortel Networks, culminating with the position of Vice-President of Sales, GSM Americas. Mr. Tornes also served as member of the Board of Governors at 3G Americas LLC. The appointment of Mr. Tornes raises the number of people on EXFO's Board of Directors to five, including four independent members.
"Mr. Tornes brings a deep understanding of market, technologies and trends in the highly strategic wireless industry, along with a wealth of business relationships and first-hand knowledge of the best ways EXFO can accelerate its growth with tier-1 wireless operators as they transition from 3G to 4G/LTE networks," explained Germain Lamonde, EXFO's Chairman, President and CEO. "Consequently, I look forward to the strategic insight and business acumen he will provide to our Board as we continue to increase our presence in the global telecom test and service assurance industry."
"I am delighted to join the Board of a dynamic company like EXFO that has a history of outgrowing the telecom market year-in and year-out," Randy Tornes said. "I view my role as a sounding board in helping EXFO map out global strategy and make rational business decisions, especially as it rapidly expands its wireless footprint."
Mr. Tornes holds a bachelor's degree in Business from the University of Colorado at Colorado Springs.
About EXFO
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the leading
providers of next-generation test and service assurance solutions for
wireline and wireless network operators and equipment manufacturers in
the global telecommunications industry. The company offers innovative
solutions for the development, installation, management and maintenance
of converged, IP fixed and mobile networks—from the core to the edge.
Key technologies supported include 3G, 4G/LTE, IMS, Ethernet, OTN,
FTTx, VDSL2, ADSL2+ and various optical technologies accounting for
more than 35% of the portable fiber-optic test market. EXFO has a staff
of approximately 1700 people in 25 countries, supporting more than 2000
customers worldwide. For more information, visit www.EXFO.com.
SOURCE EXFO INC.
Copyright 2013 PR Newswire
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