Xten (NASDAQ:XNWK)
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Xten Appoints Donovan Jones as VP of Marketing & Business
Development
SANTA CLARA, CA, June 9 /PRNewswire-FirstCall/ -- Xten Networks, Inc. (OTCBB:
XNWK), a provider of VoIP (Voice over Internet Protocol), Video over IP,
Instant Messaging (IM), and Presence SIP softphones, today announced the
appointment of Donovan Jones, MBA, as Vice President of Marketing & Business
Development. Donovan will lead Xten's sales, marketing and business development
efforts, including alliances and joint ventures.
"Donovan is a valued addition to the Xten team as he brings a good mix of
industry knowledge and leadership skills to the company," said Mark Bruk, chief
executive officer of Xten Networks. "His solid understanding of the
telecommunications industry coupled with his extensive marketing and business
development expertise will be invaluable as we develop market and technology
leading relationships, acquire new customers, launch new products and enter new
markets. We believe that Donovan will provide the expert insight and leadership
necessary to help us accomplish our objectives, and we welcome him to the
team."
Donovan comes to Xten from a boutique Investment Banking firm where he was
responsible for sourcing and executing transactions for mid-market private
companies. Prior to this, during eight years with TELUS Communications,
Canada's second largest Telecommunications company with over CDN$7 billion in
revenue and 24,000 employees, Donovan held positions of Director/COO Marketing
with P&L responsibility for a CDN$200 million business unit, Director Business
Development and Strategy and Senior Advisor Corporate Development, which had
him involved in the strategic planning process for businesses focused on
Telecommunications, Wireless, Application and Web Development, Hosting, Human
Resources, Supply Operations and Sales Efficiency. Additionally, Donovan was
involved in planning and executing a series of merger, acquisition and
divestiture activities in the Application Development and Data Network
Integration space, responsible for identifying targets, building the financial
and strategic justification, negotiating the transaction and overseeing the
integration and product alignment.
Previous to this Donovan has consulted on strategy, process improvement, human
resource strategy, and funding for several software and high technology
companies. Donovan holds a Masters in Business Administration from the
University of Calgary and an Economics degree from the University of Alberta.
About Xten Networks, Inc.
Xten Networks is a developer of award-winning, high-quality, carrier-grade VoIP
(Voice over IP) and Video over IP SIP softphones for service providers, cable
operators, Internet telephony service providers, IP PBX manufacturers and OEMs.
Xten's SIP softphones are available either pre-configured or as a software
development kit (SDK), and provide VoIP (Voice over IP), Video over IP, IM
(Instant Messaging), and Presence functionality. eyeBeam -- Xten's feature-rich
SIP Video over IP softphone with IM and Presence -- recently received both
Communications Solutions(R) Magazine's and INTERNET TELEPHONY(R) Magazine's
"Product of the Year" Award for 2004. Through deployments with leading service
providers, Xten technology is deployed in more than 5,400,000 IP endpoints
worldwide. For more information please visit http://www.xten.com/.
For more information on Xten, please contact Investor Relations - KCSA
Worldwide:
Todd Fromer
+1.212.896.1215
Michael Cimini
+1.212.896.1233
For more information on Xten products, please contact Media Relations:
Tiffany Zinck
+1.604.628.2127
DATASOURCE: Xten Networks Inc.
CONTACT: For more information on Xten, please contact Investor Relations
- KCSA Worldwide: Todd Fromer, (212) 896-1215, ; Michael
Cimini, (212) 896-1233, ; For more information on Xten
products, please contact Media Relations: Tiffany Zinck, (604) 628-2127,