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Home > Press Releases > 2006

Press Release

Cantata Technology Appoints Paul F. Brauneis to Chief Financial Officer

Accomplished Industry Executive Brings Both Public and Private Company Experience to Further Enhance Management Team

NEEDHAM, Mass., May 30, 2006 -- Cantata Technology™, the world’s leading independent provider of enabling communications technology, announced today the appointment of Paul F. Brauneis to the position of executive vice president -- finance and administration, chief financial officer, and treasurer. Effective immediately, Mr. Brauneis will lead all of Cantata’s finance, administration, legal and IT operations as it expands its worldwide presence in carrier and enterprise markets.

Cantata Technology was established in 2006 through the combination of Excel Switching Corporation and Brooktrout Technology®. Bruce Albelda, former CFO of Cantata, will assume a new senior executive role addressing the Company’s strategic needs and growth opportunities.

Mr. Brauneis joins Cantata with a two-decade record of achievement and broad-based financial experience in the telecommunications, software, Internet services and IT services industries. Prior to joining Cantata, Mr. Brauneis served as senior vice president finance and administration and chief financial officer for Avici Systems (NASDAQ: AVCI), a leading provider of purpose-built carrier-class routing solutions for the Internet.

Mr. Brauneis has previously held the CFO position at Spinnaker Software and VP-level finance positions at Wang Global, BBN Corporation, and M/A-Com, Inc. Brauneis began his career at PriceWaterhouse, where he spent more than a decade in senior-level auditing positions.

“Paul is a highly respected financial professional in the communications industry who brings great knowledge and experience that will contribute to all phases of building Cantata’s business,” said Marc Zionts, chief executive officer, Cantata Technology. “We have ambitious goals for Cantata, and I am confident that Paul will play a major role in driving the fulfillment of these objectives. We are grateful to Bruce Albelda for the job he has done and look to him to continue to be an important part of our management team.”

Mr. Brauneis commented, “Cantata is one of the most promising and exciting high-growth companies in today’s communications and convergence market. Cantata is well positioned to seize significant global market share and continued visibility as the world’s carriers and enterprises deploy its broad array of products and services to rapidly transition to IP. I am truly excited to assume the CFO position at Cantata, and to play a major role in realizing the company’s market potential in the days ahead."

Mr. Brauneis is an honors graduate of Boston College, and also served in the U.S. Army, where he was awarded the Bronze Star, Purple Heart, and Air Medal.

About Cantata Technology
Cantata Technology, established in 2006 through the combination of Brooktrout Technology and Excel Switching Corporation, provides enabling communications hardware and software that empowers the creation and delivery of anytime, anywhere IP-based communications applications. Leveraging more than 20 years of experience, Cantata offers the broadest range of products, along with a worldwide network of partners that allows service provider and enterprise customers to develop new products, introduce new services and cost-effectively transition networks to IP. Headquartered in Needham, Mass., Cantata maintains multiple locations worldwide in North America, Asia and Europe. For more information, visit http://www.cantata.com.

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Cantata, Cantata Technology, Brooktrout Technology and the stylized logo with and without the term Cantata Technology are trademarks or registered trademarks of EAS Group, Inc., the parent company of Cantata Technology, Inc., or its subsidiaries. All other trademarks mentioned in the above text are the property of their respective owners.

NOTE TO EDITORS: Photographs of Mr. Brauneis are available upon request.

Press Contacts:

 

North America

International

Cantata Technology
Geoff Spillane
Director, Corporate Communications
508-862-3091
gspillane@cantata.com

Michelle Liro
Sr. Manager, Corporate Communications
781-433-9525
mliro@cantata.com

Lida Joly
+32 2 658-5190
lida@cantata.com

 

 

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