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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: |
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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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