Applied Innovation Announces Realignment of Management Responsibilities
09 November 2005 - 10:00PM
PR Newswire (US)
DUBLIN, Ohio, Nov. 9 /PRNewswire-FirstCall/ -- Applied Innovation
Inc. (NASDAQ:AINN) today announced two management promotions,
effective immediately. Jack Petro, previously the Vice President of
Engineering is now the Chief Technology Officer. The Company's
Marketing organization will be led by Angela Pinette, now the Vice
President of Sales and Marketing. Mr. Petro joined Applied
Innovation in May 2002 as Vice President of Engineering. He has
more than 20 years of experience designing and developing hardware
and software solutions for the telecommunications industry. Before
joining Applied Innovation, Mr. Petro was Vice President of
Engineering and Technology with Bonita Software where he was
involved in the development of wireless data communications
products. Prior to that, Mr. Petro had similar management
responsibilities at ReadyCom, where he directed the design and
development of their gateway for the delivery of multi-media
content to wireless devices. Mr. Petro also held engineering
management positions with Fujitsu Network Systems and Bell Northern
Research/Northern Telecom. Angela Pinette joined Applied Innovation
in October 2004 as Vice President of Sales. Prior to joining
Applied Innovation, Ms. Pinette was Vice President of Sales for the
Americas Region at ADC Corporation. She worked with large wireless
carriers in the U.S., Canada and South America with
responsibilities for pre-sales, sales, marketing and customer
service efforts for the network management software division with a
focus on performance management and service quality. Before that,
Ms. Pinette held various management positions in sales and
marketing at Lucent positioning diverse networking equipment to
major telecommunications carriers. Throughout her sales and
marketing career, Ms. Pinette has been successful positioning new
technology solutions, including VoIP and softswitch, ATM and MPLS
infrastructure to the Regional Bell Operating Companies, and
infrastructure buildouts and quality of service software to
wireless carriers. She began her career at Bell Laboratories as an
optical networks hardware and firmware developer and also served a
variety of roles at AT&T. Bill Largent, Chief Executive
Officer, commented "Jack will invest more effort researching new
product and service ideas within the communications marketplace.
This will include more direct contact with current and potential
customers to enhance the Company's visibility concerning the
product needs of our customers who are actively involved in the
convergence of data, voice and video within the markets we serve."
Mr. Largent continued, "We are committed to expanding our presence
in the communications marketplace and will be aggressively pursuing
initiatives to increase the Company's sales. Under Angela's
leadership, we will be more actively involved from a development,
production and sales channel perspective. Additions will be made to
our Sales and Marketing team to accelerate achievement of these
objectives." About Applied Innovation Applied Innovation is a
network management solutions company that simplifies and enhances
the operation of complex, distributed voice and data networks.
Building on a deep knowledge of network architecture, elements and
management, Applied Innovation delivers unique hardware, software
and service solutions that provide greater connectivity, visibility
and control of network elements and the systems that support them.
Applied Innovation, headquartered in Dublin, Ohio, is traded on
NASDAQ under the symbol AINN. For more information, please visit
the Company's Web site at http://www.appliedinnovation.com/. Safe
Harbor Statement This press release contains certain
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which are intended to
be covered by the safe harbors created thereby. Those statements
include, but are not limited to, all statements regarding intent,
beliefs, expectations, projections, forecasts and plans of the
Company and its management. These forward-looking statements
involve numerous risks and uncertainties, including, without
limitation: the demand for telecommunication equipment generally
and in particular for the equipment and services offered by the
Company; the Company's ability to generate sales orders during 2005
and thereafter; that the anticipated demand for the products and
services offered by the Company may decrease as a result of the
economic and political climate in which the Company operates; the
acceptance of the Company's present products and services and its
ability to hire technical staff; the Company's ability to adapt to
technological changes; the availability of capital to support the
Company's business plans; and other risks and uncertainties
detailed from time to time in the Company's Securities and Exchange
Commission (SEC) filings, including the Company's Annual Report on
Form 10-K for the year ended December 31, 2004. One or more of
these factors have affected, and could in the future affect, the
Company's business and financial results in future periods and
could cause actual results to differ materially from plans and
projections. Therefore, there can be no assurances that the
forward-looking statements included in this press release will
prove to be accurate. In light of the significant uncertainties in
the forward-looking statements included herein, the inclusion of
such information should not be regarded as a representation by the
Company, or any other persons, that the objectives and plans of the
Company will be achieved. All forward-looking statements made in
this press release are based on information presently available to
the management of the Company. The Company assumes no obligation to
update any forward-looking statements. DATASOURCE: Applied
Innovation Inc. CONTACT: William H. Largent, Chief Executive
Officer of Applied Innovation Inc., +1-614-798-2000 Web site:
http://www.appliedinnovation.com/
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