ATLANTA, Feb. 28, 2008 (PRIME NEWSWIRE) -- Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that Christina (Chris) Brazdziunas, formerly the Company's Chief Architect, has been named Chief Technology Officer. Chris has previously held multiple senior engineering and product management roles developing applications and switching solutions in the wireless and VoIP domains. Over the past 5 years with Verso, Chris has been instrumental in the development of Verso's Vclear VoIP switching and application products. Previous to Verso, Chris held engineering management roles in Clarent Corporation, one of the pioneers of VoIP technology, and was a co-founder of a successful telecommunications and wireless communications solutions company, PEAK Software Solutions. Her career started as a research scientist at Bellcore, now Telcordia, with a focus on network technology (IP, ATM, SONET/SDH) and readiness assessment of those technologies for US carriers. Chris holds a MS degree in Information Networking from Carnegie Mellon University and a BS degree in Computer Engineering from the University of Illinois, Urbana campus.
"Chris has shown her ability to handle an enormous and complex workload across several products and business units," said Mark Dunaway, President and Chief Operating Officer for Verso. "Chris has continued to step up and get the job done and has provided management a clear voice regarding the technology of this company."
"I am very happy to see Verso further emphasize strategic technology investment as a way to achieve organic growth," said Chris Brazdziunas. "Verso's field proven product set spanning wireless backhaul, VoIP switching and applications, access devices, and service assurance set the groundwork for overcoming the challenges of next generation network roll-out that our customers require to become leaders in the industry. My objectives as Verso's CTO are not only to guide our businesses on product investment and positioning in the growing IP and wireless markets, particularly WiMAX, but also to communicate our product direction and value proposition to our potential customers."
About Verso Technologies
Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. For more information, contact Verso at www.verso.com or call 678.589.3500.
Forward-Looking Statements
Certain statements contained in this release that are not statements of historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words - "believe," "expect," "anticipate," "intend," "will," and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future financial position, timing of future orders, business strategy and expected cost savings. These forward-looking statements are based on our current beliefs, as well as assumptions we have made based upon information currently available to us. These forward-looking statements may be affected by the risks and uncertainties in our business and are qualified in their entirety by the cautionary statements and risk factor disclosure contained in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K for the year ended December 31, 2006 and our quarterly reports on Form 10-Q filed subsequent thereto. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements.