Contact Information: Contact: Stephen Baumer Pandora Networks, Inc. +1 (408) 702-2200 http://www.pandoranetworks.com
Pandora Networks Strengthens Management Team in Preparation for Rapid Growth
Arthur Chang Brings Over 15 Years of Senior Level Experience as New Chief Executive Officer
| Source: Pandora Networks, Inc.
SUNNYVALE, CA--(Marketwire - June 27, 2007) - Pandora Networks (www.pandoranetworks.com), a
provider of hosted unified communications services for businesses, today
announced the appointment of Arthur Chang as CEO. Mr. Chang replaces
Pandora Networks co-founder Walter Snell, who remains with the company as
CTO.
"Artie's deep understanding of not only the business issues but also the
technical ones made him the obvious choice for Pandora," said Mr. Snell.
"We are all eager to benefit from his expertise as we focus on rapidly
growing our customer base."
A veteran senior level executive with over 15 years experience leading tech
firms through aggressive expansion phases, Mr. Chang assumes the new
leadership role effectively immediately. He will oversee Pandora's growth
mission to become the leading provider of hosted IP communications
solutions for the SMB market.
"We are pleased to have Artie on the team as the company's new CEO," said
Pandora Networks board member Andre Turenne. "Between Artie's extensive
technology background and his solid leadership experience, Pandora is
strongly positioned to continue its accelerating success."
Prior to his appointment as CEO, Mr. Chang served as President and CEO of
Cradle Technologies. During the past two decades, Mr. Chang also served as
part of the senior management teams at several Silicon Valley-based
technology companies including Solopoint.com, Inc., Wyse Technology and
Parallan Computer, Inc. He started his career at Bell Laboratories in
Illinois. Mr. Chang holds a master's degree in electrical engineering and
computer science from UC Berkeley and an executive MBA from Stanford
University.
"I am excited to be part of Pandora Networks with its impressive product
portfolio, tremendous growth potential, and solid financial backing," said
Mr. Chang. "The company is bringing together an impressive team with an
unwavering entrepreneurial spirit to create innovative products for
customers."
About Pandora Networks
Pandora Networks is a leading provider of hosted unified communications
services for the small and mid-sized business. The Company's Worksmart
solution integrates voice and IP calling, switchboard and call-distribution
services, instant messaging and conferencing, with options for advanced
collaboration and call center support. Pandora's service-based, hosted
on-demand delivery keeps capital investment low and aligns operating
expense to business value. Worksmart services are co-branded and re-sold
exclusively through service providers, distributors and resellers. The
Company is privately held with headquarters in Sunnyvale, California. For
more information, visit http://www.pandoranetworks.com or call +1 (408)
702-2200.