Contact Information: Contact: Carol Daniels MetaSwitch +1 (510) 589-5074 chd@metaswitch.com Richard M. Williams Connect2 Communications for MetaSwitch +1 (919) 554 3532 rmwilliams@connect2comm.com
MetaSwitch Appoints Chief Financial Officer
Stephen Halstead Strengthens Executive Team's Financial and Operational Expertise
| Source: MetaSwitch
ENFIELD, UK--(Marketwire - August 18, 2009) - MetaSwitch, a leading provider of carrier VoIP
systems and software solutions, today announced that it has appointed
Stephen Halstead as Chief Financial Officer.
Mr. Halstead brings 19 years of operational and financial experience, the
last 10 of which he has spent in telecommunications in both public and
privately-held companies. Most recently, as co-founder of Heart Telecom
Ltd, he established one of the UK's most innovative B2B service providers.
There he built on his prior experience as director of operations and
finance at Toucan Telecom where he played a key role in the company's
acquisition by Pipex, having made a major contribution to building the
company from start-up to over £50 million annual turnover in four years.
Previously Stephen was the CFO of Host Europe Plc, an AIM-listed internet
hosting company, which survived the dotcom boom and bust to become the UK's
leading SME web hosting provider.
Commenting on the significance of the appointment for MetaSwitch, John
Lazar, chief executive officer, said: "We are at a phase in our
organizational growth where the experience of a seasoned CFO is critical
for our future success. I see in Stephen the right combination of business
and financial acumen, together with a deep understanding of our industry,
that will enable us to execute on our business plan."
"MetaSwitch's record of continuous growth and consistent profitability over
the last 28 years has been truly astounding," commented Mr. Halstead. "I am
proud to be joining such an accomplished team and look forward to making a
positive impact on the company's operations."
Mr. Halstead qualified as a Chartered Accountant while at Coopers & Lybrand
(now PricewaterhouseCoopers), and holds a degree in Engineering from the
University of Cambridge.
About MetaSwitch
MetaSwitch is a leading provider of carrier systems and software solutions
that are powering the migration of communications networks to open,
packet-based architectures. Hundreds of network operators worldwide depend
on its Carrier Systems Division for reliable, scalable session control,
media gateway and application/feature server solutions to enable compelling
revenue-generating services. Its Network Protocols Division, marketed under
the Data Connection brand (www.dataconnection.com), develops high
performance, portable software components that are integrated into the
products of the world's leading communications equipment manufacturers. For
more information, please visit www.metaswitch.com.
Copyright © 2009 MetaSwitch. "MetaSwitch" is a registered trademark.
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trademarks of their respective holders.