FVC.COM V.P. of Worldwide Sales Alan J. McMillan Assumes New Role
SANTA CLARA, Calif., Oct. 26 /PRNewswire/ -- As part of its new business
focus on the telecommunications market, FVC.COM (Nasdaq: FVCX) has appointed
Alan J. McMillan to the role of Vice President of Business Development, Video
Services Business. Mr. McMillan will spearhead the development of
partnerships in the broadband carrier market with RBOCs, PTTs, CLECs, IXCs,
and ILECs.
This appointment follows FVC.COM's recent announcement of its Broadband
Video Services offering, which enables telecommunications carriers to deliver
integrated video services over their broadband networks.
Analysts estimate that the market for video services to the enterprise is
poised to grow from $6 billion in 1999 to over $20 billion by 2003. The
widespread deployment of fiber networks, combined with the advancements in
real-time video technology, has created the ideal environment for the
mainstream adoption of broadband video services. Real-time interactive video
applications can now expand from the 220,000 video room systems currently
installed to the more than 200 million networked PCs installed in enterprises
today.
"We're all hearing about the explosion of bandwidth. As
telecommunications carriers double their network capacity every 18-24 months,
they are seeing the potential to exploit this bandwidth by adding video
services to their existing voice and data offerings," explains Mr. McMillan.
"FVC.COM has been putting video over broadband private networks for years, and
is unmatched in its ability to put video over broadband carrier networks. I
am excited to lead FVC.COM's charge into this market."
"We are very fortunate to have an executive of Alan's caliber lead this
important effort," explains Rich Beyer, President and CEO of FVC.COM. "Alan's
leadership has been tremendous over the past four years, and I look forward to
his efforts having a significant impact on our burgeoning service provider
business."
Mr. McMillan has been Vice President of Worldwide Sales for FVC.COM since
1995. Under his leadership, the company's revenues have gone from $4M
annually to $40M over the past 12 months. Previously Mr. McMillan was a
Principal with Regis McKenna and Vice President of North American Sales at
Software Publishing. Mr. McMillan was a Sloan fellow at M.I.T., where he
received an MS in Management Science.
About FVC.COM
FVC.COM (Nasdaq: FVCX), the world leader in broadband video networking,
designs, manufactures and supports a wide family of products for real-time
interactive video, streamed video and broadband access. Designed for high-
quality video delivery integrated with voice and data, these products enable
applications such as video calls, video conferences, video mail, and
conference overflow and video events.
FVC.COM's OEM, distribution, and system integration partners include Bell
Atlantic Network Integration, British Telecommunications plc, Cisco Systems,
Inc., EDS, France Telecom, IBM, Lucent Technologies, NEC, Nortel Networks,
Telstra and other leading companies worldwide. Further information about the
company is available at http://www.fvc.com .
Cautionary Statement
Except for the historical information contained herein, this news release
contains forward-looking statements, including, without limitation, statements
containing the words, "believes," "anticipates," "expects" and words of
similar import. Such forward-looking statements have known and unknown risks,
uncertainties and other factors that may cause the actual results, performance
or achievements of FVC.COM, or industry results, to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking statements. Such factors include, among others:
FVC.COM's limited operating history and variability of operating results,
market acceptance of video technology, dependence on ATM backbone technology,
potential inability to maintain business relationships with distributors,
suppliers, telecommunications carriers, rapid technological changes,
competition in the video networking industry, the importance of attracting and
retaining personnel, management of FVC.COM's growth, consolidation and cost
pressures in the video networking industry, and other risk factors referenced
in FVC.COM's public filings with the Securities and Exchange Commission,
including the company's report on Form-10 K for the fiscal year ended
December 31, 1998.
SOURCE FVC.COM
 back to top
Related links:
http://www.fvc.com
CONTACT:
Elyse Phillips, Director of Corporate
Communications for FVC.COM, 408-567-7230, or e-mail,
ephillips@fvc.com
|
