ARRIS Announces New Organization Structure Post C-COR Acquisition
December 17 2007 - 9:00AM
PR Newswire (US)
Bruce McClelland to lead Broadband Communications, John Caezza to
lead Access, Transport and Supplies, Bryant Isaacs to lead Media
and Communications Systems SUWANEE, Ga., Dec. 17
/PRNewswire-FirstCall/ -- ARRIS (NASDAQ:ARRS) today announced the
organization structure of its leadership team after the successful
close of the C-COR acquisition. In addition to the existing staff
organizations, the Company will now be organized into three product
focused organizations: -- Broadband Communications Group will
include all DOCSIS based head-end and customer premises products.
This group will include ARRIS industry leading CMTS, Universal
EdgeQAM and Touchstone CPE products. By closely aligning DOCSIS
head-end and customer premises products, the Company can make the
most efficient use of its highly experienced DOCSIS engineering
team and continue to develop industry-leading new products. This
group will be led by Bruce McClelland, previously ARRIS VP & GM
CPE Products, who is promoted to President, Broadband
Communications. -- Access, Transport, and Supplies Group will
incorporate the current C COR Access and Transport business and the
current ARRIS Telewire Supply business. These two businesses share
many common customers, utilize common selling strategies, and carry
a number of related products. Combining Access and Transport and
Telewire Supply allows the Company to most effectively address
their common markets with best in class products from each area.
This group will be led by John Caezza, previously C-COR President
Broadband Systems Solutions, who will assume the title of
President, Access Transport & Supplies. -- Media and
Communications Systems Group will include the C-COR OSS Software
and On Demand businesses, as well as the ARRIS Fixed Mobile
Convergence products. Combining these businesses will enable the
Company to realize the vision of a unified set of offerings
operating on a shared platform. This group will be led by Bryant
Isaacs, previously ARRIS President, New Business Ventures, who now
becomes President, Media & Communications Systems. Supporting
these three product groups will be a sales and marketing
organization which combines the teams of both ARRIS and C-COR. This
group will be led by Ron Coppock, ARRIS President, Worldwide Sales,
and will be organized around three geographies: -- Americas --
Europe, Middle East, & Africa (EMEA) -- Asia Pacific (APAC) Jim
Lakin, previously President ARRIS Broadband Products, becomes
President Advanced Technology and Services, a new organization
created to coordinate areas of major synergy among the product
groups. This group will provide guidance for long-range planning,
particularly for products and solutions that cross product group
lines, coordinate supply chain functions, and pursue new technical
service revenue opportunities. Rounding out the new organization
reporting to Chairman and CEO, Bob Stanzione, are Larry Margolis,
Executive Vice President Strategy & General Counsel and David
Potts, Executive Vice President and Chief Financial Officer who
continue in their same responsibilities. "I am very pleased to
announce the organization structure of a powerful new company that
is unique in its strengths and talents. Demonstrated
accomplishments by this team in bringing new voice, data and video
solutions to our customers provide a solid platform for our future
growth," said Bob Stanzione, ARRIS Chairman and CEO. About ARRIS
ARRIS is a global communications technology company specializing in
the design, engineering and supply of technology supporting triple-
and quad-play broadband services for residential and business
customers around the world. The company supplies broadband
operators with the tools and platforms they need to deliver
reliable telephony, demand driven video, next-generation
advertising and high-speed data services. ARRIS products expand and
help grow network capacity with access and outside plant
construction equipment, reliably deliver voice, video and data
services and assure optimal service delivery for end customers.
Headquartered in Suwanee, Georgia, USA, ARRIS has R&D centers
in Atlanta, Chicago, Beaverton, Wallingford, State College, Ireland
and China, and operates support and sales offices throughout the
world. Information about ARRIS products and services can be found
at http://www.arrisi.com/ . Forward-looking statements: Statements
made in this press release, including those related to prospects
for ARRIS following the completion of the C-COR acquisition, the
general market outlook and the outlook for industry trends are
forward-looking statements. These statements involve risks and
uncertainties that may cause actual results to differ materially
from those set forth in these statements. Among other things: --
because the market in which ARRIS operates is volatile, actions
taken and contemplated may not achieve the desired impact relative
to changing market condition and the success of these strategies
will be dependent on the effective implementation of those plans
while minimizing organizational disruption; and -- acquisitions
involve a number of risks including customer and vendor acceptance,
the possibilities of complications and personnel loss as part of
the integration process, and the ultimate achievement of the
strategic objectives. In addition to the factors set forth
elsewhere in this release, other factors that could cause results
to differ from current expectations include: the impact of rapidly
changing technologies; the impact of competition on product
development and pricing; the ability of ARRIS to react to changes
in general industry and market conditions including regulatory
developments; rights to intellectual property, market trends and
the adoption of industry standards; and consolidations within the
telecommunications industry of both the customer and supplier base.
These factors are not intended to be an all- encompassing list of
risks and uncertainties that may affect the Company's business.
Additional information regarding these and other factors can be
found in ARRIS' reports filed with the Securities and Exchange
Commission, including its Form 10-Q for the quarter ended September
30, 2007. In providing forward-looking statements, the Company
expressly disclaims any obligation to update publicly or otherwise
these statements, whether as a result of new information, future
events or otherwise. DATASOURCE: ARRIS CONTACT: Alex Swan of ARRIS
Media Relations, +1-678-473-8327, +1-404-307-5485 Mobile, , or Jim
Bauer of ARRIS Investor Relations, +1-678-473-2647, Web site:
http://www.arrisi.com/
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