DASAN Zhone Solutions Announces New Finance and Investor Relations Addition
January 29 2018 - 2:00PM
Business Wire
DASAN Zhone Solutions, Inc. (NASDAQ: DZSI), a global leader in
network access solutions, announced the hiring of Pei Hung to the
newly created position of Vice President, Finance and Investor
Relations. Ms. Hung brings more than 12 years of deep finance
experience across investment banking, capital markets structuring
and credit investing.
“As we move into 2018, we’ve expanded key areas of the business
and continue to invest in building a world-class executive team
with an important step being the recent appointment of Michael
Golomb as our CFO,” said Yung Kim, CEO, DASAN Zhone Solutions. “Ms.
Hung will use her unique combination of engineering and technology
advisory experience to ensure that we make the right investments to
scale profitably. In her investor outreach role, Ms. Hung will
be communicating our successes to the investor community.”
Prior to DASAN Zhone Solutions, Ms. Hung was most recently
Executive Director in the Technology group at UBS Investment
Bank. While at UBS, she advised public and private technology
companies, including high growth TMT and SaaS companies, on equity
offerings (IPOs and follow-ons), debt financings (balance sheet
restructurings and recapitalizations), and mergers and
acquisitions. Prior to UBS, Ms. Hung was a credit investor
with MetLife Investments and Columbus Nova Partners, where she
evaluated and underwrote debt transactions. Ms. Hung has a
bachelor’s degree in Mechanical Engineering from Caltech and an MBA
from the Wharton School at the University of Pennsylvania.
About DASAN Zhone Solutions, Inc.
DASAN Zhone Solutions, Inc. (NASDAQ: DZSI) is a global leader in
network access solutions for service provider and enterprise
networks. The company provides a wide array of reliable,
cost-effective networking technologies—including broadband access,
Ethernet switching, Passive Optical LAN, and software-defined
networks—to a diverse customer base that includes more than 1,000
of the world’s most innovative network operators. DASAN Zhone
Solutions is headquartered in Oakland, California, with operations
in more than 50 countries worldwide.
Forward-Looking Statements
This press release contains forward-looking statements,
including statements regarding future events or our future results
that are subject to the safe harbors created under the Securities
Act of 1933 and the Securities Exchange Act of 1934. These
statements are based on current expectations, estimates, forecasts,
and projections about the industries in which we operate and the
beliefs and assumptions of our management. We use words such as
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,”
“target,” “will,” “would,” variations of such words, and similar
expressions to identify forward-looking statements. In addition,
statements that refer to anticipated performance of products or
services; plans, objectives and strategies for future operations;
and other characterizations of future events or circumstances, are
forward-looking statements. Readers are cautioned that actual
results may differ materially and adversely from those expressed in
any forward-looking statements. Factors that might cause such a
difference include, but are not limited to, our ability to generate
sufficient revenue to achieve or sustain profitability; our ability
to raise additional capital to fund existing and future operations
or to refinance or repay our existing indebtedness; defects or
other performance problems in our products; commercial acceptance
of our products and services; our ability to successfully develop,
introduce and sell new technologies, products and services; changes
in the global business environment and economic conditions; changes
in relationships with, or the financial condition of, key customers
or suppliers; intense competition in the communications equipment
market from large equipment companies as well as private companies
with products that address the same networks needs as our products;
higher than anticipated expenses that we may incur; and other risk
factors contained in our SEC filings available at www.sec.gov,
including our Forms 10-K, 10-Q and 8-K. Readers are cautioned not
to place undue reliance upon any forward-looking statements. The
forward-looking statements contained in this press release speak
only as of the date of this release and we undertake no obligation
to revise or update any forward-looking statements for any
reason.
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version on businesswire.com: http://www.businesswire.com/news/home/20180129005967/en/
Portavoce PR for DASAN Zhone Solutions Public RelationsDesirae
MacGillivray, +1 760-814-8194 Ext.
2desirae.macgillivray@portavocepr.comorDASAN Zhone Solutions
Investor RelationsTel: +1 510-777-7013Fax: +1
510-777-7001investor-relations@dasanzhone.com
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