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FORCE10 NETWORKS NAMES FORMER MCI PRESIDENT RICK ROSCITT TO ITS BOARD OF DIRECTORS
MILPITAS, Calif., March 6, 2006 — Force10 Networks® today announced that Rick Roscitt, a technology industry leader with more than 30 years of management experience, including tenure as president and chief operating officer of MCI, has been appointed to the company’s board of directors. Mr. Roscitt brings a deep understanding of the networking and telecommunications services industries, having also served in senior executive positions for AT&T and ADC.
“Rick Roscitt has a well established history of leading prominent technology firms while emphasizing product innovation and effective cost management,” said Marc Randall, CEO and president of Force10 Networks. “Rick’s track record of operational excellence makes him an ideal choice for Force10.”
As president and chief operating officer of MCI from 2003 to 2004, Mr. Roscitt helped lead the company out of bankruptcy and reestablished it as a telecommunications leader with positive cash flow. Prior to MCI, Mr. Roscitt was chairman and CEO of ADC Broadband, where he implemented an aggressive cost reduction effort along with a complete product portfolio overhaul that returned the business to profitability. Earlier, he was the president of AT&T Business Services, the company’s largest and most profitable unit with 30,000 employees and annual revenue of more than $31 billion. Mr. Roscitt was also a founding partner, president and CEO of AT&T Solutions, which focuses on delivering professional services to global enterprises.
“Force10 has a history of innovation and technological leadership as evidenced by one of the industry’s premier product and customer portfolios,” Mr. Roscitt said. “Working with a board and management team that has the enthusiasm, focus and drive to build a truly great networking company is a unique opportunity.”
Mr. Roscitt currently serves on the board of trustees of Stevens Institute of Technology. He is also the non-executive chairman of both CVT Prepaid Solutions and Sapien Software, as well as a partner of Core Value Partner Investments. He holds a bachelor of engineering degree from Stevens Institute of Technology and an MBA from the Sloan School of Management at MIT.
Contact:
Peter Ruzicka
Force10 Networks Inc.
408-965-5151
pruzicka@force10networks.com
Contact:
Jennifer Arculeo
Force10 Networks Inc.
408-965-5194
jarculeo@force10networks.com
About Force10 Networks
Force10 Networks is the pioneer in building and securing high performance networks. Based on a revolutionary system architecture that delivers best-in-class resiliency and massive scalability, Force10’s TeraScale E-Series switch/routers ensure predictable application performance, increase network availability, and reduce operating costs. Today, many of the world’s largest Gigabit Ethernet and 10 Gigabit Ethernet networks depend on Force10 Networks. For additional information, please visit www.force10networks.com.
Force10 Networks and E-Series are registered trademarks, and P-Series, S-Series, TeraScale and FTOS are trademarks of Force10 Networks, Inc. All other company names are trademarks of their respective holders.