Intelligent Compression Technologies Inc. (ICT) has added three key executives to its management team to support company growth and development as it capitalizes on the demand for its AcceleNet(R) WAN acceleration products. The new appointees, Vijey Sarathy, chief financial officer; John Wright, senior director of support; and Laura Whitcher, director of marketing, will work closely with ICT president Michael Slygh. ICT provides network optimization for enterprise and service provider wide area networks.
QUINCY, Mass. (Business Wire EON) April 9, 2008 --
Intelligent Compression Technologies Inc. (ICT) has added three key
executives to its management team to support company growth and
development as it capitalizes on the demand for its AcceleNet®
WAN acceleration products. The new appointees, Vijey Sarathy, chief
financial officer; John Wright, senior director of support; and Laura
Whitcher, director of marketing, will work closely with ICT president
Michael Slygh. ICT provides network optimization for enterprise and
service provider wide area networks.
ICT, a subsidiary of ViaSat Inc. (NASDAQ:VSAT), developed AcceleNet®
WAN optimization and application acceleration client software to
speed the application and file-sharing experience of remote and mobile
workers. Already deployed with more than 2.5 million users, it boasts
one of the most comprehensive suites of WAN acceleration technology in
the industry – boosting performance by up to
50 times.
“The growing numbers of work-from-home and
traveling professionals are shifting the market demand from site-to-site
WAN optimization appliances to software clients for remote and mobile
users,” said Slygh. “Appliance
vendors without a mobile client are moving to capitalize on the
opportunity and the ICT AcceleNet client is fast becoming the product of
choice to strengthen their portfolios. These additions to our management
team ensure business success for our new OEM partners as well as
contributing to our direct sales channels and raising awareness of our
own brand across the globe.”
Vijey Sarathy is responsible for the company’s
financial statements and controller functions. He brings more than 20
years of financial management, accounting, and business development
experience from previous positions with HCL America, Gulf Computers,
Grasim, Videocon, Nestle, and Price Waterhouse.
John Wright will head up all pre- and post-sales technical operations.
He has more than 15 years experience building and managing support
organizations and delivering technical services to global enterprises.
Prior to ICT, he held senior customer service and system engineering
management positions at Bay Networks, Xylan/Alcatel, Springtide
Networks/Lucent Technologies, and Chantry Networks/Siemens.
Laura Whitcher is responsible for the company’s
marketing and public relations initiatives. Following an 18-year tenure
at Motorola, she held senior-level marketing positions at Vanguard
Managed Solutions and Applied Innovation Inc. Laura has proven
experience helping companies reposition their core messaging to align
with evolving business strategies and has managed partner marketing
relationships with AT&T, Cisco, Ingram Micro, Juniper Networks, and
Lucent.
“There has never been a better time at ICT,”
Slygh concluded. “We are honored to have the
solid leadership and unique skills that Vijey, John, and Laura bring to
our team. Our first priority is to build up our resources to facilitate
our product’s successful growth and we look
forward to helping our partners win in this expanding and competitive
marketplace.”
About ICT (www.accelenet.com)
Intelligent Compression Technologies Inc. (ICT), inventor of AcceleNet®,
develops innovative software to speed mission-critical applications,
Web, and e-mail to remote and mobile users. AcceleNet delivers
outstanding performance in the most extreme network conditions through a
combination of advanced data compressors, application accelerators, and
transport optimizers. The product includes a proprietary transport
protocol that adapts efficiently and automatically to accelerate data
over packet switched wireless networks, broadband satellite links, and
noisy WiFi or DSL connections. ICT holds several patents to safeguard
its leadership position among software client accelerators. The company
is a wholly-owned subsidiary of ViaSat Inc. and is based in Quincy,
Massachusetts.
ViaSat Inc. Safe Harbor Statement
Portions of this release, particularly statements about the performance
and deliveries of ViaSat/ICT products and technology, may contain
forward-looking statements regarding future events and are subject to
risks and uncertainties. ViaSat wishes to caution you that there are
some factors that could cause actual results to differ materially,
including but not limited to: contractual problems, product defects,
manufacturing issues or delays, regulatory issues, technologies not
being developed according to anticipated schedules, or that do not
perform according to expectations; and increased competition and other
factors affecting the telecommunications industry generally. The Company
refers you to the documents it files from time to time with the
Securities and Exchange Commission, specifically the section titled Risk
Factors in the Company's Form 10-K, which contain and identify other
important factors that could cause actual results to differ materially
from those contained in our projections or forward-looking statements.
Stockholders and other readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date on
which they are made. We undertake no obligation to update publicly or
revise any forward-looking statements.
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