The new Adaptix management team, led by President and CEO Mike Pisterzi was announced today

April 10, 2006

3 Min Read

DALLAS -- The new ADAPTIX management team, led by President and CEO Mike Pisterzi, uses its broadband network development experience to propel ADAPTIX to the forefront of the wireless broadband industry. Capitalizing on ADAPTIX's deep experience in building mobile broadband wireless systems, the management team has tapped into the potential of combining wireless broadband access (initially Mobile WiMAX) with broad-based subscriber mobility.

"In order to optimize and scale ADAPTIX to take advantage of the massive opportunity in the wireless broadband space, we've assembled a multi-national executive team with global experience that has done it before," said ADAPTIX President and CEO Mike Pisterzi. "With this team, there was no learning curve and no hesitation, meaning we've been attacking the market opportunity from day one."

The team is led by Pisterzi, who, prior to joining ADAPTIX, served as the CEO for Transat Technologies Inc. He has also served as the CEO of Photuris Inc., a pioneer in the high-density optical switching market. Before Photuris, Pisterzi's first venture-backed effort was with AccessLan Communications, where, as CEO, he successfully led the company through acquisition by Advanced Fibre Communications Inc. (AFC), now part of Tellabs.

Joining Pisterzi on the quest to help carriers efficiently and cost-effectively maximize their spectrum investment and their subscribers' experiences are Timothy Montgomery, senior vice president and CFO; Byron Young, vice president of marketing and product management; Nicholas Thomas, vice president of global sales and service; and Hui Liu, chief technical advisor.

Prior to joining ADAPTIX, Montgomery served as the CFO at Photuris Inc. (acquired by Mahi Networks, now Meriton Networks). Before Photuris, he served as the CFO at AccessLan Communications Inc. Montgomery also has served as the Group CFO for the Systems Management Group at Sterling Software (acquired by Computer Associates).

Young served as the vice president of marketing for Transat Technologies. There, he led the company's strategic planning and product management functions. Prior to Transat, Young served as the vice president of product line management for AFC (now Tellabs), where he led AFC's entry into the fast-growing IPTV market with the Telliant IP access platform.

Prior to joining the ADAPTIX team, Thomas served as the vice president of international sales at Covaro Networks (acquired by ADVA Optical Networking). Before his work with Covaro, he held executive level sales and business development positions at Transat Technologies, NET, Raze Technologies and Ennovate Networks.

Prior to his work with ADAPTIX, Liu served as the chief scientist at Cwill Telecommunications Inc. and was one of the principal developers of the time division-synchronous code division multiple access (TD-SCDMA) technology. He founded Broadstorm Inc. in 2000 (which later became ADAPTIX) and was responsible for the architecture of the company's innovative orthogonal frequency division multiple access (OFDMA) mobile broadband solution.

"I'm delighted to be working with such a solid team that has the know-how and entrepreneurial spirit to catapult ADAPTIX to the top," Pisterzi said. "The team has made tremendous progress focusing on establishing a strong financial base that crystallizes the company's product and go-to-market strategy and capitalizes on the company's experience in developing OFDMA-based mobile broadband systems."

Adaptix Inc.

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