Ghez Who's Sheer's New CEO

SAN JOSE, Calif. -- Sheer Networks, a leading provider of award winning service management solutions for carrier networks and large enterprises, announced today the appointment of former Amdocs Executive, Klod Ghez, as CEO.

After the substantial growth of its customer base, with the additions of two large carriers in the Americas as well as world-class carriers: TelMex and KT, Sheer Networks steps up the pace. Klod Ghez’s appointment is aimed at leading and directing the company on its path towards market leadership, and towards becoming the industry's foremost service management platform solution provider.

Mr. Ghez, whose career includes senior level positions at preeminent computer and software companies, brings nearly 20 years of in-depth experience in business and technology development to Sheer Networks. Mr. Ghez most recently served as Vice President and Customer Business Executive for global accounts at Amdocs, where he was responsible for governing key customer accounts. Prior to his tenure at Amdocs, Mr. Ghez spent seven years at Computer Associates (CA) as a senior Vice President and General Manager of CA's interBiz Financials - CA's Financial Applications Business Unit.

In addition, Mr. Ghez served as General Manager, EMEA for Computer Associates interBiz financials unit. As CEO of Sheer Networks Mr. Ghez will be responsible for devising and implementing the vision and strategy for the global enterprise.

”We believe the appointment of an astute veteran like Klod Ghez will guide Sheer Networks to record growth and increasing global sales,” stated Ali Shadman, Partner - Communications, JK&B Capital. “We are experiencing increased demand for Sheer™ BOS service management applications from leading operators and enterprises worldwide. This is the right time for the company to carefully manage its global expansion. The addition of Klod Ghez will enhance Sheer’s positioning in gaining a market foothold and help facilitate growth in sales, marketing, executive management and field operations.”

“Sheer Networks’ rapid-fire advancement and solid technical capabilities fascinated me,” said Klod Ghez. “The company has reached the position where its vertical OSS solution approach has been favorably received and adopted by carrier class networks worldwide, who are realizing advanced operational efficiencies. I am extremely pleased by this opportunity to serve Sheer Networks, one of the fastest growing technology companies in the industry.”

Sheer Networks Inc.