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LR Names Leading Lights

NEW YORK -- Light Reading (www.lightreading.com), the world's leading online publication for the telecom industry, today announced the winners of its Leading Lights Awards, recognizing companies and their executives for their outstanding achievements in the telecom industry.

Light Reading received more than 300 awards nominations for the third annual Leading Lights Awards. The winners survived three months of scrutiny and debate by a staff of more than 20 editors and analysts from Light Reading and its leading market-research division, Heavy Reading.

The winners are listed below by category:

Best Leadership (Public Company): This award was intended for the CEO or senior executive who has demonstrated the greatest qualities of leadership, technological vision, and financial acumen when guiding his/her public company. Unfortunately, we couldn't find somebody who stepped up to fit the bill.

    The Winner: No award given in 2006

Best Leadership (Private Company): This award went to the CEO or senior executive who has demonstrated the greatest qualities of leadership, technological vision, and financial acumen when guiding his/her private company or startup.

    The Winner: Kevin Sheehan, CEO, Hatteras Networks

Best New Product (Public Company): This award went to the public company that has developed a market-leading product that, through engineering and technical excellence, best enables the deployment of profitable next-generation telecommunications services.

    The Winner: Juniper Networks' MX960

Best New Product (Private Company): This award went to the private company that has developed a market-leading product that, through engineering and technical excellence, best enables the deployment of profitable next-generation telecommunications services.

    The Winner: 2Wire's HomePortal iNID

Best Investment Potential (Public Company): This award went to the public company that represents the best long-term potential return on investment by virtue of solid management, product development, and market growth potential.

    The Winner: Verizon Communications

Top IPO Candidate (Private Company): This award went to the private company that most clearly has the management, products, and financial stability to launch a successful IPO on its own terms within the next 12 months.

    The Winner: Cedar Point Communications

Best M&A Strategy (Public Company): This award went to the public company that has consistently demonstrated good timing, judgment, and execution in high-profile acquisitions.

    The Winner: Level 3 Communications

Best New Service (Public Company): This award went to the public service provider or carrier that has most successfully deployed a market-leading, revenue-generating service based on next-generation telecommunications technology.

    The Winner: AT&T's U-verse

Best New Service (Private Company): This award went to the private service provider or carrier that has most successfully deployed a market-leading, revenue-generating service based on next-generation telecommunications technology.

    The Winner: Yipes Enterprise Services' FinancialConnect!

Best Marketing (Public Company): This award went to the public company that has best communicated a specific technology vision and/or business proposition to customers and investors, especially in cases where the company has defined and led the market.

    The Winner: Cisco Systems

Best Marketing (Private Company): This award went to the private company that has best communicated a specific technology vision and/or business proposition to customers and investors, especially in cases where the company has defined and led the market.

    The Winner: Strix Systems

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Contact:
Scott Raynovich
Editor in Chief, Light Reading
[email protected]
(212) 925-0020 x103


About Light Reading
Light Reading Inc., a wholly owned subsidiary of CMP Media, is a B-to-B network information provider. Light Reading publishes www.lightreading.com, the leading global content site for the telecom industry; www.byteandswitch, a storage networking site; and www.unstrung.com, dedicated to wireless networking. Light Reading is also affiliated with www.heavyreading.com, a market research site for quantitative analysis of telecom technology to carriers, service providers, and vendors.

About CMP Technology
Through its market-leading portfolio of trusted information brands in the technology, healthcare, and lifestyles industries, CMP Technology has earned the confidence of more professionals and enthusiasts in these fields than any other media company. As a result, CMP is the premier provider of access, insight, and actionable programs designed to connect sellers and buyers in each of these industries in ways that yield superior return on investment.

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