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Founder steps down as Trimac Chairman to focus more on Qusion Technologies
March 5, 2002
NORTH BRUNSWICK, N.J. -- Fred Rappaport, founder of Qusion Technologies and Trimac Networks, today announced that he resigned as Chairman of Trimac Networks. The move comes as interest in Qusion's business on the part of customers and investors grows and as Qusion releases its initial product. "For the past several months Qusion has been time consuming," said Mr. Rappaport. "As Qusion continues to raise money, develop product and customer relationships it is clear to me I must focus my time." Qusion Technologies recently announced the development of its first product, the world's first wide-bandwidth electro-absorption modulator using Indium Phosphide. Trimac Networks is pursuing the development of 10 and 40 Gb/s transceivers with up to ten components in a single module. Mr. Rappaport founded Qusion Technologies in the fall of 1999 and Trimac Networks in the fall of 2001. The decision is effective immediately. Trimac Networks Inc.Qusion Technologies Inc.
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