PacketLight names Hezi Lapid as chairman of the board of directors, announces it will focus on the storage transport market

March 31, 2004

1 Min Read

KFAR-SABA, Israel -- PacketLight Networks, a developer of multi-service optical transport and access systems for the Metro, announced today that company activities will focus on the growing storage transport market. This announcement is accompanied by the appointment of Mr. Hezi Lapid as chairman of the board of directors.

PacketLight offers a range of products for storage over DWDM and SONET/SDH, using the latest GFP/VCAT and FC-BB standards. The company’s new product line offers high-speed storage services, such as Fibre Channel, FICON, and ESCON over large distances—without performance degradation—using SONET/SDH and DWDM.

“Carriers are now starting to offer large enterprise customers the storage services that address their needs for business continuity and disaster recovery. This means using their huge widely deployed installed base of SONET/SDH to allow cost effective offerings,” states Yaki Luzon, acting CEO and VP Marketing of PacketLight Networks. “PacketLight products will allow them to deliver that demand with higher density and better flexibility, based on GFP and FC-BB standards.”

Mr. Hezi Lapid, newly appointed chairman of the board, brings to PacketLight over 25 years of experience. As one of the pioneers of SDH development in ECI, Lapid has vast experience working with telecommunication operators worldwide. “I see tremendous business potential in PacketLight technology and the company’s new business directions, and am excited to join the PacketLight board of directors,” noted Lapid. Lapid is the former CEO of Innowave, an ECI company acquired last year by Alvarion, and previously serviced as general manager of the optical SBU of ECI.

Other additions to the PacketLight board of directors include Mr. Eitan Bek from Pitango Venture Capital, and Dr. Michael Mesh CTO and co-founders of PacketLight.

PacketLight Networks Ltd.

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