Telcordia Names CEO

MORRISTOWN, N.J. -- Telcordia Technologies, Inc. a leader in the development of the world's most advanced communications services, network technologies and Operations Support Systems (OSS), announced the appointment of Matthew J. Desch as Chief Executive Officer effective today. He succeeds Richard C. Smith, Jr., who has been appointed Vice Chairman of the Telcordia board of directors after serving as CEO for five years. Desch, 44, spent 13 years at Nortel Networks leaving in 2000. There he was executive vice president and president of the Global Service Providers division, responsible for growth in the company's carrier business in Europe, the Middle East, Africa and Asia. Earlier, Desch was president of Nortel's Wireless Solutions division, where he led the company's growth from a nascent wireless player, with revenues of less than $1 billion, to a major wireless competitor with revenues of more than $4.5 billion. Under his leadership, Nortel was the fastest growing supplier of wireless equipment to major operators worldwide. "Matt's proven strategic leadership, depth of experience and market knowledge make him ideal to lead Telcordia in its next phase of growth. His experience in wireless and in international markets aligns perfectly with our goal of expanding in these areas, and he is focused on exceeding customers' expectations," said Dr. J.R. Beyster, Chairman of the Telcordia board of directors, and Chairman and CEO of Science Applications International Corporation (SAIC), Telcordia's parent company. Telcordia Technologies Inc.