Tellium Shakes Up the Board

OCEANPORT, N.J. -- Tellium, Inc. (Nasdaq: TELM - News) today announced the appointment of three new members to its board of directors, Kathleen Perone, President and CEO of Focal Communications; Gerald Gorman, founder and Chairman of EasyLink Services Corporation; and Bart Shigemura, who recently served as Chairman of Alidian Networks. These directors replaced five resigning directors, William Bunting, Jeffrey Feldman, Edward Glassmeyer, William Roper and Richard Smith, all of whom joined the company's board before its initial public offering in May 2001. "We are looking forward to working with Kathy, Gerry and Bart, all of whom have experience at senior level positions with publicly traded companies, in guiding Tellium's future. They are each highly qualified individuals with significant experience in the industry. I believe that they will be instrumental in Tellium's success going forward," said Harry J. Carr, Tellium's chairman and chief executive officer. "The individuals who are leaving the board were representatives of early investors in our company. Their expertise in guiding a young company from its early start-up days through its IPO in 2001 and a difficult 2002 was critical to Tellium. Messrs. Bunting, Feldman, Glassmeyer, Roper and Smith have served the company well during its initial and early stages, and we believe that having a stable board as we confronted the challenges of 2002 was important to the company. We appreciate each of these individual's commitment and efforts on behalf of Tellium, thank them on behalf of our shareholders for their service and wish them well." "Two of the new directors will be joining the class of our board that stands for election at our upcoming annual meeting of shareholders. Adding new directors to our board at this time gives shareholders the opportunity to vote on two of the three new directors this year," said Carr. Tellium Inc.