Verso Appoints Steve Langion to Senior Vice President, General Manager -- Softswitch and Access Business Units
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Company Realignment to Business Unit Structure Complete
ATLANTA, Mar 13, 2008 - Verso Technologies, Inc. (Nasdaq:VRSO), a global provider of next generation network solutions, announced today that it has appointed Steve Langion to the position of Senior Vice President and General Manager of both the Softswitch and Access business units, representing technologies that have accounted for approximately 50% of Verso's revenues. In this capacity, Langion will be responsible for managing Verso's VCLEAR(TM) VoIP, iMarc®, Verilink®, and I-Master® product lines.
Prior to this appointment, Langion was Verso's Senior Vice President of Engineering. He began his career at Bell Labs after graduating with a Masters degree in Computer Science from the University of Southern California and a Bachelors degree in Computer Science from the Polytechnic Institute of New York. After Bell Labs, Langion worked for Evolving Systems, Inc. managing the business unit that developed first generation wireless data switching products for Lucent. He later founded a technology company that was acquired by Clarent Corporation. After that acquisition, Langion became Vice President of Engineering for Clarent until Verso acquired Clarent in 2003.
"Steve is one of our hardest working and most skilled senior engineers and management talents. He is also highly regarded in the Softswitch business," said Mark Dunaway, President and Chief Operating Officer of Verso. "Our new organizational structure allows the business unit heads to focus their energy on the processes and procedures necessary to gain scale. Steve will work closely with sales and marketing to deliver the expected results from these two important business units."
"Verso's wide array of VoIP switching, access and service assurance products offers carriers the ability to select from pre-integrated, bundled VoIP switching packages or to create unique configurations specifically tailored for their needs by utilizing individual product offerings," said Langion. "Our VoIP service assurance products are particularly exciting as VoIP deployments become more wide-scale and complex. Devices that monitor, measure, test, and verify service levels will become increasingly critical components of these networks for providers to proactively meet demanding customer expectations."
About Verso Technologies
Verso is a global provider of next generation network solutions offering a core-to-edge product portfolio primarily for telecommunications service providers. The company's products enable its customers to secure and optimize network bandwidth, generate additional revenue and reduce costs. Verso's applications and services are cost effective, deploy quickly and provide a superior return on investment. Verso's VCLEAR(TM) VoIP products have been created from inception to be Pure IP. For more information, contact Verso at www.verso.com or call 678.589.3500.
SOURCE: Verso Technologies, Inc.
Verso Technologies, Inc.
Investor Contact:
Scott Kimball, Vice President of Investor Relations
678.589.3579
Scott.Kimball@verso.com
Media and Marketing Contact:
Robin Hanscom, Marketing Communications Manager
678-589-3576
Robin.hanscom@verso.com
