Aepona Ltd. Appoints New CEO
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Isaac Olasoko Joins From Transmode Systems
Belfast, February 1, 2006 - Aepona Ltd, a leading provider of telecommunications software that enables innovative service delivery solutions for operators worldwide, has announced the appointment of Isaac Olasoko as Chief Executive Officer.
Isaac takes over from Liam McQuillan, who has been with Aepona since its foundation in 1995. In recent years Liam has had a predominantly operational focus and will now become Chief Operating Officer whilst remaining on the Board.
Gilbert Little, co-founder and Chairman of Aepona said, Isaac is an experienced, talented and visionary leader. His success as CEO of Transmode Systems was exceptional, transforming the company from an optical systems start-up to a global provider of optical networking solutions, growing revenues ten-fold in the process. This, combined with his experiences in executive positions at Alcatel Telecom, culminating in Vice President Business Development & Marketing, means I am confident he will further strengthen Aepona's position as one of the most important players in the telecommunications software market.
Liam McQuillan, outgoing CEO of Aepona Ltd, said of his successor:
Isaac will be a major driving force within the company. His appointment brings an expertise and vision that will continue to strengthen Aepona's capability in our markets and position us for continued future success. I am delighted to be supporting Isaac going forward as COO.
Isaac commented, It is truly a privilege to be entrusted with the responsibility of guiding Aepona towards future growth and success. It is also a privilege to work with our incredibly talented and dedicated team.
Isaac will start to share his vision with analysts and media at 3GSM later in the month.
About Aepona
Aepona is a provider of telecommunications software that enables innovative service delivery solutions for operators worldwide. Aepona's products are deployed by fixed-line and mobile carriers on three continents enabling rapid roll-out of cost-effective, value-added and customer loyalty enhancing services.
Aepona is at the forefront of convergence in telecoms - providing the necessary infrastructure to allow operators to maximise their investment in both circuit-switched and packet-switched networks. Aepona provides an important stepping-stone in the evolution path from traditional intelligent network (IN) services to IMS - the IP multimedia subsystem.
The Aepona Causeway suite of products addresses three key pain points felt by operators: the need to integrate disparate technologies in their networks, the requirement to gain access to ready-made network applications, and the necessity to create compelling customer propositions quickly. Aepona Causeway is a standards-compliant suite of products that includes network integration and service interaction management components. The suite supports SS7 and SIP for existing and converged networks, allowing operators to gain immediate value from service delivery platform, fixed-mobile convergence, next generation IN or new applications initiatives.
In short, Aepona is at the forefront of the evolution towards better, more service-rich, communications networks.
