Transmode appoints Mark Stevens as VP Asia-Pacific

17 december 2013 Stockholm, Sweden - 17(th) December 2013 - Transmode, a global supplier of packet-optical networking solutions, today announced that Mark Stevens has been appointed as VP Asia-Pacific (APAC). Mr. Stevens will be responsible for the company's activities in the fast-growing region and will be based in Singapore, which has been his home for several years. Transmode's CEO, Karl Thedéen, commented, "I am delighted to be welcoming Mark to our team at such an exciting and pivotal point in the company's growth in the APAC region. He brings 20 years' experience in the telecommunications industry in the APAC region and has the senior management vision that will help lead our regional team." The appointment of Mr. Stevens comes at a time of rapid growth in the APAC region for Transmode, which includes the company's recent significant win of Hutchison Global Communications as a major customer in Hong Kong. He will be responsible for sales management and other regional functions such as APAC customer support. Mr. Stevens will join the company's management team and will report directly to CEO, Karl Thedéen. Mr. Stevens, an Australian by birth, has held senior management positions in Asia for companies including Nortel Networks and most recently at ECI Telecom. He has an excellent knowledge of the region's operators, service providers and major enterprises at a senior management level. He holds an MBA from the University of Melbourne and an BEng in Electrical Engineering from Monash University. He commented, "I am thrilled to be joining the team at Transmode. I am looking forward to taking on the challenge of driving continued growth for the company. Transmode has a solid core of business in the APAC region, built on the hard work of a well-motivated team. I look forward to leading this team to new heights in a region already regarded as an engine of growth." For more information please contact: Ola Elmeland Vice President Marketing and Communications Transmode Systems AB Telephone: +46 8 506 882 71 Email: ola.elmeland@transmode.com About Transmode Transmode is a global provider of packet-optical networking solutions that enable fixed line and mobile network operators to cost effectively address the capacity needs created by the rapid growth in video and data traffic. These solutions are important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video delivery services and cloud computing. Transmode's solutions are designed to increase the capacity, flexibility and functionality of metro and regional networks and are based on Wavelength Division Multiplexing (WDM) and transport technologies such as Ethernet. Transmode's Native Packet Optical 2.0 architecture gives customers key advantages such as cost efficient Ethernet services, ultra-low latency, low power consumption and future proof network design. Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX Stockholm Exchange (TRMO). Since 2000 the company has installed more than 40,000 systems for over 500 fixed and mobile network operators, service providers, large enterprises and public institutions in over 45 countries across the globe. For additional information about Transmode, please visit www.transmode.com Press release PDF: http://hugin.info/134733/R/1750106/589626.pdf This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Transmode via GlobeNewswire [HUG#1750106]