Telcordia Appoints Garry K. McGuire as Chairman of its Board of Directors

PISCATAWAY, N.J., Nov. 8, 2010 /PRNewswire/ -- Telcordia, a global leader in the development of mobile, broadband and enterprise communications software and services, today announced that Garry K. McGuire has been elected as non-executive Chairman of its Board of Directors. In addition, Patrick Severson has joined the board as a new member.

A member of the board since December 2006, McGuire was the former chief financial officer and senior vice president of corporate development for Avaya, where he was responsible for management and oversight of all financial, accounting, treasury, tax, audit operations and real-estate operations as well as investor relations, global pricing and corporate development. Before joining Avaya, McGuire was president and chief executive officer of Williams Communications Solutions LLC and president of NORTEL Communications Systems, Inc.

Patrick Severson is a managing director of Technology, Media and Telecommunications at private equity firm Warburg Pincus, where he focuses on software and healthcare technology investments. Prior to joining Warburg Pincus, Severson was a consultant with BoozAllen & Hamilton and Price Waterhouse, following the media and technology industries.

"We are very pleased that Garry has agreed to serve as our non-executive Chairman of the Board and look forward to his continued involvement with our leadership team," said Mark Greenquist, President and CEO. Telcordia. "With his deep expertise in technology and telecommunications, Patrick will be a valuable asset as a new member to our board."

For more information on Telcordia, visit www.telcordia.com. For more information on Telcordia's Board of Directors, visit http://www.telcordia.com/aboutus/directors.html.

About Telcordia

Telcordia, a global leader in the development of mobile, broadband and enterprise communications software and services, enables Communications Service Providers (CSPs), enterprises, suppliers and governments to successfully deploy innovative and advanced services that help our clients realize operational efficiencies, drive revenue, and maintain a competitive edge.  As the industry's go-to expert for solving the most complex communications challenges, Telcordia is known for getting it right the first time and for having the depth of expertise to fully understand our customers' situation, respond appropriately, and deliver as promised. Telcordia has globally trusted expertise in software and services to meet the needs of customers and partners, including, consulting, next-generation OSS, network and application interconnection, service delivery and charging  solutions, industry research and new technology development. Telcordia is headquartered in Piscataway, N.J., with offices throughout North America, Europe, Asia, Central and Latin America. (www.telcordia.com).

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SOURCE Telcordia

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