Bridgewater Systems Names Clark Cochran Vice President of Sales

Bridgewater Systems, a provider of access control and monetization solutions, today announced that Clark Cochran has been named the companys vice president of sales.

KANATA, Ontario, June 5, 2002 - Bridgewater Systems, a provider of access control and monetization solutions, today announced that Clark Cochran has been named the companys vice president of sales.

Cochran has 20 years of sales and management experience with data and voice networking equipment and software companies. Much of this experience has been aimed at worldwide service providers, Bridgewaters primary market.

According to Derek Smyth, Bridgewaters president and CEO, This is a good time for someone with Clarks competitive abilities and experience to join Bridgewater. Clark has demonstrated his consistent, proven ability in building top-tier sales organizations and exceeding sales goals in the service provider market. His extensive direct sales and channel experience will complement the strong channel relationships that Bridgewater has developed with partners like Ericsson. We are fortunate to have Clark join our management team."

Cochran will be responsible for Bridgewaters worldwide sales strategy and execution. As a member of the senior management team he will also play a key role in defining Bridgewaters market and product strategy.

Im pleased to be joining Bridgewater," said Cochran. The company has a solid reputation in the service provider market. I look forward to ramping up our sales efforts further and working with the existing team."

Prior to joining Bridgewater, Cochran was vice president of Americas Sales for Nortel Networks (Alteon WebSystems, Inc.) and then vice president of Global Sales at Vivace, Inc. He also served over eight years at Network Equipment Technologies, Inc. (N.E.T.), where he was the director of carrier sales. Before N.E.T., Cochran was a member of the executive management team at Sigma International, Inc. In his role as vice president of sales, he successfully redefined Sigmas sales strategy and target markets. Cochran also held key director positions at ICC (later acquired by MFS/Worldcom), Telelogic, Inc. and Bell Atlantic.

Cochran holds a masters degree in business administration from The College of William & Mary, Williamsburg, VA and bachelors degree in business administration from Roanoke College, Salem, VA.

About Bridgewater Systems (www.bridgewatersystems.com)
Bridgewater Systems provides access control and monetization solutions that enable service providers to maximize the revenue potential of their networks. The company develops highly scalable solutions that lie at the core of service providers network and revenue generation activities. Its software enables service providers to differentiate access to wireline and wireless services based on the identity of the user or the application, solving problems such as how to comprehensively account and track for services and prevent unauthorized access. Unlike competitive offerings, Bridgewaters solutions work within any vendor network, regardless of the type of authentication system; offer extensive accounting capabilities to complement existing billing engines; and can be rapidly deployed. These differentiators enable customers to reduce network costs, increase revenues and rapidly deploy new customer-focused services. Founded in 1997, the privately held company's software is licensed by top-tier global service providers, including Bell Mobility, Qwest Communications and Covad.

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For more information, or to schedule an interview, please contact:

Melonia Montreuil
Bridgewater Systems
Tel: 613-591-9104 x 2025
Email: melonia.montreuil@bridgewatersystems.com                

George Cohen
George Cohen Communications, Inc.
Tel: 617-325-0011
Email: george@gccpr.com