We are excited to have Allan joining our board at such a crucial time in BTI's growth
Ottawa, Canada (PRWEB) January 30, 2008
BTI Systems, a global supplier of Optical Edge networking solutions for the delivery of gigabit services, today announced the appointment of Allan M. Kline as an independent board member. A seasoned chief financial officer, Allan brings more than 35 years of experience in financial strategy, planning and control to the company. As an independent board member Allan will be working closely with BTI to support its financial and corporate development strategies as well as to further develop the company's global structure.
"BTI has a world-class executive team and board of directors," said Kline. "I am excited to be part of a team that will continue to scale BTI's business as it takes advantage of opportunities for Optical Edge systems being driven by the onslaught of video in networks."
Allan is uniquely qualified to support BTI's financial strategies having held six CFO positions at public and private companies in the telecom, wireless and networking industries. He has lead implementations of Sarbanes Oxley (SOX) 404 compliance at his last two companies including his most recent position where Allan was the CFO of Skyworks Solutions, Inc. Prior to this he was CFO for Acterna Corporation.
In his various roles, Allan has gained extensive expertise in raising capital through public debt and equity markets, developed a successful track record with acquisitions and divestitures and has listed multiple companies on the NYSE and NASDAQ. He has significant experience as a member of an M&A advisory firm and lead a small private equity firm. Allan has also served on the Board of two public companies, Acterna and CrossComm, where he was Chair of the Audit Committee. He began his career with Arthur Young & Company (now Ernst & Young) where he was an audit partner.
"We are excited to have Allan joining our board at such a crucial time in BTI's growth," said Lance Laking, President and CEO of BTI Systems. "His extensive expertise in developing and executing complex financial strategies is an invaluable asset as we continue to expand our position at the Network Edge."
About BTI Systems:
BTI Systems helps service providers respond rapidly and cost-effectively to the demand for bandwidth growth in today's gigabit world. BTI provides fiber optic systems to expand network fiber capacity by 100X to support the increase in network traffic driven by rich video applications and media content. BTI's Netstender™ platform -- the industry's first microWDM system -- extends high-bandwidth transport services to the Optical Edge. By consolidating key transport capabilities (DWDM/CWDM, optical multiplexing, amplification, dispersion compensation and wavelength translation) in a 2U platform, Netstender meets the stringent quality and usability requirements of service providers enabling them to dramatically improve the economics of delivering today's bandwidth hungry broadband internet, video and wireless services.
For more information, visit http://www.btisystems.com.