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IP INFUSION NAMES WILLIAM P. TAI CHAIRMAN OF THE BOARD OF DIRECTORS
November 27, 2001, San Jose, California - IP Infusion,
a leading provider of advanced networking software for the development
of next generation communications, networking and wireless equipment,
announced today that its Board of Directors has elected William
P. Tai as its Chairman. As a General Partner of several funds managed
by Institutional Venture Partners (IVP) as well as seed fund, Authentic
Ventures, Tai brings to IP Infusion deep experience in guiding private
technology to industry leadership.
"We are fortunate to have attracted someone with such deep technology
experience as well as broad industry knowledge and an extensive
network." said Nick Keating, President and CEO of IP Infusion. "Bill's
guidance has been a key factor in our growth from a founding team
to a revenue producing, well funded company working with industry
leaders over the past year."
A general partner of Institutional Venture Partners (IVP), Tai
has helped build a number of companies in the technology sector.
Of the 28 companies he has worked with actively as early stage private
companies, 20 have achieved a public listing or have been acquired.
He currently serves on the Board of Directors of five publicly listed
companies. In the technology sector these include: 8x8, Inc. (NASDAQ:
EGHT), Microtune (NASDAQ: TUNE), and Transmeta (NASDAQ: TMTA).
Bill Tai's career includes establishing the semiconductor practice
as a securities analyst at Alex Brown & Sons as well as management
and engineering positions at Texas Instruments and LSI Logic.
"It's been a pleasure working with a company as well positioned
as IP Infusion. IPI's world class technology and people have been
able to quickly attract industry leaders such as Foundry Networks
as a customer and key semiconductor partners." said Bill Tai. "I
expect to see IP Infusion as a core provider of technology at the
edge and access layer of the world's network as communications functions
become distributed - much like what happened to computing functions
in the migration from minicomputers to workstations and PC's."
IP Infusion designs, develops, and markets an Advanced IP Routing
Suite, which is based on a unique, modular, multi-process architecture
featuring control-plane components that provide route redistribution
and conversion, management services, and an OS/processor abstraction
layer for routing and switching modules. In this architecture, IPv4
and IPv6 Protocol Modules for OSPF, BGP, and RIP provide routing
table information and updates. MPLS Modules for LDP and the MPLS
Forwarder also use the control-plane components for central management
and routing integration. The IP Infusion ZebOSÔ Advanced Routing
Suite can be used in embedded equipment and as a route server on
standard server platforms.
About IP Infusion Inc.
A leading provider of advanced network software for both network
equipment vendors and server routing solutions, IP Infusion builds
world-class software that supports state of the art network standards
and protocols. With the explosion of networking technology and industry
standards, IP Infusion's routing suites make it easier for equipment
vendors and solutions providers to deliver solutions to the market
in a timely, cost-effective manner. IP Infusion delivers both source
and server versions of its unique software. The source code solutions
enable equipment vendors and development organizations to quickly
integrate leading edge network protocols into their products and
applications without the software development expense normally associated
with complex product development. IP Infusion's server packages
provide routing solutions for service providers, hosting vendors,
telecommunications providers, and enterprise customers. IP Infusion
is a member of the Network Processing Forum and an active participant
in the IETF. For more information, please visit www.ipinfusion.com,
send e-mail to marketing@ipinfusion.com,
or call (408) 794-1500.
IP Infusion, ipinfusion and ZebOS are trademarks
of IP Infusion Inc. All other brands or product names referenced
in this release are trademarks or registered trademarks of their
respective holders.
IP Infusion Contact:
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