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Active Broadband Networks appoints three new Board Members


FRAMINGHAM, MA July 25, 2011 – Active Broadband Networks Inc., the leading provider of Broadband Resource Management Systems, announced the appointment of R. Stephen Cheheyl, Abbot L. Gilman and Jitendra Saxena to its Board Of Directors.

“I am excited to be joined by Steve and Jit on the Board,” said Abbot Gilman, Executive Chairman, “Active Broadband Networks has tremendous opportunity and we are thrilled to have Steve and Jit’s help and guidance to realize it”.

R. Stephen Cheheyl is a broad-based and seasoned executive with over 30 years of experience in the computer, software and data communications industries. Since retiring as EVP of Business Operations of Bay Networks, then a $2 billion data networking company, he has been an active private investor, board member, CEO mentor and new business start-up coach. Steve was the financial officer responsible for the initial public offerings of three companies, follow-on offerings, numerous private financings, and a series of mergers and acquisitions as both buyer and seller.

Abbot Gilman is a successful entrepreneur, investor and advisor to emerging technology companies. He was a Founder, Director and COO of Broadband Access Systems, Inc., a private company that developed Cable Modem Termination Systems and was acquired by ADC Telecommunications, Inc. in 2000 for $2.3 Billion. Prior to co-founding Broadband Access Systems, he was VP of Marketing and Sales at Applied Network Technology, Inc. a pioneering developer of Ethernet Switching technology that was acquired by Fore Systems in 1995.

Jitendra Saxena brings with him a long and successful career of entrepreneurship and business leadership. As founder & CEO of Netezza, Jit grew the business from start-up to a leader in the data warehouse server industry, taking the Netezza public in 2007. (Acquired by IBM (NYSE:IBM) in 2010). Prior to founding Netezza, Jit was the founder, chairman and CEO of Applix Inc., a leading analytical CRM software provider that he took public in 1994. Jit is currently very active with many young technology companies in the Massachusetts area with differentiated technology and unique value propositions as investor and board member.

About Active Broadband Networks
Active Broadband Networks is a leading provider of Advanced Network Software. Our flagship product, the Active Resource Manager combines Network and Subscriber Data Management with Policy Management to deliver a comprehensive Subscriber, Service and Application Management solution for Broadband Service Providers seeking to deliver a compelling user experience while managing subscriber usage and costs. Our solutions are deployed by some of the world’s largest Broadband Service Providers. Active Broadband Networks is a privately owned Delaware corporation with headquarters in Framingham, MA. USA.



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