Aurora Networks Names Investment Banker to Lead New Business Development

Scott Weinstein to Help Optical Transport Leader Identify New Growth Opportunities

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Aurora Networks, Inc., the only optical transport solution provider focused on delivering a cost-effective, optimized platform for next-generation cable services, today named Scott Weinstein as its vice president of new business development.

Aurora Networks stated that Weinstein, who has more than 15 years of investment banking and mergers and acquisitions experience, will help the company identify organic and inorganic growth opportunities, including potential acquisitions.

Aurora Networks recently achieved its 18th consecutive quarter of profitability. The company is providing cable operators in North America, Latin America, Europe and Asia with technology solutions that future-proof their networks for the delivery of residential and commercial services today and tomorrow, enhancing their competitiveness.

What Aurora Networks Says

"As we continue to support cable operators with their network evolution, we are in a prime position to evolve our business as well. Scott will be instrumental in finding ways we can grow our company to ensure we meet the current and future needs of our cable operator customers," said Guy Sucharczuk, chairman, president and CEO of Aurora Networks. "Scott will help Aurora Networks take the next big steps in our company development."

"Since its inception more than 10 years ago, Aurora Networks continues to achieve significant growth with its slate of solutions for evolving cable networks," said Weinstein. "I look forward to helping Aurora Networks garner further success as the company determines its next steps for growth."

Key Details:

• Before joining Aurora Networks, Weinstein was a managing director in the Technology, Media and Telecommunications Group at Piper Jaffray & Co. Before Piper Jaffray, Weinstein worked at Thomas Weisel Partners and Wessels, Arnold & Henderson.
• During his 15 years in the financial banking and mergers and acquisitions sector, Weinstein was involved in close to 100 corporate transactions and financing deals valued in excess of $15 billion.

About Aurora Networks

Aurora Networks is evolving cable by focusing on innovative solutions that build future-proof networks to accommodate the cable subscriber services of today and tomorrow. Aurora Networks is the only pure-play optical transport solution provider that is focused solely on cable MSOs. Using its proven understanding of cable networks, Aurora Networks delivers unique solutions - such as its Fiber Deep architecture and digital return technology - to address specific issues of the cable industry. A technology leader driven by innovation and industry-firsts, Aurora Networks enables leading MSOs across the globe to compete with a cost-effective, optimized launch pad for next-generation cable services. To learn more about Aurora Networks’ core cable solutions, please call 408-235-7000 or visit www.aurora.com.

Aurora Networks and the Aurora Networks logo are registered trademarks of Aurora Networks, Inc. in the United States and other countries. Other marks are the property of their respective owners and are used here only for identification purposes.

CONTACT:

For Aurora Networks
Michael Hopkins, 303-752-3552 x.230
AN@VisiTechPR.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Technology  Networks  Telecommunications

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