Former JDSU exec joins PCN senior management

Dave Karpenske to manage expanded growth of PCN Networks into commercial and industrial infrastructure.

PCN Technology, Inc. (PCN), a designer and manufacturer of communications products that transform legacy copper infrastructure into IP-enabled systems without impacting existing functionality, has announced Dave Karpenske as its chief operating officer (COO).

Before joining PCN, Karpenske was vice president of strategic and corporate marketing at JDS Uniphase (NASDAQ: JDSU), a specialist in communications test and measurement and communications/commercial optical products. He brings over 25 years of successful strategic and tactical operations, as well as sales and marketing management experience to PCN. His background includes running divisions with annual revenues of over $500 million in product and service sales, P&L's of over $400 million, and engineering budgets exceeding $80 million.

Prior to his position at JDS Uniphase, Karpenske was senior VP and GM at Credence Systems. He joined Credence in 2003 after spending 25 years with Schlumberger (NYSE: SLB), where his last position was president of North and Central America, where he was responsible for the telecommunications, semiconductor equipment, smart cards and IT outsourcing operations.

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In his role at PCN, Karpenske will lead the strategic and tactical sales and marketing operations of PCN’s patented technologies, products and services. While doing so, he will work closely with PCN’s R&D, manufacturing, finance and support teams ensuring that the company’s growth is managed efficiently and successfully.

“As a transformative hire on the PCN senior leadership team, Dave is the pinnacle choice for both our tactical and strategic initiatives," comments said Irwin Pfister, PCN’s executive chairman, and former CEO of Schlumberger SEMA and EVP of Schlumberger Ltd. "I know firsthand of Dave’s abilities in managing teams, operations, and overall growth. As my former president of North and Central America operations, Dave will be the appropriate person to assist in managing PCN’s continued growth, and launching it to the next level. I am thrilled to have Dave back on my team.”

“Over the last 12-18 months, PCN has seen consistent and measurable growth of product shipments, technology validations and engineering Alpha and Beta projects that have resulted in commercial integration activities," commented Karpenske.

He added, "The company has a list of marquee customers growing within building management, oil and gas, energy, IT and other critical infrastructure markets. This is a direct reflection on PCN’s unique product suite, core strategy, and the overall competitive value it brings to its customers. I am pleased to bring my knowledge and experience to assist the team in both expanding existing relationships while building new ones. I look forward to working with the entire PCN team, shareholders, partners and customers."



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