FREMONT, Calif.–(BUSINESS WIRE)–Aug. 15, 2003–Centillium Communications, Inc. (Nasdaq:CTLM), innovator of broadband communications technology, today announced the addition of venture capital andnetworking industry veteran Hassan Parsa as Vice President of Business Development. Reporting directly to Centillium’s Chief Executive Officer and Co-founder, Faraj Aalaei, Parsa is responsible forguiding the Company’s business development and strategic partnership initiatives.
“The addition of Hassan further strengthens one of the deepest and most talented executive teams in our industry,” said Aalaei. “To say that we are thrilled to have someone with Hassan’s experience on board is an understatement. As we continue to extend our leadership position in the Broadband Access Markets, Hassan’s proven ability to identify and develop strategic partnership opportunities will be invaluable.”
Prior to joining Centillium, Parsa served as a General Partner with Lucent Venture Partners, an early stage venture capital firm funded by Lucent Technologies and focused on Communications and Network Infrastructure investments. As a Founding Partner, he played a key role in developing Lucent Venture Partners’ investment strategy and managed many of the firm’s most successful investments. Prior to founding LVP, Parsa held executive and business management positions at Lucent Technologies and AT&T Network Systems, where he was responsible for business development and mergers and acquisitions execution. Parsa holds an MBA from Columbia Business School along with a BS and an MS in Electrical Engineering from the University of Maryland.
About Centillium Communications
Centillium Communications, Inc. combines technical innovation and customer commitment to make broadband communications – in business and at home – a practical reality. The Company designs and markets communications chipsets for Digital Subscriber Line (DSL) central office and customer premises equipment and for carrier- and enterprise-class Voice over Packet (VoP) gateways and switches. The Centillium Communications headquarters are located at 47211 Lakeview Blvd., Fremont, CA 94538. Additional information is available at www.centillium.com.
Centillium Communications and Centillium’s logo are trademarks of Centillium Communications, Inc.
