XConnect Adds Entrepreneur Yuval Shachar to Board of Directors

LONDON, Nov. 9 /PRNewswire/ -- XConnect, the global leader in neutral and secure next-generation interconnection and ENUM-registry services, announced today that veteran technology entrepreneur Yuval Shachar has joined its board of directors.

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With nearly 30 years of experience in voice- and data-networking technology, Shachar led the creation of three innovative Internet companies that were acquired by Cisco Systems. He served as a general manager in Cisco's service provider group for five years until earlier this year.

"We're delighted to have Yuval, an inventive and dynamic leader, join our board," said XConnect CEO and founder Eli Katz. "We win in two ways: He brings tremendous experience in developing new technology, as well as expertise in successfully managing the growth of companies similar to ours."

Shachar, who holds several patents in telecommunications, said: "XConnect's 'Interconnect 2.0' approach to enabling end-to-end IP communications is essential for mass-market adoption of new IP services. I look forward to helping Eli and his team continue building an interconnection powerhouse."

XConnect operates the largest worldwide ENUM-based IP-peering federation, the Global Alliance, and the world's first national VoIP and NGN interconnection federations, in the Netherlands and Korea.

IP-networking companies that Shachar developed, which later were sold to Cisco, were P-Cube, which specialized in IP service engineering; Pentacom, a pioneer in Dynamic Packet Transport products; and Infogear, an early developer of Web appliances.

Shachar also previously led research and development at VocalTec, where he directed programs resulting in the creation of the first set of VoIP architectures and products; VocalTec went public on NASDAQ. Earlier in his career, Shachar held senior positions at National Semiconductor Corporation and Motorola.

The addition of Shachar to its board follows news that XConnect has been named one of Light Reading's 2009 "Top Picks" for communications technologies, services and products, and that the company raised $10 million in Series B funding from a consortium of investors.

About XConnect
The global leader in network peering, XConnect is trusted by more than 100 IP-based service providers to offer a suite of Interconnect 2.0 services, including Carrier ENUM-registry and next-generation multimedia interconnection hub solutions. London-based XConnect offers the most comprehensive and reliable solutions to help service providers deliver rich multimedia IP communications across networks while improving service quality and reducing costs. Backed by Tier 1 venture capital firms, XConnect operates the largest worldwide ENUM-based IP-peering federation, the Global Alliance, and the world's first national VoIP/NGN interconnection federations, in the Netherlands and Korea. For more information, please visit www.xconnect.net.