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ADVA Optical Networking SE

ots Ad hoc-Service: ADVA AG <DE0005103006> ADVA OPTICAL NETWORKING APPOINTS BRIAN PROTIVA AS CEO

Ad hoc-announcement. The sender is solely
responsible for the contents of this announcement.
Martinsried/Munich,  Germany; Ramsey/New Jersey, USA(ots Ad
hoc-Service) - ADVA Optical Networking (German Neuer Markt: ADV), a
leading global provider of optical networking solutions, today
announced that Brian L. Protiva, Chief Strategy Officer, has been
appointed to the newly-created position of Chief Executive Officer by
the company's Supervisory Board. ADVA's change in corporate structure
is the result of the company's efforts to focus its vision and unify
leadership through clearer accountability, and follows the reporting
of the company's 2000 financial results earlier today. The assumption
of responsibility by one individual for integrating key management
issues and implementing new business procedures will help prepare the
company for further growth.
Brian Protiva co-founded ADVA in 1994 and has been highly
instrumental in driving the company's growth to more than 398
employees at year-end 2000 and sales of EUR 60.7 million in 2000. He
initially focused on creating ADVA's marketing, sales and growth
strategy, but since April 2000 assumed responsibility for the areas
of research and development, product marketing, and strategy. In the
new company structure, the three executive officers, Brian P. McCann,
Chief Sales & Marketing Officer, Stephan Offermanns, Chief Operating
Officer, and Andreas G. Rutsch, Chief Financial Officer, will report
directly to Brian Protiva and maintain the same areas of
responsibility.
Published by: ADVA AG Optical Networking, Martinsried/Munich and
Meiningen, Germany ADVA Optical Networking Inc., Ramsey/New Jersey,
USA http://www.advaoptical.com
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