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Press Release -- August 3rd, 2021
Source: dzs-public
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DZS Expands Collaboration with Broadcom on Next Generation Broadband Access Technologies

Strategic technology alignment to address growing demand for standards-based, open-network architectures for next generation PON

PLANO, Texas., Aug. 02, 2021 -- DZS (NASDAQ: DZSI), a global leader in optical and packet-based mobile transport, broadband connectivity and software defined networking solutions, today announced its expanded collaboration with Broadcom to advance open standards and bring to market next-generation high-speed optical broadband and Passive Optical Network (PON) technology.

“As we continue to enhance 10G-class technologies like XGS-PON which are now being widely adopted and develop solutions based on next generation technologies, DZS is an ideal technology partner with more than two-decades of history in supporting some of the most advanced networks in the world with our Broadband Access Solutions,” said Rich Nelson, Senior Vice President and General Manager, Broadband Video Group, Broadcom. “Service providers are embracing open ecosystems and our work with DZS focuses on delivering future-ready, standards-based innovations in next generation technologies that help operators expand, evolve and converge their broadband networks to capitalize on the opportunities of today and tomorrow.”

Broadcom’s feature-rich, scalable semiconductor devices provide leading performance, capacity and flexibility for many DZS optical and copper-based products. Integrated with the DZS Software Defined Network (SDN)-enabled Network Operating System (sdNOS) for network-based products, and supported by the DZS Cloud Portfolio, Broadcom technology enables forward-looking DZS service provider customers to implement ultra-performance centralized or distributed networks with state-of-the-art orchestration and network automation for software-centric services and network virtualization. Today, Broadcom broadband access technology underpins DZS Velocity solutions, including the recently announced XCelerate by DZS XGS-PON solutions, as well as DZS Helix connected premises solutions in ONT fiber termination point and home Wi-Fi products.

“Broadcom provides the scale, performance and technology alignment required for DZS to innovate in key emerging use cases, like the convergence of Optical, Broadband, and 5G networks,” said Charlie Vogt, President and CEO, DZS. “As DZS advances its longstanding commitment to ‘freedom of choice’ and open standards, Broadcom is a strategic technology partner to realize our mutual vision and target new market opportunities with best-in-class broadband connectivity and edge access solutions.”

For more information regarding DZS, visit https://dzsi.com/. For more information on Broadcom, visit https://www.broadcom.com/.

Telecom Finance Veteran Misty Kawecki Joins DZS as Chief Financial Officer

Brings more than 24 years of finance, accounting experience at MediaKind, Imagine Communications, GENBAND, McAfee and EY to role

PLANO, Texas, Aug. 02, 2021 - DZS (NASDAQ: DZSI), a global leader in optical and packet-based mobile transport, broadband connectivity, and software defined networking solutions, today announced the appointment of Misty Kawecki as Chief Financial Officer, effective immediately. Ms. Kawecki brings over 24 years of progressive finance and accounting experience at Big 4 accounting firms and public, private and private equity-owned companies to the role and will serve as a strategic advisor to CEO Charlie Vogt and the Board of Directors. She succeeds Tom Cancro, who served as CFO since 2019.

“On behalf of the Board and management team, I want to thank Tom for his many contributions to DZS, including his instrumental role in the company’s $64 million dollar gross proceeds follow-on equity raise and two acquisitions, and wish him well in his future endeavors,” said Charlie Vogt, President and CEO of DZS. “As I mark my first anniversary since joining DZS, and following 12 months of management, business and operations transformation – including record orders, revenue and backlog and new innovation – I am pleased to reunite with Misty, who I had the pleasure of working with at both Imagine Communications and GENBAND. Misty exemplifies our entrepreneurial, customer-first, ultra-fast paced culture, has extensive M&A experience and will excel in her new role with DZS.”

Prior to DZS, Ms. Kawecki served as CFO and head of operations at MediaKind, a large scale media platform (Mediaroom) spin-out from Ericsson. Before joining MediaKind, she served as the Chief Accounting Officer at Imagine Communications and prior to that, she held Vice President of finance roles at GENBAND and McAfee (Intel). She started her career at EY. Ms. Kawecki has a master’s degree in accounting from Texas Tech University.

“DZS has undergone a rapid turnaround under Charlie’s vision and leadership, positioning the company to win and grow through a once-in-a-generational investment cycle,” said Misty Kawecki. “I have seen first-hand Charlie’s effectiveness in driving transformation and growth and fostering entrepreneurial winning cultures. I couldn’t be more thrilled to once again join him and look forward to being part of a dynamic and inspiring team.”

“The Board of Directors welcomes Misty as she joins a notable and experienced leadership team that is thriving in a market fueled by 5G, FTTx and software defined networking solutions,” said Barbara Carbone, member of the Board of Directors. “DZS is better positioned than ever before to take market-share in today’s burgeoning communications industry, and with this seasoned management team in-place, we look forward to what the next twelve months and beyond will bring for the company.”

For more information on DZS and its leadership team, visit https://dzsi.com/.

About DZS

DZS Inc. (NSDQ: DZSI) is a global leader in optical and packet-based mobile transport, broadband access and software defined networking solutions. With more than 20 million products in service and customers and alliance partners spanning more than 100 countries, DZS is helping many of the world’s most advanced and innovative service providers and enterprises leverage the power of 5G, 10gig fixed broadband, and software-defined networks to deliver cutting-edge services and lead in their markets.

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