Light Reading Names the Leading Lights of the Telecom Industry

Winners of the third annual Leading Lights Awards unveiled

PRNewswire
NEW YORK
Nov 16, 2006

NEW YORK, Nov. 16 /PRNewswire/ -- Light Reading (http://www.lightreading.com/ ), the world's leading online publication for the telecom industry, today announced the winners of its Leading Lights Awards, recognizing companies and their executives for their outstanding achievements in the telecom industry.

Light Reading received more than 300 awards nominations for the third annual Leading Lights Awards. The winners survived three months of scrutiny and debate by a staff of more than 20 editors and analysts from Light Reading and its leading market-research division, Heavy Reading.

The winners are listed below by category:

Best Leadership (Public Company): This award was intended for the CEO or senior executive who has demonstrated the greatest qualities of leadership, technological vision, and financial acumen when guiding his/her public company. Unfortunately, we couldn't find somebody who stepped up to fit the bill.

The Winner: No award given in 2006

Best Leadership (Private Company): This award went to the CEO or senior executive who has demonstrated the greatest qualities of leadership, technological vision, and financial acumen when guiding his/her private company or startup.

The Winner: Kevin Sheehan, CEO, Hatteras Networks

Best New Product (Public Company): This award went to the public company that has developed a market-leading product that, through engineering and technical excellence, best enables the deployment of profitable next-generation telecommunications services.

The Winner: Juniper Networks' MX960

Best New Product (Private Company): This award went to the private company that has developed a market-leading product that, through engineering and technical excellence, best enables the deployment of profitable next-generation telecommunications services.

The Winner: 2Wire's HomePortal iNID

Best Investment Potential (Public Company): This award went to the public company that represents the best long-term potential return on investment by virtue of solid management, product development, and market growth potential.

The Winner: Verizon Communications

Top IPO Candidate (Private Company): This award went to the private company that most clearly has the management, products, and financial stability to launch a successful IPO on its own terms within the next 12 months.

The Winner: Cedar Point Communications

Best M&A Strategy (Public Company): This award went to the public company that has consistently demonstrated good timing, judgment, and execution in high-profile acquisitions.

The Winner: Level 3 Communications

Best New Service (Public Company): This award went to the public service provider or carrier that has most successfully deployed a market-leading, revenue-generating service based on next-generation telecommunications technology.

The Winner: AT&T's U-verse

Best New Service (Private Company): This award went to the private service provider or carrier that has most successfully deployed a market-leading, revenue-generating service based on next-generation telecommunications technology.

The Winner: Yipes Enterprise Services' FinancialConnect!

Best Marketing (Public Company): This award went to the public company that has best communicated a specific technology vision and/or business proposition to customers and investors, especially in cases where the company has defined and led the market.

The Winner: Cisco Systems

Best Marketing (Private Company): This award went to the private company that has best communicated a specific technology vision and/or business proposition to customers and investors, especially in cases where the company has defined and led the market.

The Winner: Strix Systems
Contact:
Scott Raynovich
Editor in Chief, Light Reading
rayno@lightreading.com
(212) 925-0020 x103
About Light Reading

Founded in 2000, Light Reading Inc. (http://www.lightreading.com/ ) is the ultimate source for technology and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. It reaches an extensive audience of executives and technologists within the telecom and enterprise networking communities, as well as the financial/industry analysts and investors who track these sectors. Light Reading was acquired by United Business Media in August 2005, and operates as a unit of CMP Technology.

About CMP Technology

CMP Technology (http://www.cmp.com/ ) is a marketing solutions company serving the technology industry. Through its market-leading portfolio of trusted information brands, CMP has earned the confidence of more technology professionals than any other media company. As a result, CMP is the premier provider of access, insight and actionable programs designed to connect sellers and buyers in ways that yield superior return on investment. CMP Technology is a subsidiary of United Business Media (http://www.unitedbusinessmedia.com/ ), a global provider of news distribution and specialist information services with a market capitalization of more than $3 billion.

SOURCE: Light Reading

CONTACT: Scott Raynovich, Editor in Chief of Light Reading,
+1-212-925-0020 x103, rayno@lightreading.com

Web site: http://www.lightreading.com/
http://www.cmp.com/
http://www.unitedbusinessmedia.com/


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