June 16, 2011 at 09:00 AM EDT
Capella Intelligent Subsystems Adds Two New Board Members

Capella Intelligent Subsystems, the leading provider of wavelength selective switches (WSS) for use in reconfigurable optical add/drop multiplexer (ROADM) and optical cross connects, today announced two additions to the company’s Board of Directors. Niel Ransom, President and CEO of Ransomshire Associates, Inc., and Jeff Karras, Managing Director, SingTel Innov8 Ventures LLC, have already begun working closely with current Board members on the strategic direction for the Company.

“We are extremely pleased to welcome Niel and Jeff to the Capella Board,” said Larry Schwerin, CEO of Capella Intelligent Subsystems. “Both individuals bring vast experience to our team and offer valuable strategic counsel and management expertise. Their contributions will be invaluable as Capella moves into an important growth phase.”

About Niel Ransom

Dr. Niel Ransom is President and CEO of Ransomshire Associates, an advisory firm he founded in 2005. Niel brings over 35 years of experience in the telecommunications industry in leadership positions in both operational and strategic roles. As worldwide CTO of Alcatel and member of its Executive Committee, he directed Alcatel research, corporate strategy, intellectual property, and R&D investment. M&A activities included the acquisition of TiMetra, Spatial Communications, eDial, PacketVideo, Thirdspace, iMagicTV, Right Vision, Telera, Aravox, WaterCove, and Native Networks. He previously directed Alcatel’s access and metro optical business in North America. Earlier in his career, he directed the Advanced Technology Systems Center at BellSouth, an organization responsible for expanding BellSouth’s offerings into PCS wireless; IP services, video, and advanced intelligent networks. He started his career at Bell Laboratories where he headed various development and applied research organizations in advanced services and in voice and data switching.

About Jeff Karras

Jeff Karras is a Managing Director with SingTel Innov8 Ventures LLC where he leads the fund’s North American investment activities. Prior to joining Innov8, Jeff was a General Partner at Levensohn Venture Partners where he spent 10 years investing in early to expansion stage companies in software, semiconductor, and communications technologies. Past investments include Atheros (Nasdaq: ATHR), Covigo (acquired by Symbol), Veraz Networks (Nasdaq: DLGC), Informative (acquired by SatMetrix), Radiance (acquired by Comcast), Rapt (acquired by Microsoft), Reconnex (acquired by McAfee), Plum (acquired by Nokia), and ShotSpotter (private).

About Capella Intelligent Subsystems

Capella is the industry leader of wavelength selective switch (WSS) technology for use in reconfigurable optical add/drop multiplexers (ROADM) and optical cross connect (OXC) applications. Capella's patented CRx® and WavePath® products provide the best performing WSS on the market offering dynamic, remote reconfigurability with fully integrated optical channel monitoring (OCM) for simplifying network operations and planning, while dramatically reducing costs. Capella's products are used in both metro and long haul applications. Founded in 2000, Capella is a privately held company located in San Jose, California. For more information, go to: www.capellainc.com.

Contacts:

Capella Intelligent Subsystems
MEDIA CONTACT:
Pacific Bridge Marketing
Rebecca B. Andersen, 202-596-2652
RAndersen@PacificBridgeMarketing.com
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