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Malachite Plans to Light Up SANs: Page 3 of 4

Even so, Welts believes there is plenty of room for one more. “We will fill a very large gaping hole in Nortel’s optical business,” he says. “And the others have been around forever and still aren’t doing it.”

More specifically on the personnel front, John Simmons, CEO and president of Malachite, worked with Lucent Technologies Inc. (NYSE: LU), Marconi Communications PLC (Nasdaq/London: MONI), and Nortel as a management consultant with Pittiglio Rabin Todd & McGrath (PRTM) .

Malachite’s VP of optical engineering, Dr. Stephen R. Chinn; Doug Marquis, CTO; and John D Moores, chief scientist, were all at MIT Lincoln Laboratory’s advanced network group.

The Cabletron exiles include Bill Proulx, VP of electronic engineering, who led Cabletron’s development of ASIC chipsets for Layer 3 switching; and Paul Marichal, VP of software engineering, who led Cabletron’s software team.

Malachite’s sales and marketing teams also hail from Cabletron, namely Mike Welts, who was director of marketing there but most recently worked for

Ellacoya Networks Inc.. Well known for his grand marketing schemes, Welts also launched Unisphere Networks Inc. (Nasdaq: UNSP) to much fanfare, so expect a big bang when Malachite eventually emerges.