Stevens Trustee Frank Ianna nominated to join Tellabs Board of Directors

HOBOKEN, N.J. — Tellabs and Advanced Fibre Communications (AFC) announced Wednesday that Frank Ianna, director of AFC since February 2004 and retired president of AT&T Network Services, who is both an alumnus and a trustee of Stevens Institute of Technology, has been nominated to join Tellabs’ board of directors, after the closure of their pending merger. Ianna will fill the board seat John Schofield, CEO of Advanced Fibre Communications, was to take as part of the Tellabs/AFC merger. Schofield is stepping aside due to family reasons.

Ianna served at AT&T for more than 30 years, beginning as a member of technical staff at Bell Telephone Laboratories. In 1971, he received a Bachelor of Science degree in electrical engineering from Stevens Institute of Technology and a Master of Science degree in electrical engineering from MIT.

The AFC stockholder meeting to approve the merger is scheduled for Tuesday, Nov. 30. It is anticipated that the closing will occur promptly after this meeting, assuming AFC stockholders approve the merger.

About Tellabs

Headquartered in Naperville, Ill., Tellabs delivers technology that transforms the way the world communicates™. Tellabs experts design, develop, deploy and support our solutions for telecom service providers in more than 100 countries. More than two-thirds of telephone calls and Internet sessions in several countries, including the United States, flow through Tellabs equipment. Their product portfolio provides solutions in next-generation optical networking, managed access, carrier-class data, voice quality enhancement and cable telephony.

About AFC

Headquartered in Petaluma, Calif., AFC is a leading provider of broadband access solutions for the global telecommunications industry. With a customer base of more than 800 service providers worldwide, AFC continues to build and support the world’s evolving broadband access network architecture.

About Stevens Institute of Technology

Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.

Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,150 undergraduate and 3,500 graduate students, with about 250 full-time faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.  

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