BOSTON, MA - July 10, 2001 - Newbury Networks, a short-range wireless software infrastructure company, is pleased to announce that Michael Maggio has joined as the President and CEO. Michael brings over 18 years of experience in all aspects of enterprise and Internet software development and management to Newbury Networks from NetMorf, Segue Software, GTE Labs, Digital Equipment Corporation and Siemens/Nixdorf Corporation.
"Michael's strong management experience will be a tremendous asset to Newbury Networks", said Reed Sturtevant, Co-founder of Newbury Networks. "Michael's deep experience in mobile enterprise applications will allow Newbury Network's customers to get full value from their wireless LAN deployments."
"I'm very excited about the opportunity at Newbury Networks," said Michael Maggio, Newbury Network's new CEO and President. "The combination of such a high caliber technical team with the support of a marquis incubator such as idealab! Boston will provide us with the business capital needed to make Newbury Networks an early leader and successful venture in the new market of wireless LAN application development."
Prior to Newbury Networks, Michael served as CEO and President of NetMorf, Inc., one of the first software companies to define the wireless data platform space. At NetMorf, Michael provided the overall vision, leadership, and direction for the company as he grew it from inception to 85 people in 18 months, securing marquis customers such as Barnes&Noble.com, ClickCommerce, and Pivotal Software, as well as winning the Crossroads A-List award for best Mobile Platform Company. Before joining NetMorf, Michael served as Senior Vice President and General Manager for Segue Software, Inc. where he helped transform a small software consulting firm with three full-time employees into a publicly-traded, independent software vendor with over 300 employees worldwide focused on automated software testing with annual revenues exceeding $50 million. Previous to Segue, Michael managed and was part of software development projects at GTE Labs, Digital Equipment Corporation, and Siemens/Nixdorf Corporation. He has been a speaker at many industry events and has published over a dozen articles over the years ranging from software application design to industry trends. Michael received his B.A. in Math/Computer Science from Stonehill College and his M.S. in Computer Science from the University of Maryland.
Newbury Networks is an early leader in the market for developing context aware mobile applications for the new wireless LAN technologies enabled by 802.11 and Bluetooth. By developing key technologies in determining space (location awareness), services (mobile application functionality), and roles (user and device identification) Newbury Networks' patent-pending software allows developers to easily design context-aware applications that provide immediate ROI for the mobile user. The Newbury Networks' solution is licensed to corporations, system integrators and independent software vendors (ISVs) targeting enterprises with mobile workflow requirements in verticals such as the healthcare, travel, retail, manufacturing and hospitality industries. Newbury Networks is an Associate Member of the Bluetooth Special Interest Group (SIG) and the 802.15 Working Group. Formed in 2000 by former Lotus, NetGenesis and Virtual Ink senior executives, the company is privately held, funded by idealab! Boston, and is headquartered in Boston, MA. More information on the company can be found at www.newburynetworks.com.
