AVCtechnologies Welcomes Michael Tessler to its Board as Chairman

Rhea-AI Summary

American Virtual Cloud Technologies (AVCT) has appointed Michael Tessler as the new Chairman of its Board of Directors. Tessler, a veteran in the technology and telecommunications sector, previously co-founded and served as CEO of BroadSoft, leading it to a $1.9 billion acquisition by Cisco. His experience includes navigating significant transitions and overseeing numerous acquisitions. AVCtechnologies is currently focusing on its cloud communications business, Kandy, to fuel growth. The company aims to enhance its service offerings in unified cloud communications, cybersecurity, and managed services.

Positive

• Appointment of Michael Tessler as Chairman, bringing extensive industry experience.
• Tessler's background includes successful transformations and acquisitions at BroadSoft.
• Focus on growing cloud communications business unit, Kandy, signaling strategic direction.

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• None.

ATLANTA, Jan. 07, 2022 (GLOBE NEWSWIRE) -- American Virtual Cloud Technologies, Inc. (AVCtechnologies) (Nasdaq: AVCT), a premier global IT solutions and cloud communications provider, today announced the appointment of Michael Tessler as Chairman of its Board of Directors.

A technology and telecommunications industry pioneer, Tessler brings more than 20 years of extensive experience growing and scaling technology businesses across the world. Tessler was the co-founder and former CEO of BroadSoft, a first mover in the foundation of a new industry, migrating enterprise communications to the cloud.

As CEO, Tessler helped to transform BroadSoft from start-up to a clear market leader, spearheading the adoption of new technology solutions with 2,000 employees servicing customers in more than 80 countries. Additionally, Tessler led BroadSoft’s navigation of significant business transitions including the company’s 2010 Initial Public Offering on Nasdaq and its eventual sale to Cisco for $1.9 billion in 2018, where he subsequently led the integration of BroadSoft into Cisco’s Collaboration business unit. Prior to co-founding BroadSoft, Tessler held numerous senior engineering, sales, and management roles at Celcore and Nortel.

This announcement comes at an exciting time of growth for AVCtechnologies which previously announced its strategic focus on the company’s cloud communications business unit, Kandy.

“We are honored to have Michael join our team as Chairman of AVCtechnologies,” said former Chairman Larry Mock. “Michael is a titan of the industry, having devoted his career to bringing advanced communication systems to market. His extensive experience leading a public cloud communications company where he completed more than 20 acquisitions will be an invaluable asset to our busines, and I look forward to working with him on AVCtechnologies’ growth strategy as a Board Director.”

“I am excited to take on this role at such an exciting time for AVCtechnologies,” said Mr. Tessler. “I am looking forward to the opportunity to work with such an incredible company and leadership team.”

About American Virtual Cloud Technologies, Inc.
American Virtual Cloud Technologies, Inc. (“AVCtechnologies”; Nasdaq: AVCT) is a premier global IT solutions provider offering a comprehensive bundle of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity. Our mission is to provide global technology solutions with a superior customer experience. In 2020, American Virtual Cloud Technologies, Inc., acquired Computex Technology Group and Kandy Communications. For more information, visit https://www.avctechnologies.com.

Contact:
Info@avctechnologies.com

FAQ

Who is the new Chairman of American Virtual Cloud Technologies?

Michael Tessler has been appointed as the new Chairman of the Board at American Virtual Cloud Technologies (AVCT).

What experience does Michael Tessler bring to AVCtechnologies?

Michael Tessler has over 20 years of experience in technology and telecommunications, including co-founding BroadSoft and leading its significant transitions and acquisitions.

How does the appointment of Michael Tessler impact AVCT's strategy?

Tessler's appointment is expected to strengthen AVCtechnologies' growth strategy, particularly in its cloud communications unit, Kandy.

What are the main services offered by American Virtual Cloud Technologies?

American Virtual Cloud Technologies offers services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity.