Sunnyvale, Calif.--May 26, 1998--Cygnus Solutions (Sunnyvale) announced that it has named Alex Daly as president and CEO.
Daly, 37, had been senior vice president worldwide sales and corporate marketingand chief marketing officer at C-Cube Microsystems, Inc. In these positions, he wasresponsible for growing sales in consumer, PC, digital set-top box and professional videocreation business segments. These businesses had combined fiscal year 1997 revenues inexcess of $320 million.
In addition, Tom Barton will be promoted tothe newly created position of senior vice president of operations effective immediately. Inthis position, Barton will have worldwide responsibility for managing all aspects ofcorporate operations including customer service. Barton was acting interim president andCEO.
Prior to C-Cube Microsystems, Daly spent four years with Intel Corporation, wherehe was most recently the director of marketing for the Mobile Computing Group. Beforethat, he was the strategic marketing manager for the Standard ICs Division atSTMicroelectronics. Daly also held various positions in computer design andarchitecture at Texas Instruments, Honeywell Inc., and E-Systems.
Daly earned a bachelor's degree in electrical engineering from the University ofMiami and his MBA from the University of Dallas.
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