QUEBEC CITY,
Feb. 13, 2013 /CNW Telbec/ - EXFO
Inc. (NASDAQ: EXFO; TSX: EXF) announced today the appointment of
Claude Seguin to its Board of
Directors.
Mr. Seguin, who has an extensive track record of
working as a senior executive in the private and public sector, is
currently Senior Vice-President, Corporate Development and
Strategic Investments at CGI Group Inc., a leading provider of
information technology and business process services. In this role,
Mr. Seguin is responsible for all merger and acquisition
activities.
Prior to joining CGI in 2003, Mr. Seguin was
President of CDP Capital - Private Equity, a unit of the Caisse de
Depot et Placement du Quebec. From 1992 to 2000, he held the
position of Executive Vice-President, Finance and Chief Financial
Officer of Teleglobe Inc.
Mr. Seguin also had a successful career in the
public service, culminating with the title of Deputy Minister of
the Quebec Finance Ministry for five years. He sits on several
boards including COM DEV International Ltd. (retiring), HEC
Montreal and Centraide of Greater
Montreal.
The appointment of Mr. Seguin raises the number
of members on EXFO's Board of Directors to six, including five
independent members.
"I am pleased to welcome Mr. Seguin to our
Board, since he brings to the table very strong credentials in
business, acquisitions, strategic development, vision of the global
economy and software industry, along with financial expertise and
business savvy acquired over the last 20 years with technology
companies," said Germain Lamonde,
EXFO's Chairman, President and CEO. "Mr. Seguin's strong background
in corporate development, value creation and business integration
should prove to be invaluable assets as we seek to expand our
presence in the telecom industry and increase value for our
shareholders."
"I am pleased to join the Board of a high-growth
technology company like EXFO," Mr. Seguin said. "EXFO is about to
write an exciting chapter in its history, as mobile broadband
expands on an exponential basis, and I am happy to offer strategic
insights culled from my baggage of experience."
Mr. Seguin holds a master's degree and Ph.D. in
Public Administration from Syracuse
University. He also earned a bachelor's degree in Business
Administration from HEC Montreal.
About EXFO
Listed on the NASDAQ and TSX stock exchanges, EXFO is among the
leading providers of next-generation test and service assurance
solutions for wireline and wireless network operators and equipment
manufacturers in the global telecommunications industry. The
company offers innovative solutions for the development,
installation, management and maintenance of converged, IP fixed and
mobile networks—from the core to the edge. Key technologies
supported include 3G, 4G/LTE, IMS, Ethernet, OTN, FTTx, VDSL2,
ADSL2+ and various optical technologies accounting for more than
35% of the portable fiber-optic test market. EXFO has a staff of
approximately 1700 people in 25 countries, supporting more than
2000 customers worldwide. For more information, visit
www.EXFO.com.
SOURCE EXFO INC.