IPC Systems Names Industry Veteran Peter Brucia as Global Head of Data Sales

JERSEY CITY, N.J., Dec. 6, 2011 /PRNewswire/ -- IPC Systems, Inc., a leading provider of trading communications solutions to the world's top financial services firms, today announced the appointment of Peter Brucia to Vice President of Sales, focused on increasing data services worldwide.

In this newly created position, Brucia is responsible for developing and managing strategic relationships with global enterprises.  He will also work with IPC's engineering team in developing new data connectivity services. Brucia brings more than 30 years of experience within telecommunications, technology and the financial services industries. Most recently, Brucia was responsible for global account management at BT Radianz. He has also led data connectivity product development teams and is credited on 2 patent applications.  Previously, he held sales and marketing positions focused on the financial sector at MCI.

"Our electronic trading and enhanced voice services are growing, and Pete's deep knowledge of the market and his experience in developing strategic relationships will help ensure continued growth," David Brown, senior vice president for Network Services Operations, said.  "I am delighted that Peter has joined the IPC team and look forward to having him on-board as an invaluable asset in accelerating the growth of our DirectConnect and Connexus extranet services."

Brucia's appointment continues IPC's expansion of its data connectivity services. In addition to the recent hiring of Tim Carmody as Vice President of Global engineering, IPC has expanded its Network Services engineering and customer support staff.  In addition, IPC recently launched Connexus, the company's financial extranet service.

"It's an exciting time to join IPC," Peter Brucia said.  "The company is innovative and expanding its data connectivity services to provide customers with the tools they need to trade more effectively and grow their businesses.  The most recent example is the launch of the Connexus extranet service which provides customers with access to a range of trade lifecycle services over a single secure connection."

About IPC

IPC Systems offers high and low touch trading communications solutions to the global financial trading community including the top investment banks, hedge funds and investment managers in established and emerging markets. With 100% focus on this sector and nearly 40 years of expertise and an unrivaled record of innovation, IPC provides customers with unified solutions that support collaborative voice trading and real-time electronic trading and market data connectivity.  IPC's market-leading offerings include the first unified communications/application platform, award-winning hard and soft turrets, electronic connectivity services including enhanced voice services, business continuity solutions, and follow-the-sun service and support. IPC's global reach extends to more than 58 countries – including a Financial Extranet of 4,000 on-net locations in over 700 cities and more than 115,000 turrets deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 1,000 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.

SOURCE IPC Systems, Inc.