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Thomas A. Corcoran Joins ONPATH Technologies as Chairman of the Board

Supports the company's continued growth initiatives and corporate development


News provided by

ONPATH Technologies

Oct 04, 2010, 10:07 ET

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MARLTON, N.J., Oct. 4 /PRNewswire/ -- ONPATH Technologies, the leader in scalable connectivity and monitoring solutions for high performance networks, today announced that it has appointed Thomas (Tom) A. Corcoran as Chairman of its Board of Directors. Mr. Corcoran currently serves as a senior advisor to the Carlyle Group, one of the world's largest private equity firms, and is president of Corcoran Enterprises, LLC, a management-consulting firm. As Chairman, Mr. Corcoran will provide guidance to ONPATH and governance to its current Board of Directors.

(Logo: http://photos.prnewswire.com/prnh/20100927/NY71513LOGO )

(Logo: http://www.newscom.com/cgi-bin/prnh/20100927/NY71513LOGO )

Before becoming a senior advisor, Mr. Corcoran was president and CEO of Gemini Air Cargo, a Carlyle Group Company, where he successfully led their business restructuring. Currently, for The Carlyle Group, he is a director of ARINC, Inc., a global leader in transportation communications and systems engineering services. Prior to his roles with Carlyle, Mr. Corcoran was president and CEO of Allegheny Teledyne Inc., leading them through their restructuring into three separate public companies. He also served as president and COO of Lockheed Martin's Electronics and Space sectors, and president of the Electronics Group of Martin Marietta, a position he assumed following the sale of GE Aerospace to Martin Marietta.

Mr. Corcoran began his career at General Electric Company where he was elected a corporate officer and rose to the number two position in G.E. Aerospace as Vice President and General Manager, GE Aerospace Operations. Mr. Corcoran currently serves on the boards of three US-listed public companies: L-3 Communications, REMEC, Inc. and LaBarge, Inc. He is also a director with Aer Lingus, Ltd. headquartered in Ireland, and UK-based Serco, Ltd. He is a member of the Board of Trustees of Stevens Institute of Technology and is a Trustee Emeritus at Worcester Polytechnic Institute.

"Tom brings a valuable combination of executive leadership and extensive industry background to the Board," said Brian McCann, CEO for ONPATH. "The company will benefit greatly from his experience with growing companies in both the large-scale commercial and Federal business sectors. I look forward to working with him as we continue to enhance ONPATH's market position and fuel our growth in areas such as Cloud Networking, Test Lab Automation, Network Monitoring, and Cyber Security applications."

"I am excited to assume the role of Chairman at ONPATH, particularly at this important stage in the company's growth," said Mr. Corcoran. "I am very encouraged by the proven track record of their solutions and the broad market opportunities that their new UCS 3900 and HorizON Software present for both Federal and commercial customers."

Mr. Corcoran will join ONPATH's current Board of Directors: Jim Huston of Blueprint Ventures, Oded Weiss of L-Capital Partners, Michael Frendo of Infinera Corporation, and Brian McCann from ONPATH Technologies.

About ONPATH

ONPATH Technologies is the leading provider of scalable connectivity and monitoring solutions for high-performance networks. ONPATH's Universal Connectivity System and management software deliver an advanced platform that automates and secures data center and test infrastructure to help network managers conserve time, increase utilization, and save money compared to manual patching or complex mesh switching architectures. ONPATH currently has over one million installed ports throughout Fortune 1,000 and Government customers. For more information, visit www.onpathtech.com.

SOURCE ONPATH Technologies

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