Former webMethods, Inc. Executive Brings Corporate, Securities and Mergers and Acquisitions Expertise
GAITHERSBURG, MD, January 11, 2006 - BroadSoft, Inc., the leading provider of VoIP application software, today announced the appointment of Gary M. Ford as vice president and general counsel. Ford joins BroadSoft from webMethods, Inc., a business integration and optimization software company, where he served as vice president and deputy general counsel, handling securities reporting and compliance, corporate governance, corporate affairs and risk management matters. Previously, he served as vice president and general counsel of AXENT Technologies for five years, spanning its initial public offering, acquisitions of public and private companies, a spin-off of legacy operations and a variety of technology partnering and distribution arrangements.
Ford will direct BroadSoft's corporate affairs, guiding its implementation of corporate governance policies and best practices to comply with Sarbanes-Oxley requirements, and supporting BroadSoft's design and implementation of internal controls on financial reporting. He also will be responsible for legal matters as BroadSoft expands its international operations, intellectual property portfolio and technology alliances.
"Gary brings a depth of legal and corporate governance experience and global software technology expertise to BroadSoft," said Michael Tessler, president and CEO of BroadSoft. "With his background in securities, corporate matters, IP protection and risk management, Gary is ideally suited to support BroadSoft's anticipated growth and the further development of our global operations and partner relationships."
Ford also brings to BroadSoft over 25 years of experience representing companies in public offerings, public company reporting and compliance, corporate and technology acquisitions, technology distribution and partnering transactions and equity incentive arrangements. His experience also includes developing and implementing intellectual property protection arrangements for worldwide patent, trademark, copyright and trade secret protection, licensing and enforcement.
"BroadSoft is the global leader in VoIP application software and is at the leading edge of VoIP technology and innovation," said Ford. "I am very excited to be joining the momentum of this rapidly growing company and adding my skills to our experienced executive team of telecom and enterprise software veterans. I look forward to developing and supporting BroadSoft's growing global presence, expanding our relationships with industry leaders and being a part of BroadSoft's success."
Ford holds a Bachelor of Arts degree with honors from the University of Iowa and a Juris Doctor degree from the Georgetown University Law Center.
BroadSoft's VoIP application software is revolutionizing the delivery of hosted telephony and multimedia services. Its flagship BroadWorks® technology empowers wireless and wireline carriers to deliver next-generation voice and multimedia applications and advanced features that increase revenue, enhance competitive differentiation and elevate customer satisfaction. BroadSoft's family of carrier-class software products delivers the scale, open architecture and reliability that the world's leading telecommunications companies demand to serve mission-critical enterprise and residential broadband customers. BroadSoft's customer base of 150 network operators, including BellSouth, Korea Telecom, MCI, Singtel, Telstra, T-Systems, Verizon and XO Communications, leads the industry with more than 1,750,000 lines deployed. www.broadsoft.com