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AVOCENT CORPORATION ANNOUNCES SENIOR MANAGEMENT PROMOTIONS ―――――――――
Douglas E. Pritchett Named Executive Vice President of Global Marketing ―――――――――
Edward H. Blankenship Named Senior Vice President of Finance and Chief Financial Officer
HUNTSVILLE, Ala. — July 21, 2005 — Avocent Corporation (NASDAQ:AVCT) today announced two senior management promotions. Douglas (Dusty) E. Pritchett was named
Executive Vice President of Global Marketing and Edward (Teddy) H. Blankenship was named Senior Vice President of Finance and Chief Financial Officer.
“The promotions of Dusty Pritchett and Teddy Blankenship to their new
roles within Avocent highlight their contributions to the Company,” stated John R. Cooper, Chairman and CEO of Avocent. “Dusty has served as CFO of Avocent since inception and has significant experience in working with our
global operations. In his new role as head of global marketing, he will be responsible for setting the strategic focus of our marketing programs and integrating our new digital and embedded technology products into our
traditional sales channels while developing new markets for Avocent.
“Teddy Blankenship brings a strong accounting and finance background to support his new role as Avocent’s Chief Financial Officer. Since joining
our Company, he has served as our Vice President and Chief Accounting Officer and taken on increasing responsibilities in financial management. He is also backed by a strong accounting, finance and treasury staff, making
the transition between Dusty and Teddy a seamless one,” stated Mr. Cooper.
Douglas (Dusty) E. Pritchett (age 49) has been Executive Vice President of Finance, Chief Financial Officer, and Assistant Secretary since
February 2005. Prior to that, he served as Avocent’s Senior Vice President of Finance, Chief Financial Officer, Treasurer, and Assistant Secretary from Avocent’s inception in July 2000. He held the same positions at
Cybex Computer Products Corporation, one of Avocent’s predecessors, since September 1998.
Edward (Teddy) H. Blankenship (age 40) has been Vice President and Chief Accounting Officer of Avocent since joining the
Company in 2002. Prior to joining Avocent, he was a partner with PricewaterhouseCoopers LLP, where he spent 15 years in assurance and accounting services in U.S. and international offices. Most recently, he was a
partner in the firm’s Global Capital Markets Group in London. He led advisory and audit engagements for public and private multinational clients in various industries, including technology, financial services, and health
care. Mr. Blankenship was also named Assistant Secretary of Avocent Corporation.
“These changes in our senior management structure are part of our Board’s plan to extend the depth and breadth of our management
team. The promotions of Dusty and Teddy to these key positions highlight the significant talent we have at Avocent and the contributions they have made to our growth in recent years,” concluded Mr. Cooper.
About Avocent Corporation Avocent Corporation is the leading supplier of connectivity solutions for enterprise data centers, service providers and financial
institutions worldwide. Branded products include switching, extension, intelligent platform management interface (IPMI), remote access and video display solutions. Additional information is available at:
www.avocent.com.
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