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IT Systems: Tollgrade Names New CEO

June 11, 2010 (FinancialWire) — Tollgrade Communications, Inc. (NASDAQ: TLGD) said that Edward H. Kennedy, 55, has been appointed chief executive officer and president.

Kennedy has served on Tollgrade's board of directors since June 2009 and was elected chairman of the board in March 2010. Kennedy will continue to serve as Tollgrade's chairman.

Kennedy was recently chairman, CEO and president of Rivulet Communications, Inc., a video networking equipment company. Previously, Kennedy held executive positions in leading telecom companies such as Tellabs, as president, and Ocular Networks, as CEO and president, as well as other executive-level positions at Alcatel and Newbridge Networks.

Kennedy succeeds Joseph Ferrara as the company's chief executive, a position he had held since November 2007. Ferrara has left the company to pursue other opportunities.

Tollgrade Communications designs, engineers, markets and supports centralized test systems, test access and next generation network assurance technologies.

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