Terayon Appoints Mark A. Richman as Chief Financial Officer

Terayon Appoints Mark A. Richman as Chief Financial Officer

SANTA CLARA, Calif., Nov. 30 /PRNewswire-FirstCall/ -- Terayon Communication Systems, Inc. (NASDAQ:TERN), a leading provider of digital video and home access solutions, today announced the appointment of Mark A. Richman, 44, as senior vice president, finance and administration and chief financial officer (CFO), effective immediately.

Richman brings over 20 years of financial management experience to Terayon. Most recently Richman served as executive vice president and CFO at Covad Communications Group, a provider of broadband voice and data communications, where he was part of the executive team brought in to lead the development and execution of the company's strategic vision post- restructuring. Richman joined Covad in 2001 from MainStreet Networks, where he was vice president and CFO. Prior to MainStreet, Richman served as vice president, finance and administration at Adecco U.S., a $3 billion operating subsidiary of Adecco S.A., and as vice president and global treasurer at Adecco S.A., where he raised over $3 billion in funding through various debt and equity transactions. Previously Richman also held several financial management positions at Merisel, Inc., and various banking positions with ING Capital, Manufacturers Hanover Trust Company, and Wells Fargo Bank.

"I am very pleased to welcome Mark to Terayon," said Jerry D. Chase, CEO, Terayon. "Mark is a proven, hands-on financial executive who has been instrumental in building and rebuilding several companies. His strong leadership and execution skills will be instrumental at this exciting time in Terayon's development, as we focus on leveraging our leadership positions in the growing video and home access markets in order to accelerate company growth and achieve sustainable profitability."

"Terayon possesses the credentials a company must have to grow and excel, including market-leading positions, exceptional products, and a good financial foundation," said Richman. "Those strengths, combined with compelling market dynamics such as the acceleration of HDTV, VOD and VoIP, position Terayon well to take advantage of the significant growth opportunities ahead. I'm excited to be joining Terayon at such a critical time, and look forward to working with Jerry and the rest of the management team to lead the company to a strong financial future."

Richman holds a Master of Business Administration degree from the University of California at Los Angeles and a Bachelor of Science degree in managerial economics from the University of California at Davis.

About Terayon

Terayon Communication Systems, Inc. provides digital video and home access solutions for broadband providers, cable companies, satellite operators and broadcasters for the delivery of advanced, carrier-class voice, data and video services. Terayon, headquartered in Santa Clara, California, has sales and support offices worldwide, and is traded on the Nasdaq under the symbol TERN. Terayon can be found on the web at www.terayon.com.

"Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995:

Except for the historical information contained herein, this news release contains forward-looking statements including statements of management's opinion or expectations. These statements are estimates and assumptions by Terayon and other parties that involve risks and uncertainties detailed from time to time in Terayon's filings with the Securities and Exchange Commission, including Terayon's 10-Q for the period ended September 30, 2004 and 10-K for the year ended December 31, 2003. Terayon is not obligated to (and expressly disclaims any obligation to) revise/update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

NOTE: Terayon and the Terayon logo are registered trademarks of Terayon Communication Systems, Inc. All other trademarks are property of their respective owners.


Source: Terayon Communication Systems, Inc.

CONTACT: press, Rebecca West of AtomicPR, +1-415-703-9454, or
rebecca@atomicpr.com; or investors, Kristin Stokan, Director, Finance of
Terayon, +1-408-486-5206, or kristin.stokan@terayon.com

Web site: http://www.terayon.com/


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