Cinturion Corp Ltd. (Cinturion) announced a major milestone advancing the Trans Europe Asia System (TEAS), a new generation of data transport infrastructure which will serve the rapidly growing requirements of the markets between Europe and India. Stonecourt Capital, an investment firm based in New York, will collaborate with Cinturion to develop the TEAS cable system.
TEAS represents a unique opportunity to deploy an advanced network infrastructure which will provide an integration of data transport with open market access utilizing next-generation technology and is supported by local partners in each market.
More details about the TEA cable system has not been announced yet.
According to Eric Gribetz, Managing Partner of Stonecourt Capital, the collaboration includes financial advice from Morgan Stanley Co. LLC and legal (including specific industry) experience of Greenberg Traurig, LLP.
Stonecourt Capital is a private investment firm focused on providing financial and strategic resources to facilitate the transformational growth of companies across a broad array of industries. Its principals have a long history of funding and facilitating large infrastructure projects to support some of the world’s leading companies. Stonecourt is backed by some of the largest family offices, sovereign wealth funds, and other institutional investors.
Cinturion Corp Ltd., based in Ridgewood, US, is focused on the development of new fiber-optic networks utilizing modern submarine cable systems coupled with the latest terrestrial technology for greenfield or underserved markets. The strength of Cinturion comes from its diverse and experienced members, whose profiles include that of senior management, technical, financial, project management, systems engineering and sales, and which represent all the core elements required for successfully implementing major international systems.
Cinturion's key managements include:
CHAIRMAN – Richard Marshall, distinguished for his broad experience on information and cybersecurity strategies for the Department of Defense, being a nationally and internationally recognized thought leader on cybersecurity and information related policy, legal and technical issues.
CEO – Greg Varisco, provided professional services to the telecom and oil & gas industries for more than 30 years, formerly as executive management in Aqua Com and Emerald Networks
CFO – Sammy Thomas, with a distinguished career in the profitable management of multi-million dollar telecommunication and software business with a consistent track record of success increasing revenues and improving bottom line performance.
Chief Business Development Officer – Sheridan (Dan) Liongson, with over 30 years of telecom industry experience, 20+ years experience in the subsea telecommunications industry.
CTO – John Mariano, specialized in planning, deployment and operation of undersea fiber systems, formerly executive management in David Ross Group (DRG) and DRG Undersea Counsulting Inc.
Chief Commercial Officer – Bill Marra, veteran leader on business development and commercial sales, formerly serving in Deutsche Telekom, Emerald Networks, Qwest and MCI Telecommunications.
Executive Vice President – EMEA – David Crowley, a highly experienced executive in the worldwide network industry with over 30 years of experience with unique and valuable perspectives regarding network design, architecture, capacity management, traffic engineering, deployment, scheduling and support for some of the world’s largest network infrastructures, formerly Chief Technical Advisor to Microsoft.