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DASAN Zhone Solutions Appoints David R. Schopp to Board of Directors

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OAKLAND, Calif., Aug. 16, 2018 (GLOBE NEWSWIRE) -- DASAN Zhone Solutions, Inc. (NASDAQ:DZSI), a global leader in fiber access transformation for enterprise and service provider networks, announced the appointment of David R. Schopp, Operating Partner for Stonebridge Partners, to its board of directors effective August 13, 2018.

"We are very pleased to have David join our board and look forward to his contributions," said Yung Kim, CEO, DASAN Zhone Solutions. "David is a superior business leader who understands our company's vision to empower global advancement by shaping the Internet connection experience of the future. His experience building companies and advising Fortune 500 companies will be valuable to DZS as we lead the way to the new generation of broadband solutions."

Since 2004, Mr. Schopp serves as an Operating Partner for the Private Equity firm Stonebridge Partners and is also a General Partner in Fund IV. David was previously President and CEO of Orbis Corporation, a division of Menasha Corp., a manufacturer of plastic returnable containers and logistics management. Prior to Orbis he was Vice President and General Manager of Promo Edge, also a division of Menasha Corp. David has built and sold several of his own portfolio companies including US Sample Company, Bates Inc., and Congress Packaging. He was previously a consultant with Booz, Allen & Hamilton.

Mr. Schopp is currently Chairman of the Board of Directors of Cast Crete, a manufacturer of concrete lintels, Hydraulex Global, an aftermarket manufacturer of hydraulic pumps, and Specialty Bakers, a commercial bakery. David has held numerous prior board positions, including as Chairman of the Board of Directors of American Dryer Corporation, Inland Pipe Rehabilitation, Alpine Engineering, and Corbi Plastics. He holds both a B.S. and an M.S., both in Aeronautical Engineering, from Rensselaer Polytechnic Institute.

With the appointment of Mr. Schopp, DZS's Board of Directors consists of 7 members, including: Min Woo Nam, Chairman, DASAN Group; Il Yung Kim, Chief Executive Officer, DZS; Michael Connors, Director, The Connors Foundation and former President of AOL Technologies; Seong Gyun Kim, Executive Director, FTenE; Rolf Unterberger Managing Director of RMU CAPITAL GmbH and Managing Partner of Executive Interim Partners GmbH; and Sung Bin Park, Co-Founder and Managing Director, Translink Capital.

For the latest information on DZS and its leadership, please visit our new investor relations website
https://investor-dzsi.com/

About DASAN Zhone Solutions, Inc.
DASAN Zhone Solutions, Inc. (NASDAQ:DZSI) is a global leader in network access solutions for service provider and enterprise networks. The company provides a wide array of reliable, cost-effective networking technologies—including broadband access, Ethernet switching, Passive Optical LAN, and software-defined networks—to a diverse customer base that includes more than 1,000 of the world's most innovative network operators. DASAN Zhone Solutions is headquartered in Oakland, California, with operations in more than 20 countries worldwide.

DASAN Zhone Solutions, the DASAN Zhone Solutions logo, and all DASAN Zhone product names are trademarks of DASAN Zhone Solutions, Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or products names are all subject to change without notice.

Media Contact

DASAN Zhone Solutions
Mario Blandini
Phone +1 510.777.7044
Fax +1 510.777.7001
mblandini@dasanzhone.com

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