PITTSBURGH, Nov. 30 /PRNewswire-FirstCall/ -- Tollgrade Communications, Inc. (Nasdaq: TLGD), a leading supplier of network service assurance products and solutions, today announced that its Board of Directors approved the appointment of Michael D. Bornak as the Company's chief financial officer and treasurer. Bornak, a senior finance executive with more than 20 years of experience in public and private companies, has been serving as Tollgrade's interim CFO since September of this year. His appointment is effective immediately.

"In the past few months, Mike Bornak has been instrumental in implementing changes and streamlining processes that will support our strategic initiatives going forward," said Joseph Ferrara, Chairman, President and Chief Executive Officer. "His financial expertise and extensive experience will be an asset to us as we continue our efforts to achieve profitability and drive growth," added Ferrara.

Most recently, Mike Bornak was chief financial officer for Solar Power Industries, a fully-integrated solar company. Previously, he was chief financial officer and secretary for MHF Logistical Solutions serving the nuclear and hazardous/non-hazardous waste industries. He also served as Vice President of Finance and CFO for Portec Rail Products, a publicly-traded railroad and material handling supplier. He began his career in finance at the accounting firm of Ernst & Young.

About Tollgrade

Tollgrade Communications, Inc. is a leading provider of network service assurance products and services for centralized test systems around the world. Tollgrade designs, engineers, markets and supports centralized test systems, test access and next generation network assurance technologies. Tollgrade's customers range from the top telecom providers, to numerous independent telecom and broadband providers around the world. Tollgrade's network testing, measurement and monitoring solutions support the infrastructure of telecom companies, as well as for power distribution companies. For more information, visit Tollgrade's web site at www.tollgrade.com.

SOURCE Tollgrade Communications, Inc.