John M. Slusser
(Chief Executive Officer, President, and Chairman)

Performance Technologies, Inc was set up in 1981 and now is based in Rochester, New York. The company engages in network communications solutions, telecommunications, and military, aerospace and government systems. In January 2011, Performance Technologies acquired GENBAND's Universal Signaling Platform (USP) and SP2000 signaling technology.

On December 13, 2013, Sonus Networks, Inc. and Performance Technologies entered into a definitive merger agreement, under which Sonus will acquire PT for $3.75 per share in cash, or approximately $30 million.

SEGway Signaling Solutions
SEGway Signaling Solutions provide integrated signaling, routing, IP migration, gateway capabilities, session initiation protocol (SIP) bridging, and distributed intelligence for 4G LTE and IMS telecommunications networks.
Monterey and IPnexus Application-Ready Platforms
These platforms are built on PT's hardware combined with PT's NexusWare Carrier Grade Linux operating system, enabling a range of IP (Internet protocol)-interworking in data acquisition, sensor, radar, and control applications for aviation, weather, and other infrastructure networks. PT's Monterey 8000 platform is the newest Monterey MicroTCA products.
Xpress SIP Applications
The Company's Xpress NGN (next-generation network) applications enable Mobile 2.0, Multi-media, and IMS-based revenue-generating services. There are mainly four Xpress applications: Prepaid/Postpaid services, Voice Messaging, Private Network Cost Optimizer and Telemarketer Guard.

In December 2013, Sonus Networks, Inc. reached an agreement to acquire Performance Technologies, Inc. for $3.75 per share in cash, or approximately $30 million, net of PT's cash and excluding acquisition-related costs. This acquisition aimed at improving Sonnus's integrated, virtualized Diameter and SIP-based solution by the help of PT's IP-centric Segway.