Carl A. Thomsen Joins PCTEL as Board Member to Help Manage Company's Rapid Growth and Financing
Carl A. Thomsen Joins PCTEL as Board Member to Help Manage Company's Rapid Growth and Financing
April 17, 2001
“Carl brings over 30 years of financial experience to PCTEL's board,” said Bill Roach, president and CEO of PCTEL. “His extensive background in financial management will be a real asset to PCTEL's efforts in increasing our market share through strategic and financial planning. He will guide us in keeping our company financially robust as we expand our product portfolio and grow in the Internet access industry.”
Thomsen currently serves as senior vice president, chief financial officer and corporate secretary at DMC Stratex Networks Inc., a manufacturer of wireless communication equipment. Prior to joining DMC Stratex Networks Inc., Thomsen's career included senior vice president and chief financial officer positions at Measurex Corporation, a process control systems company (now a subsidiary of Honeywell International). Prior to Measurex, Thomsen was at Ampex Corporation, an audio-video systems company, in various senior financial positions, and with Arthur Andersen LLP.
“PCTEL is a unique company that has demonstrated an ability to both introduce new technologies to the market place and be profitable at the same time,” noted Thomsen. I am very pleased to have been appointed to PCTEL's board of directors to support the management team. As a technology industry veteran with a strong financial background, I look forward to helping sustain PCTEL's remarkable growth and assisting the company with their strategic plans.”
Thomsen earned his MBA from the University of Michigan and his bachelor's in business administration from Valparaiso University in Valparaiso, IN. He is also a certified public accountant.
ABOUT PCTEL
PCTEL, founded in March 1994, is driving the evolution of innovative, cost-effective personal connectivity solutions including analog soft modems, digital broadband, home networking, high-density carrier-side and embedded Internet access technology. The company's market leadership has led to a wide ranging and comprehensive portfolio of more than 43 broadband and analog communications patents, including the key and essential patents for HSP modem technology. PCTEL products are available to PC and data communications equipment manufacturers, as well as a variety of vertical market OEMs. PCTEL is located at 1331 California Circle, Milpitas, Calif., 95035. Telephone: (408) 965-2100. Fax: (408) 895-0178. For more information on PCTEL products, visit the PCTEL website at http://www.pctel.com.
PCTEL
Safe Harbor Statement
This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995, regarding the company's current management and the expansion of PCTEL's broadband, embedded and wireless Internet access market sectors. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to; the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new products; margin erosion of the company's and its customers' products, the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but are not limited to those detailed from time to time in the company's Securities and exchange Commission filings. These-forward looking statements are made only as of the date hereof, and the company disclaims any obligation to update or revise the information contained in any forward-looking statements, whether as a result of new information, future events or otherwise.