Resonant Announces Change to Its Executive Management Team
January 10 2017 - 8:30AM
Business Wire
Terry Lingren Announces Retirement
Resonant Inc. (NASDAQ: RESN) announced today that Terry Lingren,
the company’s CEO, board member and one of its founders, will
retire from his positions with the company and George B. Holmes,
the company’s President, Chief Commercial Officer and board member
has been named his successor. Holmes will assume the new role
effective immediately, while Lingren will be available to ensure a
smooth transition.
“George is an outstanding choice for Resonant’s CEO,” said John
Major, Resonant chairman. “Since joining Resonant in February 2016,
George has effectively led our go-to-market strategies which have
resulted in greater than 20 projects under development with 6
customers. Additionally, he has driven the development of our
long-range strategic plan, as well as the strategies that have
successfully financed our business. In 2017, we look forward to
George leading Resonant through its next stage of
commercialization.”
“Terry has been with Resonant and served as the Company’s CEO
since it was founded in May 2012,” said Major. “We thank Terry for
his vision, leadership and many contributions in forming the
company and bringing it to this stage of development. We wish him
the very best in his retirement.”
About Resonant Inc.
Resonant is creating innovative filter designs for the RF
front-end, or RFFE, for the mobile device industry. The RFFE is the
circuitry in a mobile device responsible for the radio frequency
signal processing and is located between the device’s antenna and
its digital baseband. Filters are a critical component of the RFFE
that selects the desired radio frequency signals and rejects
unwanted signals and noise.
About Resonant’s ISN® Technology
Resonant can create designs for hard bands and complex
requirements that we believe have the potential to be manufactured
for half the cost and developed in half the time of traditional
approaches. The Company’s large suite of proprietary mathematical
methods, software design tools and network synthesis techniques
enable it to explore a much bigger set of possible solutions and
quickly derive the better ones. These improved filters still use
existing manufacturing methods (e.g. SAW) and can perform as well
as those using higher cost methods (e.g. BAW). While most of the
industry designs surface acoustic wave filters using a
coupling-of-modes model, Resonant uses circuit models and physical
models. Circuit models are computationally much faster, and
physical models are highly accurate models based entirely on
fundamental material properties and dimensions. Resonant’s method
delivers excellent predictability, enabling achievement of the
desired product performance in roughly half as many turns through
the fab. In addition, because Resonant’s models are fundamental,
integration with its foundry and fab customers is eased because its
models speak the “fab language” of basic material properties and
dimensions.
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version on businesswire.com: http://www.businesswire.com/news/home/20170110005571/en/
Investor Relations:MZ North AmericaGreg Falesnik,
1-949-385-6449Greg.Falesnik@mzgroup.us
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