Wireless Telecom Group Adds Joseph Manko to Board of Directors
July 02 2019 - 4:15PM
Business Wire
Wireless Telecom Group, Inc. (NYSE American: WTT) today
announced the appointment of Joseph Manko to serve as an
independent member of its Board of Directors.
Mr. Manko is an experienced Board member and senior principal at
Horton Capital Management LLC, the investment manager for the
Horton Capital Partners Fund, LP, a significant shareholder in the
Company. Mr. Manko has over 20 years of investment experience in
the asset management, investment banking, private equity and
corporate securities markets. He previously served as a Partner and
Chief Executive Officer of Switzerland-based BZ Fund Management
Limited, where he was responsible for corporate finance, private
equity investments, three public equity funds and the firm’s
Special Situations and Event-Driven strategies. Prior to that, Mr.
Manko was a Managing Director at Deutsche Bank in London and a Vice
President at Merrill Lynch in Hong Kong. He began his career as a
corporate finance attorney at Skadden Arps.
Alan Bazaar, Chairman of Wireless Telecom Group, commented, “We
are pleased to welcome Joe to our Board and believe his financial
and strategic expertise will be complementary to the strengths of
our current board members. 2018 was a record year for WTT and we
remain well positioned to capitalize on the increasing marketplace
demand for wireless connectivity. We’re excited about the
opportunities we’re seeing related to private LTE deployments,
increased defense spending, network densification and 5G rollout.
We look forward to Joe’s contributions as we execute our growth
strategy and focus on continuing to drive operational excellence in
our business.”
Joseph Manko commented, “WTT has accomplished some very
important milestones and I’m excited to work with the Board and
senior management to build on the solid operational platform
they’ve established which has generated double-digit revenue growth
over the last two years. With its ability to provide customized
solutions for increased wireless connectivity in growing market
segments, WTT is at an inflection point with significant potential
to become a much larger company in the years to come and I look
forward to helping facilitate that growth.”
About Wireless Telecom Group, Inc.
Wireless Telecom Group, Inc., comprised of Boonton
Electronics, CommAgility, Microlab and Noisecom, is a global
designer and manufacturer of advanced radio frequency and microwave
components, modules, systems and instruments. Serving the wireless,
telecommunication, satellite, military, aerospace, semiconductor
and medical industries, Wireless Telecom Group products enable
innovation across a wide range of traditional and emerging wireless
technologies. With a unique set of high-performance products
including peak power meters, signal analyzers, signal processing
modules, LTE PHY and stack software, power splitters and combiners,
GPS repeaters, public safety monitors, noise sources, and
programmable noise generators, Wireless Telecom Group supports the
development, testing, and deployment of wireless technologies
around the globe. Wireless Telecom Group is headquartered in
Parsippany, New Jersey, in the New York City metropolitan area, and
maintains a global network of Sales and Service offices for
excellent product service and support. Wireless Telecom Group’s
website address is http://www.wtcom.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190702005617/en/
Mike Kandell (973) 386-9696
Or
John Nesbett or Jen Belodeau IMS Investor Relations (203) 972
9200 jnesbett@institutionalms.com
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