Resonant Appoints Global Technology Industry Leader Glen Riley to Advisory Board
August 17 2020 - 8:31AM
Resonant Inc. (NASDAQ: RESN), a leader in transforming the way
radio frequency, or RF, front-ends are being designed and delivered
for mobile handset and wireless devices, today announced the
appointment of Glen Riley, a global technology industry leader, to
its Advisory Board.
Mr. Riley joins Resonant’s Advisory Board with
over 32 years of successful executive-level experience in the RF,
foundry, optical and storage industries. Most recently, Mr. Riley
held the role of General Manager of the Filter Solutions Business
Unit at Qorvo, where he was responsible for developing discrete and
integrated module BAW and SAW devices for mobile phones.
In his role with Resonant, Mr. Riley will bring
extensive business guidance and technology expertise to help
accelerate growth as the Company continues to revolutionize the
market for RF front-ends.
“Glen brings a wealth of knowledge and talent to
Resonant’s advisory board," said George B. Holmes, Chairman and
Chief Executive Officer of Resonant. “His unique perspective and
industry insight into RF technology solutions will be invaluable to
our breakthrough XBAR technology for 5G, and we're honored to
welcome someone with such a prestigious background to the Resonant
team.
Mr. Riley, commented: “I have seen firsthand the
impact that breakthrough technology innovation can have on
industries. What attracted me to Resonant was their ability to
leverage their ISN software tools platform, to deliver the cutting
edge suite of XBAR based filters, that were designed specifically
to meet the exacting demands of 5G, coupled with their IP standard
library of products targeted at the rapidly changing RF marketplace
in China. I look forward to working closely with the Resonant team
to help drive their business forward, creating value for all
shareholders, customers, partners and the industry as a whole.”
Mr. Riley joins the Resonant advisory board,
packed with industry veterans, Jeff Ball, Clint Brown, Ruben
Caballero, Brian Crutcher, Josh Jacobs and Luis Pineda.
- Resonant Inc. Forms Advisory Board
About Resonant Inc.Resonant
(NASDAQ: RESN) is transforming the market for RF front-ends (RFFE)
by disrupting the RFFE supply chain through the delivery of
solutions that leverage our Infinite Synthesized Network (ISN)
software tools platform, capitalize on the breadth of our IP
portfolio, and are delivered through our services offerings. In a
market that is critically constrained by limited designers, tools
and capacity, Resonant addresses these critical problems by
providing customers with ever increasing design efficiency, reduced
time to market and lower unit costs. Customers leverage Resonant’s
disruptive capabilities to design cutting edge filters and modules,
while capitalizing on the added stability of a diverse supply chain
through Resonant’s fabless ecosystem-the first of its kind. Working
with Resonant, customers enhance the connectivity of current mobile
devices, while preparing for the demands of emerging 5G
applications.
To learn more about Resonant, view the series of
videos published on its website that explain Resonant's
technologies and market positioning:
- Resonant Corporate Video
- ISN and XBAR: Speeding the
Transition to 5G
- Infinite Synthesized Networks, ISN
Explained
- What is an RF Filter?
- RF Filter Innovation
- Transforming the Mobile Filter
Supply Chain
For more information, please
visit www.resonant.com.
Resonant uses its website
(https://www.resonant.com) and LinkedIn page
(https://www.linkedin.com/company/resonant-inc-/) as channels of
distribution of information about its products, its planned
financial and other announcements, its attendance at upcoming
investor and industry conferences, and other matters. Such
information may be deemed material information, and Resonant may
use these channels to comply with its disclosure obligations under
Regulation FD. Therefore, investors should monitor the company’s
website and its social media accounts in addition to following the
company’s press releases, SEC filings, public conference
calls, and webcasts.
About Resonant’s ISN®
TechnologyResonant can create designs for
difficult bands, modules and other complex RF Front End
requirements that we believe have the potential to be manufactured
for half the cost and developed in half the time of traditional
approaches. ISN is a suite of proprietary mathematical methods,
software design tools and network synthesis techniques that enable
us to explore a much larger set of possible design solutions that
regularly incorporate our proprietary technology. We then quickly
deliver design simulations to our customers, which they manufacture
or have manufactured by one of our foundry partners. These improved
solutions still use Surface Acoustic Wave (SAW) or Temperature
Compensated Surface Acoustic Wave (TC-SAW) manufacturing methods
and perform as well as those using higher cost manufacturing
methods such as Bulk Acoustic Wave (BAW). 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 seamless because
its models speak the "fab language" of basic material properties
and dimensions.
Safe Harbor / Forward-Looking
StatementsThis press release contains forward-looking
statements, which include the following subjects, among others: the
status of filter designs under development, the capabilities of our
filter designs and software tools, the timing and amount of future
revenues, and our views on future financial performance and market
share. Forward-looking statements are made as of the date of this
document and are inherently subject to risks and uncertainties
which could cause actual results to differ materially from those in
the forward-looking statements, including, without limitation, the
following: our limited operating history; our ability to complete
designs that meet customer specifications; the ability of our
customers (or their manufacturers) to fabricate our designs in
commercial quantities; our customers’ ability to sell products
incorporating our designs to their OEM customers; changes in our
expenditures and other uses of cash; the ability of our designs to
significantly lower costs compared to other designs and solutions;
the risk that the intense competition and rapid technological
change in our industry renders our designs less useful or obsolete;
our ability to find, recruit and retain the highly skilled
personnel required for our design process in sufficient numbers to
support our growth; our ability to manage growth; and general
market, economic and business conditions. Additional factors that
could cause actual results to differ materially from those
anticipated by our forward-looking statements are under the
captions “Risk Factors” and “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” in our most
recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q)
filed with the Securities and Exchange Commission. Forward-looking
statements are made as of the date of this release, and we
expressly disclaim any obligation or undertaking to update
forward-looking statements.
Investor Relations Contact:
Greg Falesnik or Luke Zimmerman MZ Group - MZ North America (949)
259-4987 RESN@mzgroup.us
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