Vislink Appoints Industry Veteran Bill Sweeney as New Managing Director of MilGov Business Segment
January 02 2024 - 8:00AM
Vislink Technologies, Inc.
(“Vislink” or the
“Company”) (Nasdaq: VISL), a global technology leader in
the capture, delivery, and management of high quality, live video
and associated data in the media and entertainment, law
enforcement, and defense markets, today announced the appointment
of Bill Sweeney as the Managing Director of its MilGov business.
His appointment is a strategic move following Vislink’s acquisition
of Broadcast Microwave Services (BMS) assets in September 2023.
Sweeney is an esteemed leader in the Airborne
Video Downlink Systems (AVDS) industry, and he joins Vislink with
over a decade of experience in roles that transformed Troll Systems
Corporations and Broadcast Microwave Services. His contributions at
these companies were instrumental in establishing significant
domestic and international client relationships, leading to notable
business successes. His expertise in building high-performance
sales teams has been pivotal in driving revenue growth.
Before his tenure at Troll Systems Corporations
and Broadcast Microwave Services, Sweeney held various sales
positions at Tilera, Axiom Microdevices, REMEC, and Cisco Systems.
He is an alumnus of San Diego State University, holding a Bachelor
of Arts in Economics.
Mickey Miller, CEO of Vislink, stated: “Bill’s
deep understanding of the AVDS market and his impressive sales
leadership skills fit perfectly with our strategic vision for the
MilGov segment, which is central to Vislink's growth. Bill’s role
will be critical in integrating our existing services with the
newly acquired BMS capabilities, enhancing our offerings in the
military and public safety markets and further cementing Vislink’s
position in the dynamic AVDS market.”
Sweeney added: “I am honored to join Vislink and
contribute to the company’s growth, especially following a year of
momentum and promising wins within its core MilGov segment,
including the recent transformative acquisition of BMS assets. I am
eager to leverage my experience in the AVDS market to drive forward
our strategic objectives and accelerate Vislink’s emergence as a
force in this expanding market.”
Note on Forward-looking Statements
Certain statements in this press release are
forward-looking statements that involve substantial risks and
uncertainties for purposes of the safe harbor provided by the
Private Securities Litigation Reform Act of 1995. This press
release contains forward-looking statements that involve
substantial risks and uncertainties for purposes of the safe harbor
provided by the Private Securities Litigation Reform Act of 1995.
Any statements, other than statements of historical fact included
in this press release, including those regarding the Company’s
strategy, new hires, future operations, future revenues, growth,
profitability results, and financial position, risks of supply
chain constraints and inflationary pressures, projected expenses,
prospects, plans including footprint and technology asset
consolidations, objectives of management, new capabilities, product
and solutions launches including AI-assisted and 5G streaming
technologies, expected contract values, projected pipeline sales
opportunities and transactions in our sales pipeline, Q4 cash
collection and revenue from late Q3 orders, acquisitions
integration including the recently acquired BMS assets, cost
savings, and expected market opportunities across the Company’s
operating segments including the live event production market, the
effects of the COVID-19 pandemic, the sufficiency of the Company’s
capital resources to fund the Company’s operations and any
statements regarding future results are forward-looking statements.
Vislink may not actually achieve the plans, carry out the
intentions or meet the expectations or projections disclosed in any
forward-looking statements such as the foregoing, and you should
not place undue reliance on such forward-looking statements. Such
statements are based on management’s current expectations and
involve risks and uncertainties, including those discussed in
Vislink’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2022, filed with the Securities and Exchange
Commission (“SEC”) on March 31, 2023, and in subsequent filings
with, or submissions to, the SEC from time to time.
The statements made in this press release speak
only as of the date stated herein, and subsequent events and
developments may cause the Company’s expectations and beliefs to
change. While the Company may elect to update these forward-looking
statements publicly at some point in the future, the Company
specifically disclaims any obligation to do so, whether as a result
of new information, future events, or otherwise, except as required
by law. These forward-looking statements should not be relied upon
as representing the Company’s views as of any date after the date
stated herein.
About Vislink Technologies,
Inc.
Vislink Technologies is a global technology
leader in capturing, delivering and managing high-quality live
video and associated data. With a renowned heritage in video
communications encompassing over 50 years, Vislink has
revolutionized live video communications by delivering the
highest-quality video from the scene, even in the most challenging
transmission conditions—enabling broadcasters and public safety
agencies to capture and share live video seamlessly and securely.
Through its Mobile Viewpoint product lines, Vislink also provides
live streaming solutions using bonded cellular, 5G, and AI-driven
technologies for automated news and sports productions. Vislink’s
shares of common stock are publicly traded on the Nasdaq Capital
Market under the ticker symbol “VISL.” For more information, visit
www.vislink.com.
Media Contact:Nicole RosenD. Pagan
Communicationsnicoler@dpagan.com
Investor Relations Contact:Matt Glover and Alec
WilsonGateway Group, Inc.VISL@gateway-grp.com
Vislink Technologies (NASDAQ:VISL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Vislink Technologies (NASDAQ:VISL)
Historical Stock Chart
From Apr 2023 to Apr 2024