Data I/O Announces Appointment of Dr. Cheemin Bo-Linn to Board of Directors
December 20 2021 - 9:00AM
Business Wire
Data I/O Corporation (NASDAQ: DAIO), the leading global provider
of advanced data and security deployment solutions for flash,
flash-memory based intelligent devices and microcontrollers,
announced that Dr. Cheemin Bo-Linn will be joining the Board of
Directors of Data I/O. Dr. Cheemin Bo-Linn is the CEO of Peritus
Partners, a valuation accelerator, for industry sectors including
automotive, electronics, consumer, and medical sectors with
integrated security.
Cheemin has extensive domain experience and been recognized for
her accomplishments. She was named “Top Woman of Influence” by the
Silicon Valley Business Journal and was inducted into the “Hall of
Fame” for Women in Technology. In 2019, she was named one of the
“Top 50” public company Board of Directors by the National
Association of Corporate Directors amongst its 22,000 board
members. The Financial Times / Agenda named her one of the 2021
“Top 100” Diverse Directors in the Americas. Cheemin has board
governance and industry expertise, having served on four prior
public boards in flash memory, cloud, SaaS, IoT, and manufacturing,
as Lead Independent Director and Chair of every major committee.
Prior, during her 20+ years in senior IBM executive roles, she led
global teams as IBM’s VP of Industrial Sector/Electronics,
responsible for IBM’s software, semiconductor chips, storage, and
consulting services. Dr. Bo-Linn earned her Doctorate degree from
the University of Houston. She was also named Visiting Professor in
the Joint 2017-2018 EMBA /MBA program of Columbia University,
London School of Business, and the University of Hong Kong. Her
teaching domain included digital transformation and technology
(artificial intelligence, IoT, sensory farms, data analytics, and
security).
“We are thrilled to have Dr. Cheemin Bo-Linn join the Data I/O
Board of Directors,” said Anthony Ambrose, President and CEO of
Data I/O Corporation. “Her technical knowledge and experience in
security, automotive, and semiconductors, combined with her
outstanding track record in public company governance, make her an
ideal selection to the board for Data I/O.”
“I am excited to join the board of Data I/O. The company is the
longtime global leader in data programming, and is poised to lead
the vast emerging category of security provisioning. I look forward
to working with the board and management to accelerate the positive
momentum in automotive and IoT security,” said Cheemin Bo-Linn.
About Data I/O Corporation
Since 1972 Data I/O has developed innovative solutions to enable
the design and manufacture of electronic products for automotive,
Internet-of-Things, medical, wireless, consumer electronics,
industrial controls and other electronic devices. Today, our
customers use Data I/O security deployment and programming
solutions to reliably, securely, and cost-effectively bring
innovative new products to life. These solutions are backed by a
global network of Data I/O support and service professionals,
ensuring success for our customers.
_____________________
Learn more at dataio.com
Forward Looking Statement and Non-GAAP financial
measures
Statements in this news release concerning economic outlook,
expected revenue, expected margins, expected savings, expected
results, orders, deliveries, backlog and financial positions,
silicon chip shortages, supply chain expectations, as well as any
other statement that may be construed as a prediction of future
performance or events are forward-looking statements which involve
known and unknown risks, uncertainties and other factors which may
cause actual results to differ materially from those expressed or
implied by such statements. Forward-looking statement disclaimers
also apply to the global COVID-19 pandemic, including the expected
effects on the Company’s business from COVID-19, the duration and
scope, impact on the demand for the Company’s products, and the
pace of recovery for the COVID-19 pandemic to subside. These
factors include uncertainties as to the ability to record revenues
based upon the timing of product deliveries, installations and
acceptance, accrual of expenses, coronavirus related business
interruptions, changes in economic conditions, part shortages and
other risks including those described in the Company's filings on
Forms 10-K and 10-Q with the Securities and Exchange Commission
(SEC), press releases and other communications.
Non-GAAP financial measures, such as EBITDA, Adjusted EBITDA
excluding equity compensation and impairment & related charges,
and Adjusted gross margin should not be considered a substitute
for, or superior to, measures of financial performance prepared in
accordance with GAAP. We believe that these non-GAAP financial
measures provide meaningful supplemental information regarding the
Company’s results and facilitate the comparison of results.
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version on businesswire.com: https://www.businesswire.com/news/home/20211220005189/en/
Joel Hatlen Chief Operating and Financial Officer Data I/O
Corporation 6645 185th Ave. NE, Suite 100 Redmond, WA 98052
Darrow Associates, Inc. Jordan Darrow (512) 551-9296
jdarrow@darrowir.com
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