Photo Release -- Entropic Communications Names William G. Bock to Board of Directors
October 01 2012 - 4:05PM
Entropic Communications, Inc. (Nasdaq:ENTR), a world leader in
semiconductor solutions for the connected home, today announced
William G. Bock has been elected to its Board of Directors and will
serve on the Company's Audit Committee. Mr. Bock's appointment
increases Entropic's Board to seven Directors.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=14952
Mr. Bock brings to Entropic's Board a wealth of semiconductor
sector, corporate leadership and board experience. He retired from
Silicon Laboratories in 2011, after serving five-years as the
Company's senior vice president of finance and administration and
chief financial officer. Prior to joining Silicon Laboratories, Mr.
Bock was a partner at venture capital firms CenterPoint Ventures
and Verity Ventures. He also served as president and chief
executive officer of Dazel Corporation, a provider of electronic
information delivery systems, which was later acquired by
Hewlett-Packard. Mr. Bock also held the position of executive vice
president and chief operating officer of Tivoli Systems, a client
server software company, which he helped take public in 1995, and
was later acquired by IBM. Prior to Tivoli, Mr. Bock successfully
completed an IPO at Convex Computer Corporation as chief financial
officer, and spent nine-years in key finance roles at Texas
Instruments.
"We are pleased to welcome Bill to Entropic's Board, as he is an
accomplished executive with extensive board experience that will
greatly benefit Entropic's expanding role in the connected home
entertainment market," said Umesh Padval, chairman of the board,
Entropic Communications. "Further, Bill's strategic insight and
expertise gained from his senior leadership roles with major global
corporations will be significant in helping guide Entropic for
future growth and success in the years ahead."
In addition to his role on Entropic's Board, Mr. Bock is a
director of Silicon Laboratories (Nasdaq:SLAB), and private
companies SailPoint Technologies, UnboundID, FiftyOne and
Worksoft. He has also served previously as a director of
Convio, Inc., which was recently acquired by Blackbaud
Inc. Mr. Bock holds a bachelor's degree in computer science
from Iowa State University and a master's degree in industrial
administration from Carnegie Mellon University.
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global
provider of silicon and software solutions to enable connected home
entertainment. The Company transforms how traditional HDTV
broadcast and streaming video content is seamlessly, reliably, and
securely delivered, processed, and distributed into and throughout
the home. Entropic's next-generation home connectivity and set-top
box system-on-a-chip (SoC) solutions enable Pay-TV service
providers to offer consumers a more captivating whole-home
entertainment experience by delivering new, high-performing ways to
connect, engage, and enjoy multimedia content. For more
information, visit Entropic at: www.entropic.com.
The Entropic Communications logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4255
Forward-Looking Statements
Statements in this press release that are not strictly
historical in nature constitute "forward-looking statements." Such
statements include, but are not limited to, statements regarding
the expected value to Entropic of Mr. Bock's industry experience
and strategic input. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause
Entropic's actual results to be materially different from
historical results or from any results expressed or implied by such
forward-looking statements. These factors include, but are not
limited to, risks associated with recruiting and retaining key
employees and Board members such as Mr. Bock, the risk that the
market for high-definition television-quality video and multimedia
content delivery solutions may not develop as anticipated, and
other factors discussed in the "Risk Factors" section of Entropic's
Quarterly Report on Form 10-Q for the three months ended June 30,
2012. All forward-looking statements are qualified in their
entirety by this cautionary statement. Entropic is providing this
information as of the date of this release and does not undertake
any obligation to update any forward-looking statements contained
in this release as a result of new information, future events or
otherwise.
Copyright © 2012 Entropic Communications, Inc. All rights
reserved. All other product or company names mentioned are used for
identification purposes only and may be trademarks of their
respective owners.
CONTACT: Debra Hart
Director, Investor Relations,
Entropic Communications
+1 858.768.3852
debra.hart@entropic.com
Chris Fallon
Senior Director, Corporate Communications,
Entropic Communications
+1 858.768.3827
chris.fallon@entropic.com
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