Unwired Planet, Inc. Appoints Jim Wheat as Chief Financial Officer
November 09 2015 - 4:05PM
Business Wire
Unwired Planet, Inc. (NASDAQ: UPIP) today announced the
appointment of Jim Wheat as chief financial officer. Mr. Wheat
joins Unwired Planet from ASSIA, Inc., where he served as chief
financial officer since 2013. He assumed responsibilities from
Interim Chief Financial Officer Dean (Kip) Witter III, effective
November 2, 2015.
“With many years as a senior finance executive, Jim brings
critical financial expertise to the Unwired Planet management
team,” said Boris Teksler, chief executive officer of Unwired
Planet. “Jim has extensive experience heading financial operations,
having served as CFO at both public and private companies, and
having overseen acquisitions and integrations. He also brings
current expertise on technical accounting, financial planning and
SEC reporting to the company.”
Prior to serving as CFO at ASSIA, Inc., Mr. Wheat was chief
financial officer with Silicon Graphics (formerly Rackable Systems)
from 2008-2012, where he was recruited to provide operational
leadership and financial expertise. He has more than 30 years of
experience with numerous high technology companies both
domestically and internationally, including Lam Research, Raychem
Corporation and Honeywell. Mr. Wheat received his BBA with
Distinction from the University of Michigan, and an MBA from The
Wharton School of the University of Pennsylvania. He holds an
active CPA license in the State of California.
About Unwired Planet
Unwired Planet, Inc. (NASDAQ: UPIP) is the inventor of the
Mobile Internet and a premier intellectual property company focused
exclusively on the mobile industry. The company's patent portfolio
of approximately 2,500 issued and pending US and foreign patents,
includes technologies that allow mobile devices to connect to the
Internet and enable mobile communications. The portfolio spans 2G,
3G, and 4G technologies, as well as cloud-based mobile applications
and services. Unwired Planet's portfolio includes patents
related to key mobile technologies, including baseband mobile
communications, mobile browsers, mobile advertising, push
notification technology, maps and location based services, mobile
application stores, social networking, mobile gaming, and mobile
search. Unwired Planet is headquartered in Los
Altos, California. References in this release to Unwired
Planet may be to Unwired Planet, Inc. or its
subsidiaries.
Cautionary Note Regarding Forward Looking Statements
Any statements in this press release with respect to future
events or expectations, including statements regarding the
Company’s licensing activities and related recognition of revenue,
litigation strategy and prospects and expectations regarding
enhancing shareholder value are forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934
and Section 27A of the Securities Act of 1933. These
forward-looking statements are subject to many risks and
uncertainties that could cause actual results to differ materially
from those projected. Notwithstanding changes that may occur with
respect to matters relating to any forward looking statements,
Unwired Planet assumes no obligation to update the forward-looking
statements included in this press release. For a detailed
discussion of these and other factors that may cause these forward
looking statements not to come true, please refer to the risk
factors discussed in Unwired Planet’s filings with the U.S.
Securities and Exchange Commission ("SEC"), including the company's
Annual Report on Form 10-K for the fiscal year ended June 30, 2015.
These documents are available through the SEC's Electronic Data
Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or
from Unwired Planet’s website at www.unwiredplanet.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20151109006597/en/
The Blueshirt GroupLauren Sloane,
415-217-2632Lauren@Blueshirtgroup.com
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