MoSys Appoints Two New Independent Directors
October 17 2018 - 9:00AM
MoSys, Inc. (NASDAQ: MOSY), a provider of semiconductor
solutions that enable fast, intelligent data access for cloud
networking, security, test and video systems, today announced that
Scott Lewis and Robert Y. Newell IV have been appointed to its
board of directors effective October 12, 2018.
Mr. Lewis brings more than 40 years of design,
sales, and product and corporate marketing experience with
technology and semiconductor companies. Since February 2018,
he has been serving as executive marketing strategist at United
Silicon Carbide, a leader in the silicon carbide power device
market. Previously, Mr. Lewis held multiple corporate and
product-line marketing leadership positions at Maxim Integrated
Products, GLOBALFOUNDRIES, Cadence Design Systems, Intersil,
Xilinx, and Integrated Device Technology. Mr. Lewis holds a B.S. in
Electrical Engineering Technology from DeVry Institute of
Technology. Mr. Lewis is no relation to Dan Lewis, the
Company’s president and CEO.
Mr. Newell is currently a consultant and advisor
to emerging technology and healthcare companies, having held
financial management positions with technology and healthcare
companies in Silicon Valley for over 25 years. From 2003 to 2018,
he was CFO of Dextera Surgical, a developer of advanced stapling
devices and automated medical systems. Mr. Newell served on the
board of directors of ARI Network Services, a leading supplier of
SaaS and data-as-a-service solutions, from 2012 to 2017.
Previously, he served as CFO of Omnicell, a hospital supply and
medication management company, and held executive positions with
the Beta Group and Cardiometrics. Prior to his business career, Mr.
Newell was a pilot in the United States Air Force. He holds a BA in
mathematics from the College of William & Mary and an MBA from
Harvard Business School. "I'm pleased to
welcome Scott and Bob as the newest independent members of our
board of directors,” said Dan Lewis, president and CEO of MoSys.
“Scott's expertise with sales and marketing strategies at global
semiconductor companies, and Bob’s financial acumen and experience
working with and growing small-cap companies will be invaluable, as
we focus on identifying and pursuing growth opportunities and
increasing stockholder value.”
As a result of these new director appointments,
the Company has received a letter from The NASDAQ Stock Market LLC
("Nasdaq") notifying the Company that it has regained compliance
with the governance requirements under Nasdaq Listing Rule 5605
regarding the composition of the board of directors and its audit
and compensation committees.
About MoSys, Inc.MoSys, Inc.
(NASDAQ: MOSY) is a provider of semiconductor solutions that enable
fast, intelligent data access for cloud networking, security, test
and video systems. The company's solutions eliminate data access
bottlenecks to deliver speed and intelligence for line cards and
systems scaling from 100G to multi-terabits per second. Engineered
and built for high-reliability carrier and enterprise applications,
MoSys' Bandwidth Engine® IC product family is based on the
company's patented high-performance, high-density intelligent
access and high-speed serial interface technology, and utilizes the
company's highly-efficient GigaChip™ Interface. More information is
available at www.mosys.com.
Bandwidth Engine, GigaChip and MoSys are
registered trademarks of MoSys, Inc. in the US and/or other
countries. The MoSys logo is a trademark of MoSys, Inc. All other
marks mentioned herein are the property of their respective
owners.
Contacts:Jim SullivanMoSys,
Inc.+1 (408) 418-7500jsullivan@mosys.com
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