Resonant Inc. (NASDAQ: RESN), a leader in transforming the way
radio frequency, or RF, front-ends are being designed and delivered
for mobile handset and wireless devices, today announced it formed
an Advisory Board, effective February 2020, to aid the company in
its market diversification and technology optimization/development
efforts. The purpose of the Advisory Board is to maximize the
opportunities created by Resonant’s Infinite Synthesized Networks
(ISN®) software platform, in particular targeting 5G and the game
changing technologies the company announces utilizing its XBAR®
resonator technologies.
The Advisory Board is comprised of six industry
leaders: Jeff Ball, Clint Brown, Brian Crutcher, Luis Pineda, and
existing Resonant directors Rubén Caballero and Josh Jacobs.
“Our Advisory Board members bring to Resonant
invaluable market understanding, technology expertise and business
acumen across a range of industries,” stated George B. Holmes,
Chairman and CEO of Resonant. “We look forward to their insight and
applying it to further evolve our technology and business model and
deliver shareholder value.”
The Resonant Advisory Board
includes:
Jeff Ball
Jeff Ball has been serving in an advisory capacity
to Resonant since 2018. Mr. Ball serves as President and CEO of
Visio Lending where he is responsible for setting Visio's overall
strategy and direction. Prior to forming Visio Lending, he founded
Visio's predecessor company, Econohomes. Mr. Ball previously served
as the Global Head of Semiconductor Investment Banking at JP
Morgan, where his clients included some of the largest technology
companies in the world, including Intel and Texas Instruments.
Clint Brown
Clint Brown served as Director of Business
Development Mobility Wireless Connectivity at Broadcom. He has more
than 30 years of experience in sales, business development and
marketing experience, specializing in semiconductor-based wireline
and wireless communication technologies, including 802.11 WLAN,
Bluetooth, FM, GNSS, NFC, Wireless Charging, Ethernet, Home
Phoneline Networking (HomePNA), and Analog Modems. Mr. Brown has
also been a Wi-Fi Alliance Board Director since 2005 serving as
Treasurer and Vice Chairman.
Rubén Caballero
Rubén Caballero has been serving on our Board of
Directors since 2019. Mr. Caballero also is a technical
consultant to Resonant. Mr. Caballero was Vice President of
Engineering at Apple. He was one of the founding leaders of the
iPhone hardware team and later expanded his role to include iPad,
Apple Watch, Macintosh and all other hardware products. He also
became the product leader for the last generations of Apple TV and
Airport devices leading multiple engineering organizations. He also
founded, built and scaled a world class Wireless Design and
Technology team of over 1,000 engineers for all the
products/ecosystems at Apple (iPhone, iPad, Macs, AirPods, HomePod
and accessories).
Brian Crutcher
Brian Crutcher has been serving Resonant in an
advisory capacity since 2019. Mr. Crutcher spent 23 years at Texas
Instruments, Inc. and served in executive positions ranging from
Chief Executive Officer, Chief Operations Officer, Member of Board
of Directors, as well as Senior Vice President of Analog Products
and Embedded Processors. He is currently operating Brian
Crutcher Consulting, LLC focused on management consulting and
advising.
Josh Jacobs
Josh Jacobs has been serving on our Board of
Directors since 2018. Mr. Jacobs serves as an independent director
of Maven, Inc., a business operations platform for professional
internet publishers. He also serves as an independent board member
at Invoca, Inc., a software company in the call intelligence
market.
Luis Pineda
Luis Pineda brings to Resonant more than 32 years
of leadership experience in the semiconductor industry. Mr.
Pineda retired from a successful 18-year career at Qualcomm's
multi-billion-dollar Semiconductor business. As a founding member
of Qualcomm’s semiconductor business, he led product management,
marketing, and business development through its early start to
industry market share leader for mobile phones, tablets, and
infrastructure. Mr. Pineda is also an executive advisor for
several high-tech companies both public and private.
About Resonant Inc.
Resonant (NASDAQ: RESN) is transforming the market
for RF front-ends (RFFE) by disrupting the RFFE supply chain
through the delivery of solutions that leverage our Infinite
Synthesized Network (ISN) software tools platform, capitalize on
the breadth of our IP portfolio, and are delivered through our
services offerings. In a market that is critically constrained by
limited designers, tools and capacity, Resonant addresses these
critical problems by providing customers with ever increasing
design efficiency, reduced time to market and lower unit costs.
Customers leverage Resonant’s disruptive capabilities to design
cutting edge filters and modules, while capitalizing on the added
stability of a diverse supply chain through Resonant’s fabless
ecosystem-the first of its kind. Working with Resonant, customers
enhance the connectivity of current mobile devices, while preparing
for the demands of emerging 5G applications.
To learn more about Resonant, view the series of videos
published on its website that explain Resonant's technologies and
market positioning:
- Resonant Corporate Video
- ISN and XBAR: Speeding the Transition to 5G
- Infinite Synthesized Networks, ISN Explained
- What is an RF Filter?
- RF Filter Innovation
- Transforming the Mobile Filter Supply Chain
For more information, please
visit www.resonant.com.
Resonant uses its website
(https://www.resonant.com) and LinkedIn page
(https://www.linkedin.com/company/resonant-inc-/) as channels of
distribution of information about its products, its planned
financial and other announcements, its attendance at upcoming
investor and industry conferences, and other matters. Such
information may be deemed material information, and Resonant may
use these channels to comply with its disclosure obligations under
Regulation FD. Therefore, investors should monitor the company’s
website and its social media accounts in addition to following the
company’s press releases, SEC filings, public conference
calls, and webcasts.
About Resonant’s ISN®
TechnologyResonant can create designs for
difficult bands, modules and other complex RF Front End
requirements that we believe have the potential to be manufactured
for half the cost and developed in half the time of traditional
approaches. ISN is a suite of proprietary mathematical methods,
software design tools and network synthesis techniques that enable
us to explore a much larger set of possible design solutions that
regularly incorporate our proprietary technology. We then quickly
deliver design simulations to our customers, which they manufacture
or have manufactured by one of our foundry partners. These improved
solutions still use Surface Acoustic Wave (SAW) or Temperature
Compensated Surface Acoustic Wave (TC-SAW) manufacturing methods
and perform as well as those using higher cost manufacturing
methods such as Bulk Acoustic Wave (BAW). Resonant's method
delivers excellent predictability, enabling achievement of the
desired product performance in roughly half as many turns through
the fab. In addition, because Resonant's models are fundamental,
integration with its foundry and fab customers is seamless because
its models speak the "fab language" of basic material properties
and dimensions.
Safe Harbor / Forward-Looking
StatementsThis press release contains forward-looking
statements, which include the following subjects, among others: the
status of filter designs under development and the capabilities of
our filter designs and software tools. Forward-looking statements
are made as of the date of this document and are inherently subject
to risks and uncertainties which could cause actual results to
differ materially from those in the forward-looking statements,
including, without limitation, the following: our limited operating
history; our ability to complete designs that meet customer
specifications; the ability of our customers (or their
manufacturers) to fabricate our designs in commercial quantities;
our customers’ ability to sell products incorporating our designs
to their OEM customers; changes in our expenditures and other uses
of cash; the ability of our designs to significantly lower costs
compared to other designs and solutions; the risk that the intense
competition and rapid technological change in our industry renders
our designs less useful or obsolete; our ability to find, recruit
and retain the highly skilled personnel required for our design
process in sufficient numbers to support our growth; our ability to
manage growth; and general market, economic and business
conditions. Additional factors that could cause actual results to
differ materially from those anticipated by our forward-looking
statements are under the captions “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” in our most recent Annual Report (Form 10-K) or
Quarterly Report (Form 10-Q) filed with the Securities and Exchange
Commission. Forward-looking statements are made as of the
date of this release, and we expressly disclaim any obligation or
undertaking to update forward-looking statements.
Investor Relations Contact:Moriah
Shilton, LHA Investor Relations 1-415-315-2362
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