SCM Microsystems Announces New Board Chair
March 08 2007 - 2:21PM
PR Newswire (US)
FREMONT, Calif., March 8 /PRNewswire-FirstCall/ -- SCM
Microsystems, Inc.
(NASDAQ:SCMMNASDAQ:PrimeNASDAQ:Standard:NASDAQ:SMY), a leading
provider of solutions that open the Digital World, today announced
the appointment of Werner Karl Koepf as Chairman of its Board of
Directors. Koepf has been a member of SCM's board since February
2006. In addition to serving as a director of SCM, Koepf also is a
director of telent plc and Gemalto NV and is Chairman of the board
of PXP Software. Prior to his retirement in 2002, Koepf accumulated
more than 35 years' experience in technology company management,
most recently as a senior executive with Compaq Computer. Steven
Humphreys, Chairman of SCM's board for the past seven years and CEO
of the Company from 1996-2000, will remain on the board. Commenting
on the change, Humphreys said, "I'm very pleased that Werner Karl
Koepf has agreed to take on this leadership role for SCM's board.
It's always positive for a company to bring a fresh perspective to
its supervisory structure, particularly after a fairly prolonged
tenure. We're fortunate to have such an experienced,
globally-oriented board member to serve as our chairman. Going
forward, our Nominating Committee has implemented a system of
periodic rotation for the principal roles on the board, which will
serve to strengthen even further the governance and independence of
our key board positions." Koepf added, "On behalf of SCM's board
and management, I would like to thank Steve Humphreys for his
dedicated leadership over the last several years. His insights and
experience have helped shape the company from its early days. I
look forward to taking on the role of Chairman and to continuing to
work with SCM's management team and directors to maximize the
company's value in the marketplace." About SCM Microsystems SCM
Microsystems is a leading supplier of solutions that open the
Digital World by enabling people to conveniently access digital
content and services. The company develops, markets and sells the
industry's broadest range of smart card reader technology for
secure PC, network and physical access and digital media readers
for transfer of digital content to OEM customers in the government,
financial, enterprise, consumer electronics and photographic
equipment markets worldwide. Global headquarters are in Ismaning,
Germany. For additional information, visit the SCM Microsystems web
site at http://www.scmmicro.com/. DATASOURCE: SCM Microsystems,
Inc. CONTACT: Stephan Rohaly, +49 89 9595-5101, or , or Manfred
Mueller, +49 89 9595-5410, or , or Darby Dye, +1-510-249-4883, or
Web site: http://www.scmmicro.com/
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