Vislink Technologies Appoints Michael Bond as Chief Financial Officer
February 28 2020 - 8:15AM
Vislink Technologies, Inc. (NASDAQ: VISL) today announced that
Michael Bond has joined the Company as Chief Financial Officer
(CFO), effective April 1, 2020. Mr. Bond succeeds Roger Branton,
co-founder of the Company who served as its CFO until July 2018,
then as its CEO and CFO through Jan. 15, 2020, and as CFO since
that date. Mr. Branton will be stepping down as CFO on March 31,
2020 and is expected to continue to serve as a member of the board
of directors of the Company.
“I am very pleased to welcome Mike Bond to
Vislink’s senior leadership team, where he will undoubtedly make a
significant positive impact on our operations,” said Carleton
Miller, CEO of Vislink. “He has a well-earned reputation as a
respected financial executive, and we look forward to benefitting
from his extensive experience in support of our business
strategies, particularly in the areas of efficiency and
performance.”
Mr. Miller continued, “On behalf of the Board of
Directors and everyone at the Company, I want to thank Roger
Branton for his significant contributions to Vislink in key
leadership roles over the years. We all wish him the very best in
his future endeavors.”
About Michael Bond
Michael Bond has served as a consultant to
several companies since 2016, including to Vislink since January
27, 2020. He served as Chief Financial Officer of Pulse Electronics
Corporation from 2013 until 2016. Prior to such time, Mr. Bond held
the positions of Vice President and Treasurer of Pulse Electronics
Corporation from 2011 to 2013. From 2008 to 2011, Mr. Bond was
Senior Consultant and Principal at Clear Strategic Solutions, Inc.,
a financial and corporate development consulting firm. Mr. Bond is
an experienced financial executive with over 30 years of
experience, including as Head of Corporate Development and Mergers
and Acquisitions at Lucent Technologies, and held similar roles at
Avaya and AT&T. Mr. Bond has also held the positions of Senior
Auditor at Deloitte, and Corporate Controller and VP of Finance at
the Brookwood Companies, Inc. and at Bellwether, Inc.
About Vislink Technologies,
Inc. Vislink Technologies is a global leader in the
development and distribution of advanced communication solutions.
Driven by technical excellence that has led the industry for over
50 years, our innovative products and turnkey solutions provide
reliable connectivity in the toughest environments across the
global live production, military and government sectors. Our
solutions include high-definition communication links that reliably
capture, transmit and manage live event footage, as well as secure
video systems that support mission-critical applications. Vislink
Technologies shares are publicly traded on the NASDAQ exchange
under the ticker symbol VISL. For more information, visit
www.vislink.com.
Note on Forward-looking Statements
This press release may contain projections or
other forward-looking statements within the meaning of the Private
Securities Litigation Reform Act. These statements involve risks
and uncertainties, and actual events or results may differ
materially. Among the important factors that could cause actual
results to differ materially from those in the forward-looking
statements are the risk that our reduction in operating expenses
may impact our ability to meet our business objectives and achieve
our revenue targets and may not result in the expected improvement
in our profitability, the fact that our future growth depends in
part on further penetrating our addressable market and also growing
internationally, and we may not be successful in doing so; our
dependence on sales of certain products to generate a significant
portion of our revenue; the effect of a decrease in the sales or
change in sales mix of these products would harm our business; the
risks that an economic downturn or economic uncertainty in our key
U.S. and international markets may adversely affect demand for our
products; difficulty in accurately predicting our future customer
demand; the importance of maintaining the value and reputation of
our brand; and other factors detailed in our Annual Report on Form
10-K for the year ended December 31, 2018 and our other subsequent
filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date hereof or as
of the date otherwise stated herein. The Company disclaims any
obligation to update these forward-looking statements.
FOR MORE INFORMATION:Daniel
Carpini daniel.carpini@vislink.com
Vislink Technologies (NASDAQ:VISL)
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