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Omnitrol Networks Hires Clayton Reed to Scale their Market Leading WIP Visibility and EPC Global Track and Trace Solutions
Sales Vice-President tasked to gain #1 position, says CEO
Mountain View, CA, September 9, 2008 – Omnitrol Networks has hired Clayton Reed to lead sales operations for its advanced RF sensor-based work-in-process (WIP) visibility applications. Effective immediately, Mr. Reed has joined Omnitrol Networks as Vice President of Sales, "And we are very excited in him joining our executive team," says Omnitrol Networks CEO Raj Saksena. "We have been very fortunate in assembling a stellar sales team and have had an amazing past couple of years. With Clayton’s leadership we intend to establish our market leadership in real-time operational visibility solutions.". "I am extremely impressed with Omnitrol’s products and solutions, business strategy and phenomenal entrepreneurial team," says Reed, pointing to recent successes among Omnitrol Networks customers, who are using Omnitrol’s solutions to increase efficiency and performance to their overall business operations. "As more companies are focusing on the benefits of real-time enterprise, Omnitrol Networks has the potential to become the de facto leader in the space. I am looking forward to driving Omnitrol’s sales in achieving that goal." As Raj Saksena quickly points out, "Clayton has doubled and tripled sales revenue and successfully created multi-billion dollar business units at Cisco, IBM and Data General. He brings tremendous sales strategy and expansion acumen to lead our domination in the RFID and contact-less sensor-based real-time operational visibility solutions." At Cisco Systems, Reed led the southwest sales area (VP) and was responsible for a $750M sales operation. After successfully more than doubling the region's revenue in two years, he became Vice President of Customer Advocacy Service Sales, which he transformed into a multi-billion dollar business. Prior to Cisco, Reed has held executive positions at IBM where he grew his business unit to over $1 billion in sales. At Data General, he grew sales revenue by 45% CAGR in the North American operations. As VP of Sales at Imagitex, a leading digital image processing company, Reed grew sales by 350% in 18 months. And at video conferencing provider VTEL, he built and led a sales and services organization that grew revenue from $18M to $120M in just four years. Omnitrol Networks offers an advanced sensor-based business application solution for asset performance management and real-time plant-floor operational visibility. The OMNITROL solution is the industry first application network solution that removes the complexity of middleware and back-end ERP reengineering enabling rapid deployment at the lowest TCO in the market. The OMNITROL integrates wireless RF devices automating real-time operational management with cross-functional dashboards and reports for both corporate and plant-floor management. "The OMNITROL integrates the power of a complete business application server with RF and wireless sensor-network connectivity," says Reed, "delivering a whole new generation of business intelligence in the network." About Omnitrol Networks, Inc. Omnitrol Networks Inc. is a leading provider of complete EPC-based business application solutions for the emerging wireless, RFID and sensor automation market. The company's award-winning OMNITROL appliance and Edge Application and Services Engine (EASE™) software have pioneered the market for “Always On” real-time operational visibility, traceability and automation solutions. The OMNITROL’s unique edge-centric solution architecture enables the industry's most flexible and reliable means to deploy scalable Auto-ID application intelligent networks at the lowest total cost of ownership in the market. Omnitrol Networks Inc. is a privately held company with corporate headquarters in Mountain View, California, USA. Additional information about Omnitrol Networks’ products and services are available at www.omnitrol.com. |
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Endwave Receives Gold Award for Manufacturing Innovation
Company Honored for Early Adopter Role in RFID-Based Machine-to-Machine Communications
SAN JOSE, CA – June 27, 2008 – Endwave Corporation (Nasdaq: ENWV), a leading provider of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the receipt of the “M2M Value Chain Award” from M2M magazine. Endwave’s Gold award earned top honors at the fourth annual M2M United Conference in Wheeling, IL. M2M United is a unique industry event that promotes the development, awareness, and business value of machine-to-machine technology and the industry that surrounds it. “M2M magazine’s Value Chain Awards pay tribute to the outstanding implementation that are happening across the globe,” said Peggy Smedley, editorial director of M2M. “Endwave and the other 2008 winners have found leading-edge ways to enhance and improve their businesses by using machine-to-machine technology. Endwave’s success in this area stands as a snapshot of the innovation occurring in the world of M2M.” “We are honored to have received this recognition from M2M magazine,” said John Mikulsky, Chief Operating Officer of Endwave. “This is our second award of this type in the past month, thanks to our early adopter role in RFID-based manufacturing systems.” Earlier this year, Endwave implemented a wireless RFID-based lot tracking system from Omnitrol Networks on their factory floor in Diamond Springs, CA. This system enhances core manufacturing processes through continuous shop floor visibility of all work-in-process (WIP) components. Because Endwave products are components of mission critical systems, they must be carefully tracked throughout the manufacturing process. Furthermore, key defense primes and the Department of Defense are starting to request real-time visibility on order status to improve their own lean manufacturing initiatives. This new RFID system significantly increases Endwave’s ability to meet these needs. About Endwave Endwave Corporation designs, manufactures and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems. These RF modules include high-frequency integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays. Endwave has 43 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in San Jose, CA, with operations in Diamond Springs, CA; El Dorado Hills, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the Company can be accessed from the Company’s web site at www.endwave.com About Omnitrol Networks Omnitrol Networks Inc. is a leading provider of complete EPC-based business application solutions for the emerging wireless, RFID and sensor automation market. The company's award-winning OMNITROL appliance and Edge Application and Services Engine (EASE™) software have pioneered the market for “Always On” real-time operational visibility, traceability and automation solutions. The OMNITROL’s unique edge-centric solution architecture enables the industry's most flexible and reliable means to deploy scalable Auto-ID application intelligent networks at the lowest total cost of ownership in the market. Omnitrol Networks Inc. is a privately held company with corporate headquarters in Mountain View, California, USA. Additional information about Omnitrol Networks’ products and services are available at www.omnitrol.com. Endwave Contact: Mary McGowan Summit IR Group Inc. Phone: 408-404-5401
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Omnitrol Networks Contact: Hanni Itah, SSPR Phone: 847-415-9324
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Omnitrol Networks Named a "Cool Vendor" in Manufacturing by Leading Industry Analyst Firm Mountain View, CA – (June 12, 2008) – Omnitrol Networks, a leading provider of converged service-oriented application network solutions for the manufacturing industry, today announced that it has been designated by Gartner Research as a “Cool Vendor” for Manufacturing. The Omnitrol Networks’ Work-In-Process tracking application software provides connectivity, real-time operational visibility and workflow management on the shop floor for business leaders and manufacturing plant managers. According to the report, “Manufacturers with operations that include processes that are not fully automated should consider a combination of hardware and software solutions to provide end-to-end process integration.” Moreover, “Manufacturers have traditionally been receptive to using small vendors that bring innovation and leading-edge functionality, particularly at the plant level.” Omnitrol Networks’ WIP solution addresses a variety of problems on the manufacturing shop floor, many of which have arisen due to process complexities and outsourcing. These problems lead directly to delays and difficulties in communication between customers and suppliers. In order to counter these difficulties, Omnitrol Networks developed its solution to provide a sensor-based network infrastructure with support for RFID (passive, active, UWB), PLC, and WiFi devices aimed at the shop floor and built-in work-in-process (WIP) tracking application software, all integrated in a single network appliance. “Our focus is to provide an innovative approach to easy shop-floor tracking so management can monitor each product, as well as to facilitate communication for expectations and progress between the customer and the supplier based on EPC Global standards,” commented David Orain, Vice President of Marketing at Omnitrol Networks. “We’re proud to be evaluated by a prestigious analyst firm like Gartner Research for our efforts in innovation.” About Omnitrol Networks, Inc. Omnitrol Networks Inc. is a leading provider of complete EPC-based business application solutions for the emerging wireless, RFID and sensor automation market. The company's award-winning OMNITROL appliance and Edge Application and Services Engine (EASE™) software have pioneered the market for “Always On” real-time operational visibility, traceability and automation solutions. The OMNITROL’s unique edge-centric solution architecture enables the industry's most flexible and reliable means to deploy scalable Auto-ID application intelligent networks at the lowest total cost of ownership in the market. Omnitrol Networks Inc. is a privately held company with corporate headquarters in Mountain View, California, USA. Additional information about Omnitrol Networks’ products and services are available at www.omnitrol.com. About Gartner's Cool Vendors Selection Process Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose. Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months. xxx OMNITROL is a trademark of Omnitrol Networks Inc. All other trademarks and registered trademarks are the property of their respective owners. |
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Endwave Receives Award for Manufacturing Innovation Company to Receive the “Progressive Manufacturing Award” From Managing Automation MagazineSAN JOSE, CA – June 11, 2008 – Endwave Corporation (Nasdaq: ENWV), a leading provider of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the receipt of the “Progressive Manufacturing Award” from Managing Automation magazine. The Managing Automation awards program recognizes manufacturers that are being progressive in their businesses, in the management of their operations and in their use of advanced technologies. This award will be presented to Endwave at the Progressive Manufacturing Conference in Las Vegas on June 12, 2008. Earlier this year, Endwave implemented a wireless RFID-based lot tracking system from Omnitrol Networks on their factory floor in Diamond Springs, CA. This system enhances core manufacturing processes through continuous shop floor visibility of all work-in-process (WIP) components. Endwave’s Defense and Security business unit is a supplier to both the defense electronics and homeland security industries. Because these components of mission critical systems are essential to safety and success, they are carefully tracked throughout the assembly process. Furthermore, key defense primes and the Department of Defense are starting to request real-time visibility on order status to improve their own lean manufacturing initiatives. This new RFID system significantly increases Endwave’s ability to meet these needs. The benefits from the new systems are expected in the following areas: - Improved WIP Tracking: In a typical production environment, production personnel spend time manually tracking work orders and their status on the factory floor. This process is time consuming and prone to human error. With automated RFID tracking, shop floor monitoring is more efficient, timely and less error prone. Avoiding Unnecessary Delivery Delays: The system includes automatically generated “delay alerts” that are sent to manufacturing personnel if a lot does not move to the next work cell within a prescribed time period. This allows problems to be addressed before they cause delays in the overall manufacturing flow. “We are extremely proud to have received this recognition from Managing Automation,” said John Mikulsky, Chief Operating Officer of Endwave. “At Endwave, we are constantly challenging ourselves to find novel ways to improve our operations. We see the implementation of cutting-edge RFID tracking systems on the manufacturing floor as another example of Endwave’s ability to apply the latest technology in real-world solutions that enhance our ability to serve our customers and improve our operating efficiency. Also, I’d like to compliment Omnitrol for their excellent support in this endeavor.” About Endwave Endwave Corporation designs, manufactures and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems. These RF modules include high-frequency integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays. Endwave has 43 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in San Jose, CA, with operations in Diamond Springs, CA; El Dorado Hills, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the Company can be accessed from the Company’s web site at www.endwave.com. Endwave Contact: Mary McGowan Summit IR Group Inc. Phone:408-404-5401
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About Omnitrol Networks Omnitrol Networks Inc. is a leading provider of complete EPC-based business application solutions for the emerging wireless, RFID and sensor automation market. The company's award-winning OMNITROL appliance and Edge Application and Services Engine (EASE™) software have pioneered the market for “Always On” real-time operational visibility, traceability and automation solutions. The OMNITROL’s unique edge-centric solution architecture enables the industry's most flexible and reliable means to deploy scalable Auto-ID application intelligent networks at the lowest total cost of ownership in the market. Omnitrol Networks Inc. is a privately held company with corporate headquarters in Mountain View, California, USA. Additional information about Omnitrol Networks’ products and services are available at www.omnitrol.com. Omnitrol Networks Contact: Hanni Itah, SSPR Phone: 847-415-9324
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Federal securities laws and is subject to the safe harbor created thereby. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including statements concerning anticipated deliveries and product performance.Words such as “plan,” “intend,” “expect,” “believe,” “anticipate” and similar expressions are intended to identify these forward-looking statements.Information contained in forward-looking statements is based on current expectations and is subject to change.Actual results could differ materially from the forward-looking statements due to many factors, including the following: our successful implementation of next-generation programs, including inventory transitions; our suppliers’ abilities to deliver raw materials to our specifications and on time; our ability to penetrate new markets; our reliance on third-party manufacturers and semiconductor foundries; volatility resulting from consolidation of key customers; our ability to achieve revenue growth and maintain profitability; our customer and market concentration; fluctuations in our operating results from quarter to quarter; acquiring businesses and integrating them with our own; component, design or manufacturing defects in our products; our dependence on key personnel; and fluctuations in the price of our common stock. Forward-looking statements contained in this press release should be considered in light of these factors and those factors discussed from time to time in Endwave's public reports filed with the Securities and Exchange Commission, such as those discussed under “Risk Factors” in Endwave’s most recent Annual Report on Form 10-K, and subsequently-filed reports on Form 10-Q. Endwave does not undertake any obligation to update such forward-looking statements. |
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