(RESN) Forms Advisory Board
Avago and Murata Veterans Join Resonant’s Advisory Board for Commercializing Designs
Resonant Inc. (NASDAQ: RESN), a late-stage development company creating innovative filter designs for radio frequency front-ends (RFFEs) for the mobile device industry, today announced it has formed an Advisory Board to aid in commercializing its designs and named industry veterans Sean Curry and Chris Conlin as its inaugural members.
Mr. Curry brings significant mobile RF commercialization experience to Resonant as he spent more than 26 years with Avago Technologies from 1988 to 2014, including roles as Senior Sales Director and Director of Key Global Accounts. His sales experience includes building and managing relationships with Tier 1 global mobile phone OEMs, RF module suppliers, manufacturing and fabrication houses and component suppliers. Mr. Curry earned a B.S. in Electrical and Electronics Engineering from the University of Sheffield, England.
Mr. Curry stated: “I strongly believe Resonant’s technology and filter design approach offer a differentiated product that is ready to sell into the market. Moreover, the Company’s tunable filter has the potential to be a game changer in the mobile handset industry. I look forward to providing my support in promoting this technological advancement in the RFFE market.”
Mr. Conlin has more than 25 years of managerial, business and organizational development experience with start-ups and very large companies. From 2009 to 2012, Mr. Conlin served as CEO of Murata Power Solutions, the power supply division of Murata Manufacturing Company, where he implemented a market expansion strategy designed to accelerate new product development, revenue and market share growth. Currently, he consults with CEOs on ways to promote organizational growth and effectiveness. He also has served in sales & marketing and business development roles at Skyworks Solutions, RF Monolithics, Jacket Micro Devices and Kennen Solutions. Mr. Conlin earned his B.S. in Structural Engineering from Fairleigh Dickinson University, New Jersey and a Master of Business Administration from Emory University, Georgia.
Mr. Conlin noted, “Resonant has made significant technical progress over the past year and is now at the cusp of commercialization. I look forward to providing assistance in prioritizing the substantial customer interest and advancing this important technology.”
CEO and Co-Founder Terry Lingren, stated: “The creation of this Advisory Board is another step in moving Resonant toward its ultimate goal of commercialization. We are very excited that Sean and Chris are our first members. They both offer Resonant invaluable expertise and insight that will contribute to enhancing shareholder value.”
About Resonant Inc.
Resonant is a late-stage development company creating innovative filter designs for the RF front-end for the mobile device industry. The RFFE is the circuitry in a mobile device responsible for analog signal processing and is located between the device’s antenna and its digital baseband. Filters are a critical component of the RFFE that selects the desired radio frequency signals and rejects unwanted signals.
Using a patented, fundamentally new technology called Infinite Synthesized Networks™ (ISN), Resonant has developed a new method of designing RF filters that can displace conventional filters by providing significant cost and size reductions, fewer components and improved performance. ISN can improve Surface Acoustic Wave (SAW) filters to work in difficult, Bulk Acoustic Wave (BAW) bands with performance that is competitive with best in class products that exist on the market today. These capabilities will also allow Resonant to create filter designs that tune to multiple bands. Resonant plans to market these tunable designs, which would replace several existing filters while significantly reducing the overall size and cost of the RFFE. For more information, please visit www.resonant.com.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements that include the following subjects, among others: the status of filter designs under development, the prospects for licensing filter designs upon completion of development, potential customers for Resonant’s designs, the impact of Resonant’s designs on the mobile device market, and its business strategy. 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: Resonant’s limited operating history (particularly as a new public company); Resonant’s ability to complete designs that meet customer specifications; the ability of its customers (or their manufacturers) to fabricate our designs in commercial quantities; dependence on a small number of customers; the ability of Resonant’s 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 Resonant’s designs less useful or obsolete; Resonant’s ability to find, recruit and retain the highly skilled personnel required for the design process in sufficient numbers to support growth; the 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 Resonant’s forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Resonant’s 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 the Company expressly disclaims any obligation or undertaking to update forward-looking statements.
Resonant Inc.
Ina McGuinness, 805-308-9803
IR@resonant.com
or
MZ North America
Matt Hayden, 949-259-4986
Matt.hayden@MZGroup.us
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