Wi2Wi Corporation Announces the Appointment of Barry Arneson as Director of Research and Development
Toronto, Ontario (FSCwire) - Wi2Wi Corporation ("Wi2Wi" or the "Company") a leading global developer and manufacturer of wireless connectivity solutions, high precision frequency control devices and timing devices, and testing services is pleased to announce the appointment of Mr. Barry Arneson as the Director of Research and Development. Mr. Arneson will be working from our branch in Middleton, Wisconsin where our research and development of frequency controllers and timing devices, manufacturing and operations are located.
Mr. Arneson, has over 25 years of hands on experience developing RF test systems, System architecture, RF design and implementations. He has been designing systems and RF components for many tier one companies who are focusing on Avionics, Defense, Medical, Space and commercial markets. Some of his designs have already been deployed in the International Space Station. Mr. Arneson has a number of US Patents to his credit. Prior to joining Wi2Wi, Mr. Arneson was the Director of Product Engineering at PDI and was the chief oscillator design engineer at M-Tron.
Zachariah Mathews, President and Chief Executive Officer of Wi2Wi said, “We are excited about Mr. Arneson heading up our research and development department. His hands on experience and expertise in both systems and RF component level will immediately strengthen our position in the market place to service the rapidly growing demand with new products and services“.
Dr. Black, Chairman of the board added “We have made a number of appointments recently as part of our plan to grow the current business, and also to expand our product offering to the growing market”.
About Wi2Wi Corporation.
Wi2Wi is a vertically integrated global manufacturer provide connectivity solutions, Timing Devices and frequency Controllers to the global market. Wi2Wi’s miniaturized Wireless System-in-Package (SIP) connectivity Solutions are well accepted in the global market for Machine-to-Machine (M2M and Internet of Things (IOT) and portable device embedded applications worldwide. Acquisition of net operating assets of Precision Devices Inc., in November 2014 enabled Wi2Wi to expand its product offering by adding Timing Devices and frequency Controllers to its product offering. Precision Device’s, rugged, robust and reliable High end Crystals and Oscillators, Crystal Filters, RF and Microwave Filters are widely used and well recognised in the premium markets; Industrial, Avionics, Space, Medical and Defense.
Headquartered in San Jose, California, the heart of the Silicon Valley with manufacturing operations in Middleton, Wisconsin, the industrial belt of North America, Wi2Wi provides leading-edge wireless solutions and customized Timing Devices and frequency controllers for customer applications worldwide with substantial savings on time-to-market, cost and system-integration. Wi2Wi also leverage its technology along with tier-1 global partnerships with industry leading silicon and supply chain companies, serving a large number of Fortune-500 customers.
For further information, please contact:
Zachariah Mathews
President and Chief Executive Officer
408 416 4202
Forward-Looking Statements: This news release contains certain forward-looking statements, including management's assessment of future plans and operations, and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Such risks and uncertainties include, without limitation, risks associated with the ability to access sufficient capital, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, stock market volatility. The Company's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Company will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on these and other factors that could affect the Company’s operations and financial results are included in reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com). Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. All subsequent forward-looking statements, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/WiFiMar162015_0.pdf
Source: Wi2Wi Corporation (TSX Venture:YTY) http://www.wi2wi.com/
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