20.05.2008 12:00:00
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RFM Announces Appointment of Farlin Halsey as Vice President of Product Marketing
M2M provider, RF Monolithics, Inc. (NASDAQ:RFMI)("RFM”
or "the Company”), today
announced the election of Farlin A. Halsey, to the position of Vice
President of Product Marketing. In this position Mr. Halsey will direct
and expand RFM’s product marketing and its
focus on customer requirements and market trends to improve customer
satisfaction, return on investment and overall brand awareness.
Mr. Halsey will be responsible for providing leadership in market
analysis, product requirements and product promotions. He will guide
development of market-driven products, and seek to maximize brand and
product awareness and increase customer satisfaction. Additionally, Mr.
Halsey will work closely with Joe Andrulis, Senior Vice President and
Group Manager, on the expansion of the Company’s
product lines and target markets.
"The appointment of Farlin to the position of
Vice President of Product Marketing reflects RFM’s
commitment to leadership in the growth of the emerging M2M market,”
said David M. Kirk, President and CEO of RFM. "Farlin
has the depth of experience and excellent track record in developing and
executing product and market growth that we need on our management team.
Farlin will provide key input for the execution and optimization of all
our product and marketing plans.”
Further Mr. Kirk stated, "Farlin will have
overall responsibility for the marketing of all our products and
solutions offerings, including low-power components, filters, frequency
control modules, low-power radios, RFICs, wireless modules with a
variety of supported protocols, firmware and embedded mesh software.”
Prior to joining RFM, Mr. Halsey was Vice President of Marketing and
most recently Vice President of Strategy and Alliances for NovAtel,
Inc., a leading original equipment manufacturer (OEM) of precision
global navigation satellite system (GNSS) components and subsystems,
including receivers, antennas, enclosures and firmware. Prior to
NovAtel, Mr. Halsey was Vice President of Marketing for JP Mobile, a
Dallas, Texas based software provider.
As an employment inducement, Mr. Halsey was granted 25,000 Restricted
Stock Units ("RSUs”),
which will vest annually starting on May 1, 2009 in four equal
installments of 6,250 shares each.
About RFM
RFM, headquartered in Dallas, Texas, is delivering M2M around the world.
Our solutions-driven, technology-enabled approach to wireless
connectivity enables the next generation of wireless applications with a
broad range of wireless solutions – from
comprehensive industrial wireless sensor networks to high-performance
enterprise asset management software –
extending the Internet to communicate with billions of unconnected
machines. RFM was named to M2M Magazine’s "2007
M2M 100” and "2008
M2M 100” list of the most important and
influential machine-to-machine technology providers. For more
information on RFM, please visit the Company’s
website at www.RFM.com.
Forward-Looking Statements: This news release contains forward-looking statements, made pursuant
to the Safe Harbor Provision of the Private Securities Litigation Reform
Act of 1995, that involve risks and uncertainties. Statements of
the strategies, plans, objectives, expectations and intentions of RFM
and/or its wholly-owned subsidiaries (collectively, the "Company”
or "we”) involve
risks and uncertainties. Statements containing terms such as "believe,” "expect,” "plan,” "anticipate,” "may”
or similar terms are considered to contain uncertainty and are
forward-looking statements. Such statements are based on
information available to management as of the time of such statements
and relate to, among other things, expectations of the business
environment in which we operate, projections of future performance,
perceived opportunities in the market and statements regarding our
mission and vision, future financial and operating results, and benefits
of our acquisitions. Such statements are not guarantees of future
performance and involve certain risks, uncertainties and assumptions,
including risks related to the ability to integrate acquisitions and
alliances as planned, successful transition to a fabless business model,
operation of a services business, the highly competitive market in which
we operate, rapid changes in technologies that may displace products and
services sold by us, declining prices of products, our reliance on
distributors, delays in product development efforts, uncertainty in
consumer acceptance of our products, and changes in our level of sales
or profitability, as well as the other risks detailed from time to time
in our SEC reports, including the report on Form 10-K for the year ended
August 31, 2007. We do not assume any obligation to update any
information contained in this release.
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