Exhibit 99.1
ENDWAVE APPOINTS SENIOR MANAGERS
COMPANY REORGANIZES FOR IMPROVED BUSINESS & MARKET FOCUS
SUNNYVALE, Calif., Aug. 4 /PRNewswire-FirstCall/ -- Endwave Corporation
(Nasdaq: ENWV), a leading provider of high frequency RF modules for
telecommunications networks, defense electronics and homeland security
systems, today announced the appointment of several key senior management
positions.
John Mikulsky, formerly the Chief Marketing Officer and Senior Vice
President of Marketing and Business Development, has been promoted to the newly
created role of Chief Operating Officer and Executive Vice President.
Additionally, Mr. Mikulsky will lead Endwave's rapidly growing Defense and
Homeland Security Business Unit. Mark Hebeisen will continue as Vice President
of Marketing, and add Business Development activities to his responsibilities.
Steve Layton, formerly Vice President of Sales, will transition to Vice
President and General Manager of Endwave's Telecom Business Unit.
"I am pleased to announce these critical new roles for John, Mark and
Steve," said Ed Keible, CEO and President of Endwave Corporation. "Endwave has
evolved rapidly over the past few years, from a pure telecommunications
sub-system supplier to a more diversified company with a rapidly growing defense
electronics and homeland security customer base. This reorganization provides us
with clear focus on our diverse markets. Each of these officers has already made
significant contributions to our diversification strategy, and I look forward to
their leadership in helping to write the next chapter in Endwave's story."
John Mikulsky, Chief Operating Officer and Executive Vice President
Mr. Mikulsky serves as Chief Operating Officer, reporting to Ed Keible,
President and CEO of Endwave. As COO, Mr. Mikulsky has overall
responsibilities for Operations, Product Development and Business Unit
Management. Prior to this assignment, Mr. Mikulsky served as Endwave's Chief
Marketing Officer and Senior Vice President of Market and Business Development
from 2000 to 2005, responsible for corporate marketing as well as merger and
acquisition efforts. Previously, Mr. Mikulsky served from 1993 until 1996 as
a Technology Manager for Balazs Analytical Laboratory, a provider of
analytical services to the semiconductor and disk drive industries. Prior to
1993, Mr. Mikulsky worked at Raychem Corporation, most recently as a Division
Manager for the Electronic Systems Division. Mr. Mikulsky holds a B.S. in
electrical engineering from Marquette University, an M.S. in electrical
engineering from Stanford University and an M.S. in Management from the Sloan
School at M.I.T.
Mark Hebeisen, Vice President of Marketing and Business Development
Mr. Hebeisen serves as Vice President of Marketing and Business
Development, reporting to Ed Keible, President and CEO of Endwave. In his
expanded role, Mr. Hebeisen's responsibilities include successful implementation
of Endwave's merger and acquisition strategy, business development, corporate
marketing, and investor relations. He joined Endwave in connection with the
September 2002 acquisition of the wireless assets of Signal Technology's
Wireless Group (SWG). From 1999 to 2002, Mr. Hebeisen was V.P. of Technology and
Business Development for SWG, where he was responsible for engineering and sales
divisions of the fixed wireless commercial business unit. Prior to 1999, Mr.
Hebeisen was Director of Engineering and Sales, as well as an original founder
of Advanced Frequency Products (AFP), a private millimeter wave transceiver
start-up company that was later sold to Signal Technology. From 1990 to 1997,
Mr. Hebeisen held various RF and microwave design positions for both defense and
commercial wireless applications with Alpha Industries and Raytheon. Mr.
Hebeisen holds both BSEE and MSEE degrees from the University of Massachusetts
at Amherst.
Steve Layton, Vice President and General Manager, Telecom Business
Mr. Layton serves as Vice President and General Manager of Endwave's
Telecom Business Unit, reporting to John Mikulsky, COO. Mr. Layton is
responsible for the continued growth of Endwave's telecommunications business.
Prior to this new assignment, Mr. Layton served as Vice President of Sales for
Endwave from 2003 to 2005. He joined Endwave in 1998 as Director of Sales
with over 20 years of engineering sales experience in the microwave/millimeter
wave telecommunications industry. Prior to Endwave, Mr. Layton was the
Director of Sales for VertiCom, Inc. from 1995 to 1998 where he was
responsible for establishing sales channels and launching products for the
SatCOM and terrestrial communications markets. From 1982 to 1989, Mr. Layton
held various Director of Sales positions at Monolithic Microsystems,
Microsource, and Pacific Monolithics. Mr. Layton began his career in sales at
Avantek, where he was Regional Sales Manager from 1978 to 1982. From 1973 to
1977, Mr. Layton served in the U.S. Army in Okinawa, Japan as a Technical
Assistance Coordinator. Mr. Layton holds a degree in engineering from the
University of Hawaii and a degree in business from the University of Maryland.
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.
Our RF modules are typically used in high-frequency applications and include
integrated transceivers, amplifiers, synthesizers, oscillators, up and down
converters, frequency multipliers and microwave switch arrays. Endwave has 38
issued patents covering its core technologies including semiconductor and
proprietary circuit designs. Endwave Corporation is headquartered in Sunnyvale,
CA, with operations in Diamond Springs, CA; Andover, MA; and Chiang Mai,
Thailand. Additional information about the company can be accessed from the
company's web site at http://www.endwave.com .
"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. Words such as
"plans," "intends," "expects," "believes" 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 ability to achieve
and maintain profitability; our customer and market concentration; our
suppliers' abilities to deliver raw materials to our specifications and on time;
our successful implementation of next-generation programs, including inventory
transitions; our ability to penetrate new markets; fluctuations in our operating
results from quarter to quarter; our reliance on third-party manufacturers and
semiconductor foundries; acquiring businesses and integrating them with our own;
component, design or manufacturing defects in our products; and our dependence
on key personnel. 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 quarterly report on Form 10-Q. Endwave
does not undertake any obligation to update such forward-looking statements.
SOURCE Endwave Corporation
-0- 08/04/2005
/CONTACT: Mark Hebeisen, Vice President, Marketing and Business
Development of Endwave Corporation, +1-978-686-4400, ext. 105/
/Web site: http://www.endwave.com /