Computer Access (NASDAQ:CATZ)
Historical Stock Chart
From Jun 2019 to Jun 2024
Carmine J. Napolitano Named President of CATC
SANTA CLARA, Calif., Nov. 17 /PRNewswire-FirstCall/ -- Computer Access
Technology Corporation (CATC), a communication protocols expert company,
announced today that Carmine J. Napolitano has been promoted to President from
his current role as Vice President and Chief Financial Officer. Napolitano will
be responsible for all day-to-day operations of the Company allowing Dan Wilnai
to focus on CATC's strategic initiatives as Chairman and Chief Executive
Officer.
In September 2002, Napolitano joined CATC as its Vice President, Chief Financial
Officer, and Secretary. Prior to joining CATC Napolitano was the Vice President
of Finance & Administration and Chief Financial Officer of Centric Software from
August 1995 until August 2002. From 1993 until 1995 Napolitano was Treasurer at
Wavefront Technologies, a leader in 3D animation software. Previously Napolitano
was an Associate with Merrill Lynch & Co. in New York and was a design engineer
for Applied Magnetics, a global high tech computer component supplier.
Napolitano received a BS in Mechanical Engineering from the University of
California, Santa Barbara and a MBA in Finance from New York University.
"We are very excited about Carmine's promotion to the lead operating role in the
company," said Wilnai. "Carmine is an experienced business executive with
multi-disciplinary, hands-on experience in finance, sales and engineering. In
the time we have worked together, I learned to respect Carmine's leadership
skills, business acumen, drive and focus. CATC has an outstanding team, a large
and loyal customer base, an excellent reputation for quality products, customer
service, and technical innovation and a very solid balance sheet. Under
Carmine's leadership, we look forward to continue our drive to satisfy our
customer requirements and to enhance our shareholders' value."
About CATC
CATC, a communication protocol expert company, provides advanced verification
systems and connectivity products for existing and emerging digital
communications standards such as Bluetooth, Ethernet, Fibre Channel, IEEE 1394,
InfiniBand, PCI Express, SCSI, Serial ATA, Serial Attached SCSI (SAS), and USB.
CATC products are used by semiconductor, device, system and software companies
at each phase of their products' lifecycles from development through production
and market deployment. CATC's expert protocol analysis systems allow customers
to monitor communications traffic, diagnose design and operational problems and
confirm interoperability and standards compliance. Technicians also use CATC's
test and analysis products on production lines and for maintenance of deployed
systems and networks. CATC was founded in 1992 and is headquartered in Santa
Clara, California. For more information regarding CATC and its products, please
visit http://www.catc.com/ .
Regarding Forward-Looking Statements
This press release may contain forward-looking statements based on CATC's
current expectations, such as availability of product, market acceptance and
competition, management capability and experience, levels of growth,
profitability and shareholder value. These forward-looking statements involve
risks and uncertainties. A number of important factors could cause actual
results to differ materially from those in the forward-looking statements, such
as CATC's production of new products, market acceptance of its products,
competitive pressures, management performance, success of growth, profitability
and increased shareholder value. These factors, as well as other factors that
could cause actual results to differ materially, are discussed in more detail in
CATC's Annual Report on Form 10K, filed March 21, 2003, its most recent Form
10-Q filed on November 13, 2003 and subsequent filings CATC may make with the
SEC, as amended, which can be viewed at the Securities and Exchange Commission's
website at http://www.sec.gov/ .
DATASOURCE: Computer Access Technology Corporation
CONTACT: Carmine J. Napolitano of Computer Access Technology
Corporation, +1-408-486-7786, or
Web site: http://www.catc.com/