Radyne Corp (MM) (NASDAQ:RADN)
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Radyne ComStream's Board Elects Dr. C. J. Waylan as Chairman
PHOENIX, May 18 /PRNewswire-FirstCall/ -- Radyne ComStream (Nasdaq: RADN;
RADNW) today announced that its Board of Directors elected Dr. C. J. Waylan as
its Chairman. Dr. Waylan replaces Mr. Ming Seong Lim who served as Chairman
since August 1996. Mr. Lim, who resides in Singapore, did not stand for
re-election to the Board.
Dr. Waylan has been a Director since February 2000 and is a member of the Audit
and Compensation Committees of the Board. He is currently an advisor to
several telecommunications and satellite companies. Since September 1997 he
has been President and Chief Executive Officer of CCI International, NV. Before
retiring in 1996, Dr. Waylan served in several senior executive positions for
GTE Corporation. He served as president of GTE Spacenet and as Executive Vice
President in the GTE wireless group, which included GTE Mobilnet. Dr. Waylan
served in the US Navy for twenty years in a number of space and
communications-related positions. He has a BS degree from the University of
Kansas, and an MSEE and Ph.D. from the Naval Postgraduate School. He currently
serves on the boards of directors of Globecomm Systems, Inc., fSONA
Communications Corporation and CCI International.
"We want to express our gratitude to Mr. Lim for his faithful service to our
Board of Directors through our emerging years," said Bob Fitting, CEO. "We are
delighted that the Board has selected Jerry Waylan as our new Chairman."
About Radyne ComStream
Radyne ComStream designs, manufactures, sells, integrates and installs
products, systems and software used for the transmission and reception of data
and video over satellite, microwave and cable communication networks. The
company, through the Tiernan subsidiary (http://www.tiernan.com/), is a
supplier of HDTV and SDTV encoding and transmission equipment. The Armer
subsidiary (http://www.armercom.com/) provides innovative solutions for the
integration and installation of turnkey communications systems. The company
has offices in the U.S. located in Phoenix, San Diego and Boca Raton, and
internationally in Singapore, Beijing, Jakarta and London. The company also
has sales and/or service centers in Rio de Janeiro, Bangalore, Shanghai and
Moscow. For more information visit our web site at http://www.radn.com/.
For further information, please contact: Malcolm Persen, Chief Financial
Officer of Radyne ComStream, +1-602-437-9620.
DATASOURCE: Radyne ComStream
CONTACT: Malcolm Persen, Chief Financial Officer of Radyne ComStream,
+1-602-437-9620
Web site: http://www.armercom.com/
Web site: http://www.tiernan.com/
Web site: http://www.radn.com/