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RADNW Radyne Comstream Wts 2/05 (MM)

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Share Name Share Symbol Market Type
Radyne Comstream Wts 2/05 (MM) NASDAQ:RADNW NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Radyne ComStream's Board Elects Dr. C. J. Waylan as Chairman

19/05/2004 1:55am

PR Newswire (US)


Radyne Comstream Wts 2/05 (MM) (NASDAQ:RADNW)
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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/

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