Ed Gerhardt Joins Voyant as General Manager of Wireless Systems
November 27 2007 - 11:11AM
Marketwired
PALO ALTO, CA , a diversified media and technology holding
company dedicated to improving the quality of the digital world for
both businesses and consumers, announced today that Ed Gerhardt has
joined the company as General Manager of Voyant's wireless systems
business efforts. Mr. Gerhardt has a long history of building
innovative and successful businesses in the wireless field.
"Voyant is identifying and exploiting the intersection of
technology and media content in meaningful ways to cultivate unique
business opportunities. Wireless technologies are a key component
of this intersection," said Dana Waldman, Voyant's CEO. In November
2006, Voyant announced the acquisition of intellectual property
that includes advanced wireless modem technology. In June 2007, the
company announced its intention to enter the aviation broadband
market to provide airborne connectivity and content to commercial
airplane passengers, and in September 2007 the company hired Dr.
Ted Wolcott as Managing Director of this business. "Hiring Ed is
another important milestone in the advancement of our wireless
strategy," added Waldman
Herschel Stiles, Voyant's chief development officer, said, "We
are excited about applying our wireless intellectual property and
know-how, not only to aviation broadband, but also to other
wireless system opportunities, and Ed is the perfect person to help
us chart this course."
Mr. Gerhardt has a strong track record of engineering management
and entrepreneurship, having founded successful wireless startups
that were acquired by Scientific Atlanta, Comsat, and PCOM. Most
recently, he was president of Adapt4. Products from his companies
have yielded over $700 million in revenue to date. Mr. Gerhardt was
the lead technologist on the development of the first VSAT, PTM,
Spread Spectrum, and broadband millimeter-wave point-to-point
radios.
"I am very pleased to be part of this exciting and dynamic
company," said Mr. Gerhardt. "Voyant's mission to bring content all
the way from creation to consumption opens a broad world of
business opportunities, many of which involve innovation in
wireless technology. With the recent FCC decisions concerning the
availability of new wireless spectra, the timing for Voyant's
wireless ventures is ideal, and I am looking forward to being a
part of them."
About Voyant
Voyant is a media and technology holding company focused on
bringing innovative technologies, media assets, and strategic
partnerships together to deliver next-generation commercial and
consumer solutions to empower, enhance, and enrich our digital
world. The company works with strategic partners in the technology
and entertainment sectors to locate, partner with, and acquire
complementary technologies and media assets that position the
company in the value chain from content creation to direct
distribution to the consumer. More information can be found at
www.voyant.net. To receive public information, including press
releases, conference calls, SEC filings, profiles, investor kits,
news alerts and other pertinent information, please register at
www.voyant.net/investorpass.
Safe Harbor
This news release contains forward-looking statements, including
but not limited to, those that refer to the companies' future
development plans or operating results. Actual results could differ
materially from those anticipated due to risk factors that include,
but are not limited to, lack of timely development of products and
services; lack of market acceptance of products, services and
technologies; inadequate capital; adverse government regulations;
competition; breach of contract; failure to secure mutual corporate
cooperation; inability to earn revenue or profits; dependence on
and retention of key individuals; legal action barring our
employment of key individuals; inability to obtain or protect
intellectual property rights; lower sales and higher operating
costs than expected; technological obsolescence of the companies'
products; limited operating history and risks inherent in the
company's markets and business and other factors discussed on our
website on the "Investors" page, in our most recent Annual Report
on Form 10-KSB and our Quarterly Reports on Form 10-QSB filed with
the SEC. Investors are advised to read our Annual Report, quarterly
reports and current reports on Form 8-K filed after our most recent
annual or quarterly report. The forward-looking statements in this
press release represent our current views as of the dates of
individual pages and we disclaim any obligation to update these
forward-looking statements.
Media and Investor Contacts: Sean Collins CCG Investor Relations
310-477-9800, ext. 202 Sean.Collins@ccgir.com Howard Gostfrand
American Capital Ventures 305-918-7000 info@amcapventures.com
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