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WiSpry Names Mark Becker as New CFO

IRVINE, Calif., Sept. 17 /PRNewswire/ -- WiSpry, Inc., the fabless semiconductor company developing low-cost, high-performance radio frequency micro-electro-mechanical systems (RF-MEMS) tunable components and modules for the wireless industry, today announced that Mark Becker has been named chief financial officer. Becker brings over 20 years experience in the semiconductor industry.

"Mark has an established, well-deserved reputation as a semiconductor industry leader. He has proven expertise in driving growth through operational excellence and delivering a clear strategic picture of the business landscape while implementing strong internal controls and processes," said Russ Garcia, president and CEO of WiSpry. "His expertise in cash management and driving operational efficiency is ideal for WiSpry as we drive toward revenue growth."

Becker's professional experience includes serving as Interim CFO for both Telasic Communications, Inc. in El Segundo, Calif. and u-Nav Microelectronics, Inc. in Irvine, Calif. In these roles, Becker was deeply involved in reducing the operating expenses of each company, reducing cash consumption and also actively participating in equity fund raising efforts.

He also served as vice president and chief financial officer for Transdimension, Inc. in Irvine, Calif and Jazz Semiconductor, Inc. in Newport Beach, Calif. While at Jazz Semiconductor, Becker was promoted from Conexant to lead a team of 20 employees including finance, legal and information systems. In this role, he as responsible for the development and implantation of the overall finance infrastructure and strategy. He was also responsible for the 2004 S-1 public registration filing by Jazz Semiconductor.

Becker holds a bachelor of arts in Accounting and Political Science from American University and a master of business administration from the University of Pittsburgh. He is a certified public accountant.

About WiSpry

WiSpry, headquartered in Irvine, Calif., designs and markets RF Silicon integrated circuits, components and modules to radio frequency (RF) system manufacturers of mobile phones, laptops and mobile data communications products. Utilizing the Company's core competency in RF micro-electro-mechanical systems (RF-MEMS) technology, WiSpry creates revolutionary wireless products enabled by the cost-effective integration of RF-MEMS and advanced semiconductor circuitry to create 'System on Chip' MEMS-based RF architectures. WiSpry tunable RF-MEMS devices permit the development of reconfigurable RF front-ends and enable system designers to achieve the architectural innovation required to meet the growing challenges of mobile communications networks. Investors in the company include American River Ventures, Blueprint Ventures, Hotung Capital Management, L Capital Partners, Shepherd Ventures, In-Q-Tel, Sid R. Bass Associates and The Tech Coast Angels. For more information, visit http://www.wispry.com/.

(C)2007 WiSpry, Inc.

WiSpry, Inc.

CONTACT: Lisa Porter of Porter Creative Group, +1-949-752-5891,
[email protected], for WiSpry, Inc.

Web site: http://www.wispry.com/

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