Air Semiconductor appoints new CEO.Appointment signals a new phase for the company as it moves from product development to commercialisation SWINDON, England -- The full release can be found below and a digital image can be found at: http://www.eml.com/images/air009.jpg. Air Semiconductor, the first company to develop instant and continuous location technology for portable devices, has announced the appointment to its board of a new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Hugh Thomas
Hugh Thomas is an industry veteran with over 20 years experience in the semiconductor and cellular handset industries. He has a proven track record of growing startup companies The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. from pre-funding/development stage through to production and exit. Previously Thomas was the CEO of TapRoot taproot Main root of a primary-root system. It grows vertically downward. From the taproot arise smaller lateral roots (secondary roots), which in turn produce even smaller lateral roots (tertiary roots). Systems, an embedded software Instructions that permanently reside in a ROM or flash memory chip. Embedded software may be immediately available to the CPU or, for faster execution, may be transferred to RAM first and then executed. company, where he grew the company to over 100 employees with worldwide operations within 4 years, and achieved profitability within 6 months of fund raising. Speaking on his new position Thomas commented, "Air Semiconductor presents an exciting proposition. Its disruptive technology A new technology that has a serious impact on the status quo and changes the way people have been dealing with something, perhaps for decades. Music CDs all but wiped out the phonograph industry within a few years, and digital cameras are destined to eliminate the film industry. will, very soon, change the face of location based services. There is a huge wealth of consumer applications which will benefit from the integration of Air's technology. So far GPS has focused largely on navigation applications; we believe this will only represent a small portion of the location industry enabled by our technology 3-5 years from now." Hugh Thomas joined Air Semiconductor on the 28th April 2008. Editor's notes: Air Semiconductor was found in 2006 and is based in Swindon, UK and currently employs 12 people. Funded by Pond Venture Partners, it is a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. designing and marketing products for providing geographical location information for battery powered devices. www.air-semi.com Pond Venture Partners www.pondventures.com is Europe's largest early-stage technology venture capital fund, founded in 1997 and with more than $200 million under management. Pond operates as a cohesive team based in London and Silicon Valley, with strong connections in Asia. Pond's venture team includes acclaimed entrepreneurs, business leaders and technology visionaries, all with an international focus and a focus on partnering with their portfolio companies for success. Pond is regulated by the FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) . www.pondventures.com |
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