Alien Technology Announces Election of Stan Meresman to Board of Directors.MORGAN HILL, Calif. -- Alien Technology(R) today announced the election of Stan Meresman to the company's Board of Directors. Most recently a Venture Partner with Technology Crossover Ventures and a former CFO See Chief Financial Officer. of Silicon Graphics and Cypress Semiconductor, Meresman brings to Alien's board a 28-year track record of providing financial and operational leadership to high growth companies. "We enthusiastically welcome Stan to our board," said Tom Baruch, Chairman of the Board, Alien Technology. "Stan has broad financial background and expertise in corporate governance with public companies serving global markets. His experience will prove highly valuable to Alien Technology as the company achieves the next stage of growth." "The promise of RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. technology is starting to be realized with Alien Technology playing a key role," said Stan Meresman. "I am pleased to join Alien's Board of Directors and look forward to helping Alien expand its business and achieve its long-term objectives." An advisor to numerous high growth companies, Mr. Meresman was most recently with Technology Crossover Ventures (TCV), a leading provider of growth capital to high tech companies, where he served as General Partner and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Previously, he was Senior Vice President and CFO of Silicon Graphics, Inc. (SGI) from 1989 to 1997. During his tenure, SGI grew revenue form $250 million to $3.8 billion, completed four major acquisitions, and formed more than a dozen key strategic alliances. Prior to SGI, Mr. Meresman was at Cypress Semiconductor where he served as Vice President, Finance and Administration and CFO as the company grew from $2 million to more than $100 million and successfully completed its IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. . Mr. Meresman currently serves on the Board of Directors of Polycom, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PLCM) and Riverbed Technology, Inc. He has been a guest lecturer at Stanford Graduate School of Engineering Capital Formation course and at a Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. management course. He holds a B.S. degree in Industrial Engineering & Operations from the University of California, Berkeley The University of California, Berkeley is a public research university located in Berkeley, California, United States. Commonly referred to as UC Berkeley, Berkeley and Cal and a MBA degree from Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford Business School or Stanford GSB) is one of the professional schools of Stanford University, in Stanford, California. It is one of the leading business schools in the United States. . About Alien Technology Alien Technology Corporation is a leading provider of Radio Frequency Identification See RFID. (RFID) products for global customers in government, retail, manufacturing, pharmaceuticals, transportation, and other industries. Using its patented manufacturing process, Fluidic Self Assembly (FSA(R)), Alien(R) manufactures EPC tags in very high-volumes and at low cost. The company also provides RFID readers for a variety of applications including supply chain management, logistics, and anti-counterfeiting, to improve inventory management and reduce operating costs. Alien is an active member of EPCglobal. More information about Alien Technology Corporation can be found on the Company's website at www.alientechnology.com. Alien, Alien Technology, the Alien logo, and FSA are trademarks or registered trademarks of Alien Technology Corporation in the United States and other countries. Copyright 2005 Alien Technology Corporation. All rights reserved |
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