Bandspeed Inc. Announces New CEO; Walt Thirion to Guide Development of Bandspeed's Ground-breaking Wireless LAN Access Point Switch.Business Editors/High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--May 9, 2003 Bandspeed Inc. today announced the appointment of Walt Thirion to interim 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. of the privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Mr. Thirion has been Chairman of Bandspeed's board of directors since December 2000. Last month, Bandspeed introduced its Gypsy(tm) wireless LAN A local area network that transmits over the air typically in the 2.4 GHz or 5 GHz unlicensed frequency band. It does not require line of sight between sender and receiver. Wireless base stations (access points) are wired to an Ethernet network and transmit a radio frequency over an area (WLAN See wireless LAN. WLAN - wireless local area network ) spatial division multiple access (SDMA (Spatial Division Multiple Access) A satellite communications method that transmits within the same frequency to different receiving zones on earth. It takes advantage of the narrow beams that can be transmitted by the satellite to dish antennas and allows ) access point switch technology, which enables system administrators to deploy easy-to-manage, multi-node Wi-Fi networks See wireless Ethernet and 802.11. that far exceed the performance capabilities of current WLAN products. Mr. Thirion is co-founder and General Partner of JatoTech Ventures, L.P., a major Bandspeed investor. He has been actively involved with Bandspeed's technology and business development since joining the board of directors, and he will retain his position as Company Chairman, as well as his partnership at JatoTech Ventures. Mr. Thirion succeeds Michael Luther, Bandspeed's co-founder and CEO, who will remain on the board and active with the company. "Bandspeed's Gypsy technology will change the way 802.11 networks are deployed and I'm very excited to be part of the team," said Thirion. Previously, Mr. Thirion was co-founder, president, and CEO of two successful high-tech companies. Thomas-Conrad Corporation (1985-1995) was founded in 1985 and acquired by Compaq Computer in 1995. Jato Technologies (1996-1999) was acquired by Level One Communications in November 1998, which was then acquired by Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking in August 1999. In 1991, Mr. Thirion was named Austin Entrepreneur of the Year. He received a B.S. in Physics from Kent State University and attended doctoral studies in nuclear physics at the University of Texas at Austin “University of Texas” redirects here. For other system schools, see University of Texas System. The University of Texas at Austin (often referred to as The University of Texas, UT Austin, UT, or Texas . About Bandspeed Bandspeed is a privately held, Austin, Texas-based company developing revolutionary products that enable wireless LAN networking infrastructure equipment. Bandspeed's solutions significantly improve the performance, scalability, manageability and total cost of ownership of WLANs. Bandspeed's Gypsy WLAN access point switch architecture is a giant step forward for system administrators to intelligently deploy easy-to-manage, multi-node networks that far exceed the performance capabilities of current WLAN products. For more information on Bandspeed and its Gypsy technology for WLAN infrastructure evolution, contact the company at 512/358-9000, or visit Bandspeed's Web site at www.bandspeed.com. Bandspeed and Gypsy are trademarks of Bandspeed Inc. All other trademarks are property of their respective owners. |
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