Dan Frydenlund Joins ADAPTIX as CFO; New CFO Brings Extensive Experience to Growing Wireless Broadband Firm.SEATTLE -- ADAPTIX, Inc., a leader in software defined, all-IP broadband wireless See wireless broadband. access technologies, today announced Dan Frydenlund has joined the company as chief financial officer. Frydenlund brings extensive financial management experience in emerging technology markets and in international business development. "Dan joins at an incredibly exciting time of growth and opportunity for ADAPTIX both here and abroad," said Vern Fotheringham, 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 ADAPTIX. "He will play a fundamental role in managing the future growth of the company." Prior to ADAPTIX, Frydenlund was managing director of the Sturm Group, Inc. where he was instrumental in the growth and success of several start-up companies and led the turn-around of a $500 million private equity fund. In this position, Frydenlund held active management roles including membership on the boards of directors with 15 operating companies. Before the Sturm Group, Frydenlund was executive vice president and CFO See Chief Financial Officer. of Hostmark World, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability based in London, and Formus Communications Europe, Inc., based in The Hague Netherlands. During his tenure he was instrumental in raising more than $1 billion of equity and debt, and successfully negotiated the merger of Hostmark World, LTD with Worldport Holdings. Previously, Frydenlund operated two mobile communications companies in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , and was one of the first financial professionals for OneComm, a wireless carrier based A transmission system that generates a fixed frequency (carrier) to contain the data being transmitted. See carrier. in Denver, Colorado which went public in 1993 and was acquired by Nextel in 1994. About ADAPTIX ADAPTIX is headquartered in Seattle, Washington, with product development and manufacturing in Shanghai, China. Positioned at the forefront of WiMAX development, ADAPTIX' revolutionary software-defined, hardware-enabled infrastructure platform enables service providers to answer the exploding demand for integrated mobile voice, video, and data applications. The ADAPTIX OFDMA/TDD operating system delivers service providers the highest level of spectral and resource flexibility and efficiency to deploy applications such as mobile VoIP, multimedia messaging, and other multi-megabit, QoS dependent services quickly and cost effectively. For more information, visit www.adaptix.com. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion