WaveLight, Inc. CEO to Lead US Operations.STERLING, Va. -- WaveLight, Inc., (FWB (Fixed Wireless Broadband) See fixed wireless. :WLT) a subsidiary of WaveLight AG, announced today that Wolfgang Tolle has joined the company as the 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. of US operations. Wolfgang Tolle will assume responsibility for all business activities at the US-based subsidiary and will report to Max Reindl, CEO of WaveLight AG. "With WaveLight's two recent FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approvals for the ALLEGRETTO al·le·gret·to Music adv. & adj. In a moderately quick tempo, usually considered to be slightly slower than allegro but faster than andante. Used chiefly as a direction. n. pl. WAVE(R) Eye-Q 400 hertz system and the mixed astigmatism treatment for the ALLEGRETTO WAVE, we believe the timing is ideal for this executive appointment," said Max Reindl, CEO of WaveLight AG. "Wolfgang Tolle's proven expertise in successfully building and managing companies with an international presence will provide the leadership for WaveLight to achieve its next stage of growth in the US market." "I am excited to join a company with such an accomplished team, outstanding product portfolio and rapidly accelerating range of FDA approvals," said Wolfgang Tolle, CEO of WaveLight, Inc. "WaveLight has built its foundation on superior technology and outstanding clinical outcomes. It is my intention to continue this mission while making this technology more accessible to US physicians." Wolfgang Tolle has a wealth of experience in managing innovative technology companies. Most recently, he was the CEO of Launchdreams, a company that specializes in helping international enterprises become established and grow in the US. He has held numerous other executive positions, among them as CEO, V.P. of Customer Service and CTO at Cyveillance, as President of Virginia's Center for Innovative Technology and as President of the US office of the German National Research Center for Computer Science. Prior to moving to the U.S. in 1990, he held management positions in the software industry in Germany and was a Senior Research Assistant in Computer Science at the University of Dortmund History Dortmund University was founded in 1968, during the decline of the industrial industry in the Ruhr region. Its establishment was seen as an important move in the economic change (Strukturwandel) from heavy industry to technology. , where he received an MS in Computer Science and a BS in Business Management. WaveLight AG (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. DE 000 512 5603) WaveLight AG, listed in Deutsche Borse AG's Prime Standard since January 2003, develops, produces, and markets a high-quality, end-to-end product portfolio in the fields of ophthalmology and aesthetics. WaveLight's market success is based on its innovative range of products that are the technology leaders in their areas of application and its broad-based sales network featuring both own sales channels and strategic partners. In the past fiscal year 2004/2005, WaveLight generated revenues of EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 80.7 million and EBIT EBIT See: Earnings Before Interest and Taxes EBIT See earnings before interest and taxes (EBIT). of EUR 8.8 million. Its average growth rate (CAGR CAGR See: Compound Annual Growth Rate ) since 2000/2001 amounts to 35 percent for revenues and 63 percent for EBIT. Further information on WaveLight is available at: www.wavelight.com All information is given and all assessments are made on the basis of extremely conscientious research. However, no guarantee is given with regard to the information or assessments published. No liability whatsoever is accepted. The above statements do not represent an invitation to buy or sell securities. All rights reserved. |
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