Leading Developer of WirelessHD Solutions Opens Japan K.K. to Drive WirelessHD™ Product Development and Support Growing Customer Base Solutions; Appoints Yuzo Tsukui President of Japan K.K., Names Japan Distribution Partners
SiBEAM, Inc. Establishes Strong Presence in Japan to Drive WirelessHD™ Product Development and Support Growing Customer Base
Leading Developer of WirelessHD Solutions Appoints Yuzo Tsukui President of Japan K.K., Names Japan Distribution Partners
Sunnyvale, California and Tokyo, Japan - May 22, 2008 - SiBEAM, Inc. the leading innovator of millimeter wave (mmWave) semiconductor solutions and developer of high -speed wireless communications platforms, today announced the establishment of SiBEAM Japan K.K. and the appointment of Mr.Yuzo Tsukui as the President and Representative Director for SiBEAM Japan K.K. Additionally, after an extensive review process, SiBEAM also announced Microtek, Inc. and Innotech Corporation, as the official distributors for SiBEAM products in Japan.
Formation of SiBEAM Japan K.K. reflects the company's commitment to serving the Japanese market and the unrivaled interest of Japanese consumer electronics companies in SiBEAM's wireless semiconductor solutions for transmitting HD content based on the WirelessHD™ specification.
'Manufacturers in Japan are leaders in developing and building new consumer technologies and products. As demand for viewing, sharing and storing of HD digital content for both home entertainment applications and personal computing continues to grow, we will work with our local customers and partners to ensure the highest level of product quality, customer service and sales support,' said John LeMoncheck, SiBEAM's President and CEO. 'The establishment of SiBEAM Japan K.K. will bring the company closer to this leading edge market and will augment the quality of technical support to our key customers. This announcement underscores our commitment to the region and plays a prominent and strategic role in our growth in the Asian Market."
Yuzo Tsukui Joins SiBEAM, Inc. as President of SiBEAM Japan K.K.
SiBEAM named Yuzo Tsukui as the new President and Japan Country Manager. In his role, Tsukui -san will drive business development initiatives and oversee sales and distribution for SiBEAM in Japan.
'Mr. Tsukui brings to SiBEAM over 20 years of experience in the semiconductor industry. His proven track record in implementing sales strategies that yield extraordinary results and the depth of his business network in Japan gives me confidence that he will successfully promote and accelerate WirelessHD adoption and grow SiBEAM's business in Japan,' said David Yao, SiBEAM's Vice President of Sales in Asia Pacific.
Mr. Tsukui is an expert in the semiconductor and electronics industry. He joined SiBEAM, Inc. from Silicon Optix, a leading provider of video processing solutions for consumer electronics products, where he was the Senior Director of Japan Sales. Before that, he held sales and management roles at companies including AMD and Vitesse Semiconductor, a developer of semiconductor solutions for Carrier and Enterprise Ethernet networks. His accomplishments at Vitesse Semiconductor earned him a Phoenix Award for single -handedly rebuilding the company's Japanese market and growing revenues from $13M to $40M.
'SiBEAM is committed to bringing high -quality, low -cost, all -digital solutions to the market through close working relationships with our regional partners - consumer electronics and PC manufacturers - to enable the wireless delivery of rich, digital media,' said Tsukui -san, 'We will invest in the resources and partnerships across the region to ensure this happens.'
SiBEAM Names Microtek, Inc. and Innotech Corporation its Japan Distribution Partners
In addition to forming the SiBEAM Japan K.K., the company is expanding its Japanese sales and technical support operations. The addition of Microtek and Innotech will enhance SiBEAM's ability to serve its existing and prospective customers in the Japan market through assistance with sales and customer support.
'The wireless home A/V market represents a gold mine of opportunity for our distribution partners; especially when you look beyond the technology and get involved in the value added services these solutions command such as integration and design,' said Yao, 'The addition of Microtek and Innotech to our growing sales and customer support infrastructure radically enhances our ability to serve the Japan market and demonstrates just how serious we are about earning their business and becoming the leading provider of WirelessHD -based solutions.'
SIBEAM's 60 GHz -based semiconductor systems provide the first and only available option to deliver true uncompressed, lossless wireless high definition audio, video and data at an unprecedented 4 Gbps. Its advanced wireless technology solutions are designed for consumer electronics manufacturers, PC manufacturers, network infrastructure providers and others to incorporate into their next generation product lines for wireless communications.
SiBEAM is a fabless semiconductor company and founding member of the WirelessHD™ Consortium. A pioneer in developing intelligent millimeter wave technologies for wireless communications, SiBEAM is the first to build 60GHz chipsets using standard CMOS technology. The first applications for the company's innovative technology are based on the WirelessHD™ specification for home multimedia content delivery and A/V connectivity. SiBEAM is a global leader in driving the architecture and semiconductor implementation for the distribution and presentation of high -definition content in the consumer electronics and personal computing markets. Solutions for wireless personal area networks (WPAN) and automotive will follow. The company was founded in 2004 and is headquartered in Sunnyvale, California, with sales offices in San Diego and Tokyo. For more information please visit: www.sibeam.com.
Stearns Johnson Communications
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