PRESS AND EVENTS: PRESS RELEASES
Bandspeed Appoints Former Texas Instruments Executive Bill Eversole as New President and CEO
Eversole brings over 30 years experience of business and product development in the semiconductor industry
AUSTIN, May 3, 2004óBandspeed, a leading semiconductor company designing spatial division multiple access (SDMA) components for wireless LAN access point (AP) vendors, announced today the appointment of Bill Eversole as president and chief executive officer. Eversole replaces interim CEO Walt Thirion, who remains as the companyís chairman of the board. Eversole will be responsible for all Bandspeed operations, including product development and production as well as marketing, sales and business development.
Eversole worked at Texas Instruments from 1973 to 2002, where he rose from a defense systems integrated circuit design engineer to become general manager of the Worldwide DSL Business in the Broadband Communications Group. There he guided the company from a distant number four in the DSL central office and customer premise equipment (CPE) market to a solid number two, shipping over nine million ADSL ports while improving margins on all products. His technical achievements include creating the industryís first integrated two-chip ADSL CPE solution.
Since 2002, Eversole served as president and chief operating officer of Quellan, Inc., a semiconductor company that develops high-speed integrated circuits for communications equipment. Eversole oversaw day-to-day operations at Quellan, providing experienced and disciplined leadership in strategy, technology development, product development, and business growth. He was active in the broadening of the application space for Quellanís cooperative signal processing technology and defining cooperative developments with key customers in the high-speed interconnect market space.
"We are very happy to welcome Bill Eversole into our company as the new president and CEO," said Walt Thirion, chairman of the board for Bandspeed. "Bill has demonstrated that he can rapidly and profitably scale a large business operation in a highly competitive market. Whatís more, he has experience as a high-level executive for a smaller, fast-track semiconductor company. Bill is uniquely qualified to help Bandspeed develop into a major force in the worldwide wireless LAN infrastructure market."
"Bandspeedís unique approach to Wi-Fi network management gives the company an edge, and Iím very excited about the new opportunities that we have here," said Eversole. "Itís a privilege to work with a team thatís changing the WLAN landscape, and Iím looking forward to pushing the limits of the technology so our customers can break new ground in Wi-Fi network development."
Eversole received his M.S. and Ph.D. degrees in electrical engineering from Southern Methodist University after earning a B.S. at the University of Tennessee. He also completed The Executive Program at the Michigan Business School. Eversole is a senior member of the Institute of Electrical and Electronics Engineers (IEEE) and a previous member of the board of directors of the Center for Telecommunications Management and the Telecommunication Industry Association. He also served as a mentor in the Menttium 100 Program.
Bandspeed, a privately held, Austin, Texas-based semiconductor company, is the world's first semiconductor company that designs spatial division multiple access (SDMA) components for wireless LAN (WLAN) access point (AP) vendors. Bandspeed's GypsyTM SDMA architecture and Listen and LearnTM software are the basis of the company's AP System-on-a-Chip (AP SOC) IC products. Ideal for applications such as VoWLAN (voice over WLAN) and other applications that are capacity and latency sensitive, the company's signal processing systems for interference mitigation and signal recovery set new standards for WLAN deployment and performance. Bandspeedís products enable the deployment of APs with 6x the performance and 36x the coverage of conventional APs, thereby significantly reducing the cost and complexity associated with the deployment and manageability of WLANs.
For more information on Bandspeed and its Gypsy and Listen and Learn technologies, please contact the company at (512) 358-9000, or visit Bandspeedís Website at http://www.bandspeed.com/