SOURCE: NewPath Networks

NewPath Networks Distributed Antenna Systems

January 14, 2010 11:00 ET

NewPath Appoints Wireless Veteran to CFO Post

SEATTLE, WA--(Marketwire - January 14, 2010) - NewPath Networks, an industry leader in the design, development and operation of fiber-fed DAS (distributed antenna system) wireless carrier networks, today announced the appointment of Palvi Mehta as its chief financial officer.

Mehta brings to NewPath more than 15 years of experience in the wireless, technology and manufacturing industries. She has held numerous senior financial management and operations positions with responsibility for taking companies from startup to significant revenue growth. In these positions, she has guided financial growth and strategic development, executed mergers and acquisitions, raised capital and debt, and has implemented various business and operational systems.

"We are excited about adding a wireless veteran to our team who has depth and breadth of expertise in finance and wireless," said Mike Kavanagh, chief executive officer of NewPath Networks. "As we enter the next stage of our aggressive growth plan, Palvi is the right choice to lead us in securing additional financing and debt instruments, negotiating mergers and acquisitions, and managing daily financial operations to support the company's strategic expansion in existing and new markets."

Prior to NewPath, Mehta was the CFO of RadioFrame Networks where she oversaw the company's financial management and accounting function. At RadioFrame, she managed all areas of finance, production and administration for nearly a decade. Mehta also previously worked at Ernst & Young, where she provided management and financial consulting to clients in the finance and biotechnology sectors.

Mehta became a licensed certified public accountant while working at the San Francisco office of Ernst & Young. She graduated summa cum laude from the University of California, Berkeley in 1988, where she earned a bachelor of science in business administration, with an emphasis in accounting and finance.

ABOUT NEWPATH NETWORKS

NewPath Networks (www.newpathnetworks.net) is a wireless infrastructure company that designs, develops and operates fiber-fed wireless carrier networks using a distributed antenna system (DAS) to improve signal strength and network capacity. NewPath's solutions solve wireless network coverage and capacity challenges driven by growth in data and multimedia applications. The company's cost-effective, invisible wireless DAS networks accommodate multiple carriers without new cell site or tower build-out. Communities using NewPath's DAS are able to conceal antennas and equipment, and improve cellular coverage across multiple carriers with minimal impact to aesthetics. Distributed antenna systems are also ideal for large corporate or university campus environments, where the systems provide on-campus coverage and capacity for multiple carriers with a single system that is managed by NewPath. Service providers licensing space on DAS networks gain efficiencies in time-to-market and reduced capital expenditures for hardware, facilities, and stealth building costs, as well as reductions in ongoing operational expenses.

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