Contact Information: Editorial Contacts: Jim Donaldson Impinj, Inc. 206-834-1091 Email Contact Lynda Kaye Mango Communications for Impinj 650-799-2888 Email Contact
SEATTLE, WA -- (MARKET WIRE) -- March 7, 2007 -- Leading semiconductor and RFID technology
provider Impinj, Inc. today announced the appointment of Mark Gunning as
CFO.
Gunning has 25 years of financial management experience with both privately
held and public companies and specializes in developing and executing
business plans and asset management programs that allow early stage
companies to move into phases of high revenue growth and profitability.
Prior to joining Impinj in February 2007, Gunning was CFO at Expedia Inc.
He also held positions as senior vice president of worldwide finance at
AT&T Wireless, CFO of Nextlink Communications, CFO of PrimCo Communications
and corporate controller of AirTouch Communications where he helped grow
the company from early stage to more than $5 billion in annual revenues.
Gunning began his career with Price Waterhouse. He is a CPA and holds B.S.
degrees in accounting and management from the University of Utah.
"We are extremely pleased to have Mark on board as Impinj enters the most
exciting growth phase in the company's history," said William Colleran,
president and CEO at Impinj. "His extensive and relevant financial
management experience at successful companies will be applied immediately
to advancing our reputation as a technology leader with sound financial
direction and management."
About Impinj, Inc.
Impinj, Inc. is a semiconductor and RFID company whose patented
Self-Adaptive Silicon® technology enables its two synergistic business
lines: high-performance RFID products and semiconductor intellectual
property (IP). A leading contributor to the RFID standards for high-volume
supply-chain applications worldwide, Impinj leverages its technical
expertise and industry partnerships to deliver the GrandPrix™ solution,
comprising tags, readers, software and systems integration to offer RFID
that just works™. Impinj's innovative IP products, core to the company's
RFID tags, are licensed to leading semiconductor companies worldwide,
allowing them to seamlessly integrate crucial nonvolatile memory (NVM)
alongside analog and digital functionality on a single chip. Impinj's IP
products include the popular AEON® family of embeddable cores, which
provides rewriteable NVM technology in logic CMOS manufacturing. For more
information, visit www.impinj.com.
Impinj, Speedway, Self-Adaptive Silicon, GrandPrix, Monza, "RFID that just
works," and AEON are either registered trademarks or trademarks of Impinj,
Inc.
