Inseego Corp. Appoints Telematics Industry Veteran Mark Licht to its Board of Directors
January 08 2018 - 9:05AM
Business Wire
Inseego Corp. (Nasdaq: INSG), a global leader in
software-as-a-service (SaaS) business intelligence solutions,
Internet of Things (IoT) and mobile technology, today announced the
appointment of Mark Licht to its Board of Directors, effective
January 5, 2018.
“We’re thrilled to have a high-profile industry expert such as
Mark join our Board of Directors,” said Dan Mondor, President and
CEO of Inseego. “Mark’s extensive experience in both domestic and
international telematics markets will be an extremely important
asset to the Company as we look to strengthen the Ctrack brand and
expand into exciting new verticals. Mark’s entrepreneurial
background and deep industry relationships bring fresh insights to
Inseego which will help accelerate our transformation.”
“Mark’s decades of experience as a founder and senior operating
executive in the telematics industry will be invaluable to us as we
continue on our path to establish Inseego as a leading provider of
mobility solutions for the Internet of Things and connected asset
tracking market,” said Phil Falcone, Chairman of the Board of
Directors of Inseego.
Mr. Licht has an extensive background in the telematics industry
with over 25 years of experience in the formation, financing, and
operation of wireless location services and technology companies.
He has founded several high-profile companies in the telematics and
IoT markets, including Teletrac, Ituran, and Sigma One
Communications. Mr. Licht currently serves on the Boards or
Advisory Boards of a number of fleet management, insurance
telematics, data analytics, autonomous vehicle, predictive
maintenance and OEM telematics companies in the United States and
Latin America. He holds a Bachelor of Arts degree from the
University of California, Los Angeles (UCLA) and a Master of
Science degree from the London School of Economics.
“I look forward to joining Inseego’s Board to assist the Company
in continuing to grow its telematics and IoT and mobile solutions
businesses as it pursues exciting new global opportunities.
Inseego’s strong market position along with a highly innovative
Ctrack solution are compelling, and I am excited to join such a
great team,” said Mr. Licht.
About Inseego Corp.
Inseego Corp. (Nasdaq: INSG), a global leader in
software-as-a-service (SaaS) business intelligence solutions,
Internet of Things (IoT) and mobile technology, is transforming
business mobility through its broad portfolio of solutions. We
enable a wide array of applications for worldwide service provider,
enterprise and SMB markets with our asset tracking and carrier
activation solutions. Inseego’s high-performance Skyus modems and
gateways, and MiFi branded intelligent mobile devices power a wide
array of consumer, service provider, SMB and mission critical
enterprise applications with a “zero unscheduled downtime” mandate
- including industrial IoT, SD WAN failover management and
broadband mobile WiFi hotspots. Inseego is headquartered in San
Diego, California with offices worldwide. www.inseego.com Twitter
@inseego
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release may contain forward-looking statements, which are
made pursuant to the safe harbor provisions of the United States
Private Securities Litigation Reform Act of 1995, as amended to
date. These forward-looking statements involve risks and
uncertainties. A number of important factors could cause actual
results to differ materially from those in the forward-looking
statements contained herein. These factors include risks relating
to the growth of the business, the timing of such growth and future
opportunities, technological changes, new product introductions,
continued acceptance of Inseego’s products and dependence on
intellectual property rights. These factors, as well as other
factors that could cause actual results to differ materially, are
discussed in more detail in Inseego’s filings with the United
States Securities and Exchange Commission (available at
www.sec.gov) and other regulatory agencies.
©2018. Inseego Corp. All rights reserved. The Inseego name and
logo are trademarks of Inseego Corp. Other Company, product or
service names mentioned herein are the trademarks of their
respective owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20180108006014/en/
Inseego Corp.Media Contact:Anette Gaven, +1 (619)
993-3058Anette.Gaven@inseego.comorInvestor Relations
Contact:Stephen Smith, +1 (858)
247-2149Stephen.Smith@inseego.comwww.inseego.com
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