Wireless Telecom Group Adds Jennifer Fritzsche to Board of Directors
December 21 2020 - 4:05PM
Wireless Telecom Group, Inc. (NYSE American: WTT), (the
“Company”) announced today the appointment of Jennifer Fritzsche to
serve as an independent member of its Board of Directors. The
Company’s Board of Directors approved a resolution to increase the
number of board members from seven to eight.
Alan Bazaar, Chairman of the Board of Directors
of Wireless Telecom Group, commented, “We are pleased to welcome
Jennifer to our Board. Her unique knowledge and expertise in both
the capital markets and in communications infrastructure,
especially as it relates to 5G and wireless infrastructure, will be
an excellent addition to our Board. We are excited about WTT’s
future role in the 5G rollout and ongoing network densification and
private network deployments. I look forward to working with
Jennifer and the contributions she will make to the Company.”
Ms. Fritzsche currently serves as the Chief
Financial Officer and a director of Canopy Spectrum, LLC. Prior to
Canopy Spectrum, she spent 25 years as an Institutional Investor
ranked equity research analyst at Wells Fargo Securities covering
Telecommunications / Cable Services and Communications
Infrastructure. Ms. Fritzsche currently serves as a Senior Fellow
at Georgetown University McDonough School of Business and was
recently appointed as a director at Dycom Industries, Inc. (NYSE:
DY). She is the co-founder of the Wells Fargo Windy City Women’s
Networking Group, a member of the Chicago Economics Club, and is on
the Women’s Auxiliary Board of Misericordia Heart of Mercy. Ms.
Fritzsche has a Bachelor of Arts from the College of the Holy Cross
and Master of Business Administration, with honors, from
Northeastern University.
Jennifer Fritzsche commented, “As a leader in 5G
software and solutions for network densification, WTT is well
positioned to benefit from the growth of private networks and other
long-term secular trends currently underway within the
communications industry. I look forward to working with the
Company’s Board of Directors and management team to create
long-term value for our shareholders.”
- END -
About Wireless Telecom Group
Wireless Telecom Group, Inc.,
comprised of Boonton, CommAgility, Holzworth, Microlab, and
Noisecom, is a global designer and manufacturer of advanced RF and
microwave components, modules, systems, and instruments. Serving
the wireless, telecommunication, satellite, military, aerospace,
semiconductor, and medical industries, Wireless Telecom Group
products enable innovation across existing and emerging wireless
technologies. With a product portfolio including peak power meters,
signal generators, phase noise analyzers, signal processing
modules, LTE PHY/stack software, power splitters and combiners, GPS
repeaters, public safety components, noise sources, and
programmable noise generators, Wireless Telecom Group supports the
development, testing, and deployment of wireless technologies
around the globe.
Wireless Telecom Group, Inc.’s website address
is wirelesstelecomgroup.com. Except for historical information, the
matters discussed in this news release may be considered
"forward-looking" statements within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements
include declarations regarding the intent, belief, or current
expectations of the Company and its management. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve a number of
risks and uncertainties that could materially affect actual
results. Such risks and uncertainties are identified in the
Company's reports and registration statements filed with the
Securities and Exchange Commission, including its Annual Report on
Form 10-K for the year ended December 31, 2019.
Investor Contact
Andrew M. Berger
Managing Director
SM Berger& Company
(216) 464-6400
andrew@smberger.com
Marketing ContactMaria Droge: +1 (973)
386-9696
Wireless Telecom Group Inc.25 Eastmans RoadParsippany, NJ
07054Tel: (973) 386-9696Fax: (973) 386-9191
www.wtcom.com
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