RSYS Radisys Corp.

Radisys Appoints Steve Domenik to Board of Directors

Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced the appointment of Stephen Domenik to its Board of Directors. Making room on the Board for Mr. Domenik, and to help manage board size, Scott Gibson has offered to leave the Board. Over the last few years, Mr. Gibson has led the efforts to refresh the Board of Directors and identify suitable candidates to assist the Company in moving forward with its new software and services business strategy.

Mr. Gibson commented, “I am proud of our collective efforts over the past few years to transition to a software and services business model from the old hardware-centric strategy and a board refresh has been critical for this strategy to succeed. It has been my privilege to identify and recruit Steve to the Board of Directors to help the Company achieve its goals.”

Since 1995, Mr. Domenik has served as a general partner of Sevin Rosen Funds, a venture capital firm. From 2010 to 2016, Mr. Domenik served on the board of directors of Pixelworks, Inc., and, from February 2016 to April 2016, Mr. Domenik served as its Interim Chief Executive Officer. Mr. Domenik is also a member of the boards of directors of Emcore Corporation, a provider of advanced mixed-signal optics products (since 2013) and MoSys, Inc., a semiconductor company (since 2012). Previously, Mr. Domenik served as a member on the board of directors of YuME, a video advertising leadership and innovation company, Meru Networks, Inc., a cyber-security solutions company and PLX Technology, Inc., an integrated circuit company. Mr. Domenik holds an A.B. in Physics and M.S.E.E. from the University of California, Berkeley.

Ron de Lange, Radisys Chairman, commented, “We are pleased to add a director of Steve's caliber to the Board. Steve brings a wealth of public company board experience and a track record of helping management teams create shareholder value. I’d also like to thank Scott for his years of service and specifically his leadership of our board refresh initiatives over the past few years which have resulted in the replacement of three board members with new directors, including myself and the new appointment of Steve.”

EN
07/02/2018

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Radisys Corp.

 PRESS RELEASE

Radisys Reports First Quarter 2018 Results

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced financial results for the first quarter ended March 31, 2018. First Quarter Summary Consolidated revenue of $26.2 million, with Software-Systems revenue growth of 10% over prior year; GAAP gross margin of 26.6% and non-GAAP gross margin of 32.8%; GAAP loss per share of ($0.16) and non-GAAP loss per share of ($0.08), at the favorable-end of ...

 PRESS RELEASE

Radisys to Announce First Quarter 2018 Financial Results on May 1

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced it will distribute its first quarter 2018 financial results on Tuesday, May 1, 2018, at approximately 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time). Subsequent to the press release, Brian Bronson, President and Chief Executive Officer of Radisys, and Jon Wilson, Chief Financial Officer, will host a conference call and audio webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the Company’...

 PRESS RELEASE

Radisys Announces Preliminary First Quarter Revenue Exceeding High-End...

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced preliminary first quarter 2018 revenue of approximately $25.5 million, exceeding the high-end of the Company’s prior guidance range of $22 million to $24 million. The Company also expects non-GAAP earnings per share to be within the prior guidance range of ($0.12) to ($0.08) per share. "Our preliminary first quarter results reflect better than anticipated orders, primarily in our Hardware Solutions...

 PRESS RELEASE

Radisys to Present at the ROTH Conference on March 13

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced that Brian Bronson, President and Chief Executive Officer, and Jon Wilson, Chief Financial Officer, will present at the 30th Annual ROTH Conference to be held at The Ritz-Carlton hotel in Dana Point, CA. Management is scheduled to present at 9:00 a.m. Pacific Time on Tuesday, March 13, 2018 and will be available to meet with investors throughout the day. Portfolio managers and analysts who wish to ...

 PRESS RELEASE

Radisys Announces Changes to Board of Directors

HILLSBORO, Ore.--(BUSINESS WIRE)-- Radisys Corporation (NASDAQ: RSYS), a global leader of open telecom solutions, today announced the appointment of Steve Domenik as Chairman of the Board and Mr. Domenik will also assume the role of Chairman of the Audit Committee. Ron de Lange and Hubert de Pesquidoux each resigned from the Board to pursue other mutual interests. Effective immediately upon these resignations, the size of the Company’s Board of Directors was reduced from six to four directors. Brian Bronson, Radisys President...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch