David Claassen Joins WFI as Vice President, IP and Core Network Engineering
SAN DIEGO, Oct 04, 2005 /PRNewswire-FirstCall via COMTEX/ -- Wireless Facilities, Inc. (WFI) (Nasdaq: WFII), a global leader in the design, deployment, and management of wireless communication networks, technology networks and security systems, announced today that David Claassen has agreed to join the Company in the role of Vice President, Internet Protocol (IP) and Core Network Engineering for WFI's U.S. Wireless Network Services division. Mr. Claassen has more than fifteen years of executive management experience in engineering, including extensive expertise in the telecommunications industry. Most recently he served as Vice President, Engineering Development at Nextel Communications. Claassen will join WFI October 10 and will be based in WFI's Reston, Virginia office.
In his new role at WFI, Claassen will be responsible for the management of the Company's domestic transport, switch, core and IP networks business for wireless carriers and equipment vendors as well as the Company's Advanced Technology Group (ATG) which provides technology consulting services. In this capacity he will be responsible for project execution as well as supporting new business development.
At Nextel, Claassen was responsible for the technical design and development of all of Nextel's integrated network systems and services including transport, core network, IP WAN, voice and packet data services, and subscriber devices. He supported over 180 projects, including upgrades of fixed network elements, the design and integration of emerging products, preliminary designs for next generation transport and in-building solutions, and the commercialization of next generation technology solutions. Previously, Claassen was Vice President and Chief Technology Officer for Telepad, Inc. where he directed all technical services, including R&D, engineering, manufacturing and IT. Additionally, he held the position of Vice President, Engineering for Sensys Corporation where he was responsible for the development, deployment and implementation of network-based equipment and solutions, and Vice President, Engineering for Octagon Engineering and where he focused on global short messaging and telemetry services. Claassen earned a Bachelor of Science in Electrical Engineering degree from George Mason University in Fairfax, Virginia.
"Dave's strong engineering and management skills and his expertise in core network technology will be a tremendous asset in strengthening our engineering team as we seek to capitalize on opportunities related to core data networks and the conversion by carriers to IP technology," said Eric DeMarco, President and CEO of WFI. "As carriers seek to invest in the development of converged voice and data networks, we believe there is opportunity for vendor independent engineering firms such as WFI to assist them in their design, deployment, integration, testing and ongoing maintenance efforts. With Claassen's valuable perspective and leadership, we are poised to provide our clients with strategic planning and the state of the art technology services they need in order to achieve their goals."
About WFI
Headquartered in San Diego, CA, WFI is an independent provider of systems engineering, network services and technical outsourcing for the world's largest wireless carriers, enterprise customers and for government agencies. The company provides the design, deployment, integration, and the overall management of wired and wireless networks which deliver voice and data communication, and which support advanced security systems. WFI has performed work in over 100 countries since its founding in 1994. News and information are available at www.wfinet.com. (code: WFI-mb)
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, expressed or implied statements concerning the Company's expectations regarding future financial performance and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; the adoption rate of new wireless data services; financial constraints on our customers that could cause us to write off accounts receivable or terminate contracts; failure to successfully consummate acquisitions or integrate acquired operations; changes in the Company's effective income tax rate; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Annual Report on Form 10-K filed on March 31, 2005 and in other filings made with the Securities and Exchange Commission.
Media Contact: Michael Baehr VP of Communications Wireless Facilities, Inc. 858.228.2799 Direct michael.baehr@wfinet.com Investor Contact: Rochelle Bold Senior VP of Corporate Development & Investor Relations Wireless Facilities, Inc. 858.228.2649 Direct rochelle.bold@wfinet.com
SOURCE Wireless Facilities, Inc.
Media, Michael Baehr, VP of Communications, +1-858-228-2799, michael.baehr@wfinet.com, or Investors, Rochelle Bold, Development & Investor Relations, +1-858-228-2649, rochelle.bold@wfinet.com, both of Wireless Facilities, Inc.
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