SAN JOSE, Calif. — May 25, 2012 —Sunrise Telecom® Incorporated (Pink Sheets: SRTI.PK), a market-leading provider of test, monitoring and workflow management solutions for cable, telecom, wireless operators and equipment manufacturers, today announced the appointment of Peter H. Kamin and Alan B. Howe to its board of directors, and that it also accepted the resignations of board members Henry P. Huff and Jennifer J. Walt. The two new directors bring to the board many years of experience serving on multiple public and private company boards.
“Peter and Alan have a solid blend of skills well suited to guiding a smaller company at the board level to recognize and capitalize on its opportunities,” stated Chris Pfeiffer, Sunrise Telecom Co-Founder and Chair of the Nominating Committee. “Henry and Jennifer have given the company many years of devoted service and I sincerely thank them.” Howe and Kamin added, “We look forward to working with the board and management of Sunrise Telecom in order to implement a business plan that provides compelling products for customers, value for shareholders, and career opportunities for the company’s valued employees.”
“I am pleased with the addition of Peter and Alan to our board and look forward to their insights and contribution to furthering the success of the company,” said Bahaa Moukadam, Sunrise Telecom’s Chief Executive Officer.
Kamin is currently the founder and managing partner of 3K Limited Partnership (www.3klp.com). For the previous 11 years, he was a founding member and Managing Partner of ValueAct Capital. Prior to founding ValueAct Capital in 2000, Kamin founded and managed Peak Investment L.P.
Kamin is presently a Director of Abatix Corp, Aldila Inc., Ambassadors Group, Inc., Rand Worldwide, Inc., Rockford Corporation, and several privately held companies. Kamin has previously served as a Director of Seitel, Inc., KAR Holdings, LeCroy Corp., Hanover Compressor, Exterran, Sirva, Inc., Insurance Auto Auctions, Inc., OneSource Information Services, Inc., Data Transmission Network, TFC Enterprises, Eskimo Pie, ACME United Corp, Hi-Port Industries, Paragon Technologies, Inc., and numerous privately held companies. He holds a B.A. from Tufts University and an MBA from the Harvard Business School.
Howe has almost 30 years of extensive hands-on operational expertise combined with corporate finance, business development and corporate governance experience. Howe has a broad business background and has been exposed to a wide variety of complex business situations within large corporations, financial institutions, start-ups, small-caps and turnarounds.
Currently, Howe is Managing Partner of Broadband Initiatives, LLC, a small boutique corporate advisory firm. His specialty is providing board leadership working with small-cap and microcap companies (both public and private), particularly in turnaround situations. Howe worked at Sprint, Covad and Teletrac in a variety of senior managerial roles. He also served both as a director and as chairman in multiple companies in a variety of industries including telecom and wireless equipment, software, IT services, wireless RF services, golf-shaft manufacturing, semiconductors, and storage.
About Sunrise Telecom Incorporated
Sunrise Telecom develops and delivers high-quality communications test and measurement solutions for telecom, cable and wireless networks. The Company's robust portfolio of feature-rich, easy-to-use products enables service providers to deliver premium voice, video, data, and next-generation digital multimedia services quickly, reliably, and cost-effectively. Based in San Jose, California, Sunrise Telecom distributes its products through a direct sales force and a global network of sales representatives and distributors. For more information, visit www.sunrisetelecom.com.
Sunrise Telecom is a registered trademark of Sunrise Telecom Incorporated. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective owners.
Contact:
Lyron Bentovim
Chief Operating Officer/Chief Financial Officer
+1 408 363 8000
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