Message #11 From:
Stock News Bot Date: September 21, 2006 03:00:00 AM
RSMI News Rim Semiconductor Appoints Board Member
PORTLAND, Ore.--(BUSINESS WIRE)--Sept. 21, 2006--Rim Semiconductor Company (OTCBB:RSMI) today announced that it has appointed Dr. "David" Boon Tiong Tan to its Board of Directors. Dr. Tan was formerly the head of the Technology Development Department of SingTel, Asia's leading telecommunications group, where he was responsible for the development of the DSL and ATM infrastructure. He later joined Mediacorp Singapore in 2000 and managed its technology fund. More recently, Dr. Tan headed the NUS Venture Support unit where he was responsible for the funding and incubation of technology start-ups from the National University of Singapore (NUS). Dr. Tan holds a Ph.D. from Cambridge University.
"I am delighted to welcome Dr. Tan to the Rim Semi Board of Directors," stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. "Dr. Tan's service provider expertise and insight will be instrumental as we continue our technology development and market entry efforts."
"Rim Semiconductor is focused on solving the most important problem in telecommunications today," explained Dr. Tan. "Carriers are struggling with the demand for faster Internet access speeds and higher quality over longer distances, and Rim Semi's technology holds the promise of realizing their business goals. With the rapid growth of the broadband industry in the Asia-Pac countries such as Korea, Japan and China, the next few years will be very exciting and challenging for Rim Semi, and I am delighted to assist them in their growth."
About Rim Semiconductor Company
Rim Semiconductor Company (OTCBB:RSMI) has developed technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company's products allow data to be transmitted at greater speed and across extended distances over existing copper wire -- all with the highest quality of service -- for a better end-user experience. For more information, visit www.rimsemi.com.
With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation to revise or update any forward-looking statement in order to reflect events or circumstances that may arise in the future.
