Impinj Appoints Chief Financial Officer
SEATTLE, Wash., March 7, 2007 -- Leading semiconductor and RFID technology provider Impinj, Inc. today announced the appointment of Mark Gunning as CFO.
Gunning has 25 years of financial management experience with both privately held and public companies and specializes in developing and executing business plans and asset management programs that allow early stage companies to move into phases of high revenue growth and profitability.
Prior to joining Impinj in February 2007, Gunning was CFO at Expedia Inc. He also held positions as senior vice president of worldwide finance at AT&T Wireless, CFO of Nextlink Communications, CFO of PrimeCo Communications and corporate controller of AirTouch Communications where he helped grow the company from early stage to more than $5 billion in annual revenues. Gunning began his career with Price Waterhouse. He is a CPA and holds B.S. degrees in accounting and management from the University of Utah.
"We are extremely pleased to have Mark on board as Impinj enters the most exciting growth phase in the company's history," said William Colleran, president and CEO at Impinj. "His extensive and relevant financial management experience at successful companies will be applied immediately to advancing our reputation as a technology leader with sound financial direction and management."
About Impinj, Inc.
Impinj, Inc. is a semiconductor and RFID company whose patented Self-Adaptive Silicon® technology enables its two synergistic business lines: high-performance RFID products and semiconductor intellectual property (IP). A leading contributor to the RFID standards for high-volume supply-chain applications worldwide, Impinj leverages its technical expertise and industry partnerships to deliver the GrandPrix™ solution, comprising tags, readers, software and systems integration to offer RFID that just works™. Impinj's innovative IP products, core to the company's RFID tags, are licensed to leading semiconductor companies worldwide, allowing them to seamlessly integrate crucial nonvolatile memory (NVM) alongside analog and digital functionality on a single chip. Impinj's IP products include the popular AEON® family of embeddable cores, which provides rewriteable NVM technology in logic CMOS manufacturing. For more information, visit www.impinj.com.