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Impinj Appoints Chief Financial Officer

Leading semiconductor and RFID technology provider Impinj, Inc. today announced the appointment of Mark Gunning as CFO.

Seattle, WA 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."

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Wednesday, March 7, 2007

About Impinj

Impinj (NASDAQ: PI) helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things—such as apparel, automobile parts, luggage, and shipments—to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. 

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Jill West
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Phone: +1 206-834-1110
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