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PCTEL Announces New Investor Relations Firm

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PCTEL, Inc. (PCTI) has appointed Alpha IR Group as its new investor relations advisor. This strategic move is aimed at enhancing investor messaging and expanding its institutional investor base. CEO David Neumann expressed optimism about Alpha IR's ability to provide valuable insights into capital markets, while Alpha IR's CEO Chris Hodges highlighted the compelling growth opportunities for PCTEL. This partnership underscores PCTEL's commitment to sharpening its investor communications strategy as it pursues its growth objectives in the telecommunications sector.

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  • Appointment of Alpha IR Group as investor relations advisor to enhance investor messaging.
  • CEO David Neumann optimistic about strategic value added by Alpha IR for growth objectives.
  • Alpha IR brings extensive experience in telecommunications and technology sectors.
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Retains leading strategic IR consultancy to guide its investor messaging, evolve its institutional investor base, and provide critical counsel on capital markets decisions

BLOOMINGDALE, Ill.--(BUSINESS WIRE)-- PCTEL, Inc. (Nasdaq: PCTI) (“PCTEL” or the “Company”), a leading global provider of wireless technology solutions, announced Alpha IR Group (“Alpha IR”) as its new investor relations advisor to guide the Company in its investor relations (IR) activities and broaden awareness of the Company within the financial community.

David Neumann, Chief Executive Officer of PCTEL, commented, “I am pleased to announce that we have selected Alpha IR Group to be our IR advisor moving forward as we sharpen our investor communications strategy and make progress toward our overall growth objectives for the business. We expect Alpha IR will provide significant strategic value for PCTEL as we look to leverage their knowledge of the capital markets and strong network across the investment community.”

Chris Hodges, CEO & Founder of Alpha IR, added, “We are thrilled to be advising PCTEL, a growing telecommunications company. PCTEL’s growth opportunity is clear and its investment thesis is highly compelling. Our team has extensive experience within the telecommunications and technology industries, and we are excited about the opportunity to strengthen PCTEL’s IR efforts. We are confident that Alpha IR will provide a world-class approach to the Company’s investor messaging and increase market awareness of PCTEL as the company executes its growth strategy.”

About PCTEL

PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.

For more information, please visit our website at https://www.pctel.com/.

About Alpha IR Group

The Alpha IR Group is a holistic investor relations and transactions/crisis advisory firm that protects, enhances and builds the investment brands of America’s leading companies. Alpha IR brings significant Wall Street, financial, and large agency experience to its clients, while retaining a small company, holistic approach. With deep sector expertise and senior-driven programs, Alpha IR is the right choice to manage its clients’ reputations, credibility, and ultimately, their valuation. The firm has offices in Chicago, New York, and Boston and represents over $100 billion of equity value trading on today’s public exchanges. For more information, please visit: www.alpha-ir.com.

PCTEL® is a registered trademark of PCTEL, Inc. © 2022 PCTEL, Inc. All rights reserved.

PCTEL Company Contact

Suzanne Cafferty

Vice President, Product Management & Global Marketing

PCTEL, Inc.

(630) 339-2107

public.relations@pctel.com

For further information contact

Lisa Fortuna or Ashley Gruenberg

Alpha IR Group

312-445-2870

PCTI@alpha-ir.com

Source: PCTEL, Inc.

FAQ

What is the recent announcement by PCTI regarding investor relations?

PCTI announced the appointment of Alpha IR Group as its new investor relations advisor to enhance communication and attract institutional investors.

Who is the new investor relations advisor for PCTI?

Alpha IR Group has been selected as the new investor relations advisor for PCTI.

What does PCTI aim to achieve with its new investor relations strategy?

PCTI aims to sharpen its investor communication strategy and broaden awareness within the financial community.

What did PCTI's CEO say about the partnership with Alpha IR Group?

CEO David Neumann stated that he is pleased with the selection of Alpha IR Group and expects them to add significant strategic value.

What experience does Alpha IR Group bring to PCTI?

Alpha IR Group brings extensive experience in the telecommunications and technology industries, which PCTI intends to leverage.

PCTEL, Inc.

NASDAQ:PCTI

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