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Resonant Appoints Mike Conry as Vice President of Product Development

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Resonant Inc. (NASDAQ: RESN) announced the appointment of Mike Conry as Vice President of Product Development, effective August 9, 2021. Conry brings extensive experience from his tenure at Peregrine Semiconductor, focusing on RF front-end technologies. His role will involve enhancing the commercialization and manufacturing of Resonant's XBAR® technologies. CEO George B. Holmes highlighted Conry's potential for driving growth in the RF market, particularly as demand for 5G solutions rises.

Positive
  • Mike Conry's appointment is anticipated to enhance product development and increase the commercialization of XBAR® technologies.
  • Conry possesses a strong background in RF technologies, having shipped billions of units to Tier 1 handset manufacturers.
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RF Front End Expert Joins Company from Industry Leading Manufacturer

AUSTIN, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, today announced that Mike Conry has been appointed Vice President of Product Development, with the responsibility for supporting our customers’ capability to scale our XBAR® technologies to commercialization and high-volume manufacturing.

Mr. Conry joins Resonant with a proven track record of developing new RFFE technologies and bringing them to market from invention to high volume manufacturing. He joined Peregrine Semiconductor, now owned by Murata Manufacturing Co., in 2007 and has held leadership roles in product design, product management, and product marketing focused on Tier 1 handset OEMs. Mike holds a Bachelors in Applied Physics from Caltech and a Masters in Electrical Engineering from UCSD.

“Mike’s experience designing and shipping multiple billions of units to Tier 1 handset manufacturers will make him a valuable addition to our team,” said George B. Holmes, Chairman and CEO of Resonant. “We welcome his leadership and operational expertise, bringing a wealth of experience in developing world-class RFFE technologies. His extensive commercialization experience, coupled with his strategic business acumen, are a perfect fit to help drive the next stage of growth for our XBAR® technology.”

Mr. Conry added, “I am excited to be working on a disruptive filter technology at the center of the booming RF front end market. It is a unique opportunity to join a company with a strong culture that is taking a differentiated approach in the industry. I look forward to contributing to the Resonant team at the forefront of RF filter innovation.”

About Resonant Inc.

Resonant (NASDAQ: RESN) is transforming the market for RF front-ends (RFFE) by disrupting the RFFE supply chain through the delivery of solutions that leverage our WaveX™ design software tools platform, capitalize on the breadth of our IP portfolio, and are delivered through our services offerings. In a market that is critically constrained by limited designers, tools and capacity, Resonant addresses these critical problems by providing customers with ever increasing design efficiency, reduced time to market and lower unit costs. Customers leverage Resonant’s disruptive capabilities to design cutting edge filters and modules, while capitalizing on the added stability of a diverse supply chain through Resonant’s fabless ecosystem-the first of its kind. Working with Resonant, customers enhance the connectivity of current mobile devices, while preparing for the demands of emerging 5G applications.

To learn more about Resonant, view the series of videos published on its website that explain Resonant's technologies and market positioning:

For more information, please visit www.resonant.com.

Resonant uses its website (https://www.resonant.com) and LinkedIn page (https://www.linkedin.com/company/resonant-inc-/) as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming investor and industry conferences, and other matters. Such information may be deemed material information, and Resonant may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor the company’s website and its social media accounts in addition to following the company’s press releases, SEC filings, public conference calls, and webcasts.

Safe Harbor / Forward-Looking Statements

This press release contains forward-looking statements, which include the following subjects, among others: the capabilities of our filter designs and software tools, the timing and amount of future unit shipments and revenues, our pursuit of partnerships for use of our XBAR® technology for non-mobile applications, and our preliminary unaudited financial results for the recently completed quarter. Forward-looking statements are made as of the date of this document and are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: risks related to changes in Resonant’s preliminary unaudited financial results for the recently completed quarter based on the completion of our financial statement closing procedures and the review by our independent registered public accounting firm of such financial statements; our limited operating history; our ability to complete designs that meet customer specifications; the ability of our customers (or their manufacturers) to fabricate our designs in commercial quantities; our customers’ ability to sell products incorporating our designs to their OEM customers; changes in our expenditures and other uses of cash; the ability of our designs to significantly lower costs compared to other designs and solutions; the risk that the intense competition and rapid technological change in our industry renders our designs less useful or obsolete; our ability to find, recruit and retain the highly skilled personnel required for our design process in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.

Investor Relations Contact:
Greg Falesnik or Brooks Hamilton
MZ Group - MZ North America
(949) 546-6326
RESN@mzgroup.us


FAQ

Who is Mike Conry and what is his role in Resonant?

Mike Conry has been appointed Vice President of Product Development at Resonant, where he will oversee the commercialization of XBAR® technologies.

What is the significance of the appointment of Mike Conry for Resonant?

Conry's extensive experience in RF front-end technologies is expected to drive growth and enhance product development for Resonant.

When was Mike Conry appointed to Resonant?

Mike Conry was appointed on August 9, 2021.

What background does Mike Conry bring to Resonant?

Mike Conry has a proven track record with Peregrine Semiconductor, focusing on product design and market introduction of RF technologies.

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