Mr. White Brings Over 30 Years of Experience in
Financial Management and Operations to Company's Board of
Directors
TUCSON,
Ariz., April 27, 2023 /PRNewswire/ --
COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign"
or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G
communication systems and solutions, today announced that
Bill White, CFE, has joined the
Company as a new independent director and will serve as Chair of
the Audit Committee.
Mr. White has more than 30 years of experience in financial
management, operations, and business development. Most recently he
served as the chief financial officer for ProPhase Labs Inc.
(Nasdaq: PRPH), a diversified diagnostics, genomics and biotech
company and the chief financial officer, chief operating officer of
Intellicheck, Inc., a software technology company providing
identity systems for verification in the financial services,
retail, and law enforcement markets. Earlier, Bill co-founded and
served 11 years as the chief financial officer and chief operating
officer of FocusMicro, Inc., an international security integration
company. Mr. White has broad domestic and international experience
including managing rapid and significant growth, import/export,
implementing cost management initiatives, merger and acquisitions,
strategic planning, resource allocation, tax compliance and
organizational development.
David Knight, CEO and President
of COMSovereign Holding Corp. said, "Bill is an accomplished
finance leader and business executive with an entrepreneurial
background that aligns well with the path we have laid out for
COMSovereign. His expertise will be an important asset as we seek
to enhance our accounting and finance operations and implement our
revenue growth plans."
"COMSovereign has accomplished much in streamlining and
refocusing the Company's operations around its core wireless
connectivity offerings, and I am confident that its plan is both
financially sound and achievable. I look forward to working with
the senior leadership team and the Board as it continues to execute
and taps into the value of its unique technology and intellectual
property," commented Bill White.
Mr. White started his career at Hascal Sjoholm & Co., a
large CPA firm located in Everett,
Washington. He received his Bachelor of Arts in Business
Administration, Accounting from Washington
State University and is a member of the Association of
Certified Fraud Examiners.
For more information about COMSovereign, please visit
www.COMSovereign.com and connect with us on Facebook and
Twitter.
About COMSovereign Holding Corp.
COMSovereign Holding Corp. (Nasdaq: COMS) has assembled a
portfolio of communications technology companies that enhance
connectivity across the entire data transmission spectrum. Through
strategic acquisitions and organic research and development
efforts, COMSovereign has become a U.S.-based communications
provider able to provide 4G LTE Advanced and 5G telecom solutions
to network operators and enterprises. For more information about
COMSovereign, please visit www.COMSovereign.com.
Forward-Looking Statements
Certain statements in this
press release that are not historical facts are forward-looking
statements that reflect management's current expectations,
assumptions, and estimates of future performance and economic
conditions, and involve risks and uncertainties that could cause
actual results to differ materially from those anticipated by the
statements made herein. Forward-looking statements are generally
identifiable by the use of forward-looking terminology such as
"believe," "expects," "may," "looks to," "will," "should," "plan,"
"intend," "on condition," "target," "see," "potential,"
"estimates," "preliminary," or "anticipates" or the negative
thereof or comparable terminology, or by discussion of strategy or
goals or other future events, circumstances, or effects. Further
information relating to factors that may impact the Company's
results and forward-looking statements are disclosed in the
Company's filings with the SEC. The forward-looking statements
contained in this press release are made as of the date of this
press release, and the Company disclaims any intention or
obligation, other than imposed by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
Contacts:
Steve Gersten, Director of
Investor Relations
COMSovereign Holding Corp.
813-334-9745
investors@comsovereign.com
and
Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
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SOURCE COMSovereign Holding Corp.