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EX-99.1 - PRESS RELEASE OF ZOOM TELEPHONICS, INC., DATED MAY 11, 2020, ANNOUNCING ITS FINA - MINIM, INC. | zmtp_ex991.htm |
8-K - CURRENT REPORT - MINIM, INC. | zmtp_8k.htm |
Exhibit 99.2
Zoom Telephonics Announces CEO Transition
Zoom
Telephonics, Inc. (“Zoom”) (OTCQB: ZMTP), a leading
creator of cable modems and other Internet access products, today
announced that Joe Wytanis has stepped down from the position of
CEO. To ensure a smooth transition, Wytanis will act as an advisor
to the board. Zoom’s Board of Directors has formed a CEO
search committee, led by Zoom Chairman Jeremy
Hitchcock.
“I
am extremely proud of the team’s accomplishments throughout
my tenure,” said Wytanis. “As the demand for reliable
home connectivity has never been higher, Zoom is on an exciting
trajectory. We’ve seen outstanding growth in e-commerce and
storefront retail, inspiring Zoom to focus its product development
and marketing initiatives. Accordingly, we have decided Zoom needed
leadership more specialized in those areas as I pursue career
opportunities closer to my home location and in the cable MSO
space. I look forward to my continued
involvement.”
Joe
Wytanis joined Zoom in 2018 as a veteran of the Cable Multi-Network
Operator (MSO) industry, serving in executive roles at High Tech
Associates, Flextronics, SMC Networks, and Cisco
Systems.
“On
behalf of the Board, I would like to thank Joe for his exceptional
leadership,” said Hitchcock. “He has expertly leveraged
the company’s strengths in manufacturing, supply chain
management, and talent to unlock new growth opportunities, even in
the face of Covid-19 challenges. We appreciate his participation in
finding his successor and wish him much success in his future
endeavors.”
This
management announcement follows Zoom’s recent CFO appointment
last quarter. In the past year, Zoom has bolstered the executive
team for a new phase of expansion. Key hires include:
●
Jacquelyn Barry
Hamilton, now Zoom CFO, formerly served as CFO at Modo Labs,
Netcracker Technology, Intronis, and the Global Technology Division
at Monster Worldwide.
●
Phil Stanhope, now
Zoom CTO, formerly served as VP Technology Strategy, Dyn/Oracle and
VP Engineering at Yottaa, Wimba, Aspen Technology, and Adesso
Systems.
●
John Lauten, now
Zoom SVP Operations, formerly served in operational leadership
roles at SKULLY Technologies, TechCXO, FOX Factory, and
Cisco.
Later
today, Zoom Telephonics will be releasing Q1 2020 financial
results. The earnings call previously scheduled for May 12, 2020
will be cancelled. For more information, visit http://www.zoomtel.com.
About Zoom Telephonics
Zoom
Telephonics, Inc. (“Zoom”) (OTCQB: ZMTP) is the creator
of innovative Internet access products that dependably connect
people to the information they need and the people they love.
Founded in 1977 in Boston, MA, the company now delivers cable
modems, routers, and other communications products under the
globally-recognized Motorola brand. For more information about Zoom
and its products, please visit www.zoom.net
and www.motorolanetwork.com.
MOTOROLA
and the Stylized M Logo are trademarks or registered trademarks of
Motorola Trademark Holdings, LLC and are used under
license.
Investor Relations
Contact:
Jeremy
Hellman, Vice-President
The
Equity Group Inc.
Phone:
212-836-9626
Email:
jhellman@equityny.com