Napatech Appoints Ken Way as Chief Sales Officer

COPENHAGEN, Denmark, Aug. 14, 2017 /PRNewswire/ -- Napatech(TM) (OSLO: NAPA.OL), the leading provider of reconfigurable computing platforms, today announced that Ken Way has joined the company as Chief Sales Officer. Ken is a recognized leader in the industry, with an extensive history of exceeding business goals while creating new revenue sources in high-growth market segments. Ken has successfully built and managed large-scale, global, direct sales organizations and channels. His career spans 20-plus years with specific focus on network and security manufacturers, cloud and data center operators, Fortune 5000 enterprise IT organizations and government networks.

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    --  Ken will report directly to CEO Henrik Brill Jensen and is responsible
        for achieving Napatech's revenue growth targets. He will lead the
        worldwide sales organization, including pre- and post-sales systems
        engineering (SE) and field application engineering (FAE).
    --  Ken's executive sales management experience in the systems and
        semiconductor industries includes software, hardware, services and
        tools. He has repeatedly won the largest and most-coveted designs while
        at companies such as Agility Partners, Netronome, Tilera, Cavium
        Networks, Motorola, Freescale Semiconductor and Trinity Technologies.

Ken Way, chief sales officer, Napatech, said: "Cloud, 5G mobile, and the Internet of Things have forever changed the way people build, secure and manage their networks. These hyperscale operators have proven that a reconfigurable computing platform, based on standard server designs and enhanced with FPGA-based acceleration, is the preferred method for future networks. Napatech is a pioneer of FPGA-based SmartNICs for acceleration and has an immense opportunity to be the leading supplier of these solutions for every IT organization."

Henrik Brill Jensen, CEO, Napatech said: "Ken brings an unmatched combination of industry knowledge, insight to customer requirements and deep personal relationships. We are extremely fortunate to have him join our executive management team and look forward to helping him to win new business that now demands FPGA-based SmartNICs for network and security needs."

About Napatech
Napatech helps companies to reimagine their business, by bringing hyper-scale computing benefits to IT organizations of every size. We enhance open and standard virtualized servers to boost innovation and release valuable computing resources that improve services and increase revenue. Our reconfigurable computing platform(TM) is based on a broad set of FPGA software for leading IT compute, network and security applications that are supported on a wide array of FPGA hardware designs.

No Forward-Looking Statements
This press release may contain forward-looking statements which are only predictions and may differ materially from actual future events or results due to a variety of factors, including but not limited to, business conditions, trends in the industry and markets, global economic and geopolitical conditions, macro-economic factors, and other risks and uncertainties set forth in Napatech's reports. The matter discussed in this release is based on current expectations and maybe subject to change. Napatech will not necessarily update this information. For details, visit us at www.napatech.com.


    Media                          Investor Relations

    Shannon Tierney, Nadel Phelan  Christina Bastius Thomsen

    +1.831.440.2409                +45.2363.8844

    shannon.tierney@nadephelan.com cbt@napatech.com

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SOURCE Napatech