SAN DIEGO, Jan. 28 /PRNewswire-FirstCall/ -- Franklin Wireless Corp. (OTC Bulletin Board: FKWL) (www.franklinwireless.com), the market leader in dual-mode WiMAX/CDMA modems for 3G and 4G wireless broadband data communications, announced that it has appointed Richard ("Rick") Walker as Vice President, Finance.
"Franklin Wireless is fortunate to gain an executive of Rick Walker's caliber to serve as our vice president of finance," said OC Kim, co-founder and president of Franklin Wireless. "Rick's financial expertise and long history in our industry will bring significant value to our management team and help to chart the company's course for future growth."
Prior to joining Franklin Wireless, Walker was senior vice president and chief financial officer for Intercasting Corporation, where, among other achievements, he managed the financial and administrative efforts for a $12 million Series B round of funding and later the sale of the company to Good Technology.
Previously, Walker served as director of financial planning and analysis for Peregrine Systems, a $200 million publicly traded international software company. Earlier, he was vice president of finance for MP3.com, where he played a key role in the company's initial public offering (IPO), raising $384 million, which at the time was the largest IPO ever for an independent Internet company. Prior to MP3.com, Walker was head of finance for a division of QUALCOMM and was a member of QUALCOMM's original corporate financial planning group.
Walker earned a bachelor's degree in business economics from the University of California, Santa Barbara, and an M.B.A. from the University of San Diego.
About Franklin Wireless
Franklin Wireless Corporation (OTC Bulletin Board: FKWL) is an emerging developer and marketer of wireless broadband data communications products, enabling technology solutions, and applications for the global wireless carriers. Founded in 1982 and headquartered in San Diego, Calif., the company is committed to serving the global wireless community by catering to the dynamic needs of its customers: global wireless carriers. To enhance global connectivity, Franklin Wireless designs and develops innovative, feature-rich wireless communications products such as high-speed wireless USB modems, modules, PC cards and standalone modems. Additionally, the company provides wireless broadband data solutions to application integrators. For additional information, please visit www.franklinwireless.com.
Safe Harbor Statement:
Certain statements in this press release constitute "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.
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SOURCE Franklin Wireless Corp.