Xicato Appoints Tom Foster as Vice President World Wide Sales

Mon Aug 22, 2011 1:00am EDT

* Reuters is not responsible for the content in this press release.

  SAN JOSE, CA, Aug 22 (MARKET WIRE) -- 
Xicato announced today that Tom Foster has recently joined the Company as
Vice President of World Wide Sales. The addition of Tom to the executive
management team is a continuation of the Company's organizational
development strategy, which is intended to augment and streamline
customer account management, coordinate sales coverage, promote customer
retention, and uncover new sales opportunities. In this new capacity Tom
is charged with developing and implementing strategic initiatives to
increase revenues and market share throughout the Americas, Europe, and
Asia.

    Tom is a seasoned executive with more than 25 years experience in high
technology sales with an emphasis on driving and growing the direct and
indirect sales teams along with revenue at high tech start-ups.

    Prior to Xicato, Tom was with Gigle Networks where he built and managed
the worldwide sales team including a network of independent sales
representatives and distributors. Gigle was acquired in December 2010 by
Broadcom Corporation. Prior to that Tom was vice president of sales at
DisplayLink where he gained key customers at top tier display and PC
OEMs. He was vice president of worldwide sales for Atheros
Communications, Inc., where he was instrumental in leading the company to
a successful IPO. Tom and his team increased the company's revenue to
over $200 million per year with a customer base to include all major U.S.
and Japanese retail, PC-OEM, enterprise and consumer electronics firms.
Before Atheros, Tom was vice president of Asia sales for Virata, where he
helped drive a successful IPO. Tom has also held executive management
positions at Hyundai Electronics America, Compression Labs and IBM/ROLM.

    "Tom will provide leadership and strategic direction as we continue our
growth into new markets and our focus on delivering to our customers the
highest level of products and customer service in the industry," said
Menko de Roos, Xicato's CEO.

    "It's very exciting to have joined Xicato at a time when the company is
uniquely positioned for unprecedented growth," said Tom. "This is an
exceptional chance for me to leverage my experience in building global
sales teams and growing the Company's market share. I am committed to
identifying growth opportunities, building awareness of the Xicato name
and helping the company achieve its growth objectives."

    Other Key Positions Filled

    The hiring of Tom Foster follows the hiring of other key personnel at the
Company.

    Steve Workman joined Xicato in October 2010 as its CFO after 11 years at
Finisar Corporation where he served as Senior VP Corporate Development
and for 10 years as its CFO helping to oversee their growth from a single
site and $20M in annual sales to a global footprint with $1B in annual
sales while undertaking an initial public offering, multiple follow-on
financings and numerous M&A transactions. Prior to Finisar, Steve was the
CFO for Ortel Corporation for 10 years which also undertook an IPO during
his tenure there. Steve has a Master's Degree in Industrial
Administration and a Bachelor of Science Degree in Engineering Science,
both from Purdue University. 

    Pieter Kerstens joined Xicato in September 2010 as its VP of Engineering
after serving in various senior positions at Cymer, Hitachi, IBM and
Philips Research. At Cymer, for 2 years, Pieter was Senior Director of
Engineering managing the development and delivery of a large part of the
Extreme Ultra-Violet (EUV) lithography light source. Before that, Pieter
served for 8 years in several senior management positions at IBM's
Storage Division (sold to Hitachi in 2003) where he managed all of the
recording head Wafer Process Development groups, the Wafer Production
Engineering groups and the Hard Disk NPI and Thin Film Development
groups. He also ramped OEM Head Gimble Assembly manufacturing from zero
to 2 million parts per month in Shenzhen, China. Prior to this, Pieter
was 8 years at IBM's equipment division, where he was the P&L manager for
laser based process equipment, and 3 years at IBM's Fishkill NY division.
Pieter started his career with Philips Research where, for 6 years, he
developed a fiber optic supertrunk and performed basic research on
building 3D CAD models from moving images. Pieter has 13 patents, a
Master's degree in Manufacturing Systems Engineering from Lehigh
University and a Master's and Bachelor's degree in Electrical Engineering
from the Eindhoven University of Technology in The Netherlands

    About Xicato 

    Xicato is a Solid State Lighting company founded by seasoned industry
professionals with offices located in Silicon Valley, California (HQ),
London and Tokyo. 

    Xicato develops, manufactures and globally markets LED modules that
simply are functional replacements for traditional lamp technologies,
offering all the life and energy-saving advantages of LEDs with no
aesthetic compromises. Xicato provides industry-leading specifications
via an open approach with a global circle of leading end-users,
specifiers and luminaire manufacturers. Xicato is committed to address
the whole broad sphere of the general illumination world, taking on
segment by segment with its focus on continuous innovation.

    Xicato believes that lighting plays a valuable role in the creation of
places for people. We highly recommend the use of a qualified lighting
designer from one of the following organizations:

    PLDA Professional Lighting Designers Association - www.pld-a.org
 IALD
International Association of Lighting Designers - www.iald.org

    
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For more information on Xicato contact:

Europe: 
Roger Sexton 
+44 7525715497(EU) 
roger.sexton@xicato.com

Japan: 
Noboru Kaito 
+81 50 5534 3168 (Japan) 
noboru.kaito@xicato.com

North America: 
Ron Steen 
+1 847 380 2773 (US) 
ron.steen@xicato.com

San Jose Office: 
+1 866 223 8395 (US)

For press images contact 

Jane Kingsley 
JKS Communications 
Email - j@jkscomms.co.uk

www.xicato.com 

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