Rosum Corporation Names Industry Veteran Brad Anderson to Serve as CEO

Rosum Corporation Names Industry Veteran Brad Anderson to Serve as CEO

MOUNTAIN VIEW, Calif., May 11 /PRNewswire/ -- Rosum Corporation today announced that Brad Anderson has joined the company as Chief Executive Officer. Anderson brings to Rosum over 18 years of leadership experience in running high technology product and service companies and a deep experience in positioning and timing technology with companies such as SigNav, u-Nav Microelectronics, Navman and Conexant Systems. Anderson succeeds Skip Speaks, who has led Rosum for the past five years. Speaks will continue to serve on the company's board of directors.

"Brad Anderson brings to Rosum strong leadership experience, a strong track record of revenue growth and a solid understanding of the location technology industry," said Skip Speaks, "As Rosum continues its momentum in the mobile TV and femtocell industries, we are confident that Brad will enhance our existing customer relationships, aggressively grow the business and deliver good returns to our investors."

Anderson most recently served as president of SigNav Inc., a fabless semiconductor start-company specializing in communication synchronization products used in femtocell, WiMAX, macrocell and other telecommunications networks. Anderson was responsible for the general management of SigNav's U.S. operations as well as new product definition for the global market.

Anderson began his management career with the launch of his own company, Network Cable Systems, Inc., in 1985. Later, Anderson joined Stanford Telecommunications, a company founded by Rosum's chairman and co-founder, Dr. James Spilker. Anderson holds a BSEE and a MBA with credentials in telecommunications, business development, sales and marketing.

Anderson commented, "Rosum brings a compelling, reliable multi-mode solution to indoor positioning and timing problems that have plagued the telecommunications and handheld device markets. The company is in a unique position in the location technology industry and I'm excited to help them extend their leadership in the marketplace."

Rosum's FemtoSynch timing and positioning solution represents a technological breakthrough for the emerging home femtocell market. Rosum is also uniquely suited to provide location for mobile TV devices such as laptops, PDAs, and portable media players.

About Rosum Corporation:

Rosum is the first and only company to use unmodified broadcast TV signals to power location and timing solutions. Rosum is also the first to combine TV and GPS signals for truly robust hybrid positioning in all environments. Rosum's founding team includes the original architects of the GPS constellation. Rosum is backed by leading investors such as Charles River Ventures, Allegis Capital, TruePosition Inc., Steamboat Ventures and KTB Ventures. More information is available at www.rosum.com.

First Call Analyst:
FCMN Contact:

Source: Rosum Corporation

CONTACT: Mary Placido of GolinHarris, +1-415-274-7902,
mplacido@golinharris.com, for Rosum Corporation

Web Site: http://www.rosum.com/

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Profile: International Entertainment