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Release -- Superconductor Week does not edit or endorse the following
news release:
Superconductor Technologies
Inc. Appoints Lynn J. Davis to Board
Santa Barbara, Calif., July
29: Superconductor Technologies Inc. (NASDAQ:SCON)
("STI"), a leading provider of high performance infrastructure products for
wireless voice and data applications, today announced it has appointed to its
board of directors Lynn J. Davis, 58. With the addition of Mr. Davis, STI's
Board is now comprised of seven members.
Jeff Quiram, president and
chief executive officer of Superconductor Technologies Inc., stated, "I am
delighted to welcome Lynn to the board of STI. While at ADC Telecommunications,
he was instrumental in driving the Broadband Connectivity Group revenues from $2
million to over $2 billion. I believe Lynn's extensive strategic business
planning and telecom industry expertise will be tremendous assets to STI as we
diversify our customer base and extend our product lines. We are honored to have
him join our Board."
Davis currently serves as president, chief operating
officer and board member of August Technology, a manufacturer of inspection
equipment for the semiconductor fabrication industry. From 2002 to 2004, he was
a partner at Tate Capital Partners Fund, LLC, a private investment firm he
co-founded. Prior to Tate, for 28 years Davis led the ADC Telecommunications
Broadband Connectivity Group in 14 management positions including corporate
president, group president and chief operating officer. He also managed
manufacturing, distribution operations, and government operations, as well as
served as directors of domestic sales, international sales, and component
marketing. In addition, Davis implemented a globalization strategy with
manufacturing in eight countries and sales personnel in 30 countries that
resulted in product sales and installations in 102 foreign countries.
"STI is at pivotal juncture,
as adoption for next generation wireless applications is beginning to ramp,"
stated Davis. "The company's solutions offer the unparalleled interference
protection and increased sensitivity required to deliver optimal network
performance. I believe with strong sales execution STI will capitalize on the
industry's migration to data intensive networks."
Davis is also a director of Flexsteel Industries, Inc. and
Parlex Corporation, as well as chairman of the board of Infrared Solutions, Inc.
He holds a B.S. in electrical engineering from Iowa State University and a
M.B.A. from the University of Minnesota.
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