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Federated Wireless Announces Appointment of Sarosh Vesuna as Senior Vice President of Corporate Development and Strategic Alliances
[August 04, 2015]

Federated Wireless Announces Appointment of Sarosh Vesuna as Senior Vice President of Corporate Development and Strategic Alliances


Federated Wireless, Inc., which is developing scalable wireless infrastructure solutions to extend carrier networks, today announced the appointment of Sarosh Vesuna as Senior Vice President of Corporate Development and Strategic Alliances.

Sarosh brings more than 25 years of experience leading innovative networking companies and creating strong business alliances. Before joining Federated Wireless, Sarosh served as vice president and general manager of Meru Network's enterprise networking business, and was responsible for designing the business and go-to market strategy that drove partnerships and revenue.

"With Sarosh Vesuna joining our world-class technology team we have added another visionary leader to our already strong core," said Iyad Tarazi, Chief Executive Officer of Federated Wireless. "Federated Wireless' Shared Spectrum (News - Alert) technology enables new and innovative wireless business models. Vesuna's presence in Silicon Valley further underscores our intention in strongly aligning with the leading internet and wireless infrastructure companies. We are confident that Sarosh's successful record and reputation for forging strong long-term technology and business partnerships will prove to be an asset for us as we move towards becoming a leader in the growth of mobile broadband and 5G cellular communications."

Prior to joining Meru, Vesuna held executive roles at Motorola and Symbol Technologies, where he was responsible for wireless protocol architecture, joint ventures and acquisitions, OEM, technology partnerships, and the overall direction of the WLAN and VoIP businesses. He also co-led the $100M+ Symbol-Intel Centrino Joint Venture that started the Wi-Fi revolution in PCs. He co-authored the IEEE (News - Alert) 802.11 WLAN protocol and co-founded the Wi-Fi Alliance, where he served on the Board of Directors.

Vesuna has an MSEE from The Pennsylvania State University, and has completed executiveeducation from MIT (News - Alert) Sloan and the Stanford Graduate School of Business. Vesuna also holds 10 U.S. patents.



Federated Wireless is a subsidiary of Boston-based Allied Minds (LSE: ALM). More information about the company can be found at www.federatedwireless.com.

About Federated Wireless
Formed in 2012, Federated Wireless, Inc. is developing scalable wireless infrastructure solutions to extend the access of carrier networks. Federated Wireless' Dynamic Spectrum Access Service (SAS (News - Alert)) platform focuses on the distribution of licensed shared spectrum. Our differentiated business model creates opportunities for more efficient and innovative approaches to spectrum.


Headquartered in Arlington, VA, Federated Wireless also has offices in Boston, MA and Sunnyvale, CA (News - Alert). More information about Federated Wireless can be found at www.federatedwireless.com.

About Allied Minds
Allied Minds (LSE: ALM) is an innovative U.S. science and technology development and commercialization company. Operating since 2006, Allied Minds forms, funds, manages and builds products and businesses based on innovative technologies developed at leading U.S. universities and federal research institutions. Allied Minds serves as a diversified holding company that supports its businesses and product development with capital, central management and shared services. More information about the Boston-based company can be found at www.alliedminds.com.

Allied Minds Forward-Looking Statement
This press release contains statements that are or may be forward-looking statements, including statements that relate to the company's future prospects, developments and strategies. The forward-looking statements are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results, performance and achievements to differ materially from current expectations, including, but not limited to, those risk and uncertainties described in the risk factors included in the company's regulatory filings. These forward-looking statements are based on assumptions regarding the present and future business strategies of the company and the environment in which it will operate in the future. Each forward-looking statement speaks only as at the date of this press release. Except as required by law, regulatory requirement, the Listing Rules and the Disclosure and Transparency Rules, neither the company nor any other party intends to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.


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