CEYX Technologies Adds Industry Veteran COO and VP of Engineering to its Executive Team

Moves Bolster Depth and Experience of Company's Senior Management at a Time of Huge Forecasted Business Opportunity


SAN DIEGO, Aug. 1, 2006 (PRIMEZONE) -- CEYX(r) Technologies, Inc. today announced the additions of Salvatore (Sal) Benti and Peter Ma to its executive team as Executive Vice President/Chief Operating Officer and Vice President of Engineering, respectively.

CEYX Technologies is nearing commercialization of its revolutionary light-emitting technology for the datacom and display markets. "We have received tremendous market response to our innovations, and given the timing of business opportunities and go-to-market activities, we felt it was important to solidify operational and engineering excellence," says Carol Fuller, CEO and founder of CEYX Technologies. "We are very excited to welcome Sal Benti and Peter Ma, two high-caliber, industry veterans who, I believe, fundamentally strengthen the strategic market focus and customer-centric approach of CEYX' senior management team," Fuller continues.

Sal Benti joins CEYX Technologies as EVP and COO. With over 30 years of industry experience, Mr. Benti will be responsible for building, managing and integrating all aspects of CEYX' operations and for ensuring excellence in all customer-facing activities. Prior to joining CEYX Technologies, Mr. Benti served as CEO of Malibu Networks, a 3G wireless broadband innovator of high quality voice, video and data based on proprietary QoS techniques. Prior to Malibu Networks, Mr. Benti served in senior executive management positions with responsibilities for strategic planning, global sales, marketing and business development at Adaptive Broadband, ComStream, GE Spacenet (formerly RCA American Communications), CONTEL and ITT Business Systems.

Peter Ma joins CEYX Technologies in the role of Vice President of Engineering. Fresh from serving in a number of director-level functions for Hewlett Packard, Mr. Ma will be responsible for building and managing CEYX' engineering team and for delivering revolutionary, world-class customer solutions to the display and datacom markets. At Hewlett Packard, Mr. Ma was Director of New Business Development, Product Marketing and Research and Development for the OEM Industrial Printing Division. Mr. Ma has also served as Hewlett Packard Program Manager for a variety of product development projects, in addition to leading numerous engineering projects. For several years, Mr. Ma managed the manufacturing operation and production of graphics products at Hewlett Packard's San Diego Division. Mr. Ma holds a Master of Science degree in electrical engineering from Stanford University.

About CEYX(r) Technologies

CEYX(r) Technologies, Inc. is the leading provider of software-enabled control systems for light-emitting devices. CEYX' patented technology replaces analog hardware circuitry with an intelligent digital software solution that improves product functionality and reduces manufacturing costs for a wide array of OEM applications. Founded in San Diego in 2001 by Carol Fuller and Jorge Sanchez, CEYX Technologies' intelligent digital software solution enables design teams to replace an entire power-hungry, single-use circuit board with a smart, adaptive, digital file which can be embedded in any off-the-shelf or custom microprocessor. For more information, phone +1.858-270-2399, email info@ceyx.com or visit www.ceyx.com.

The CEYX Technologies, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2373



            

Contact Data