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Airgain Appoints James Sims as Chief Executive Officer

SAN DIEGO--(BUSINESS WIRE)--

Sims brings extensive CEO and board experience to Airgain

Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced the appointment of James K. Sims as Chief Executive Officer.

“It is an honor to be appointed as Airgain’s CEO,” said Sims. “I first became involved with Airgain over a decade ago when my vision was to build a specialized wireless company by solving complex RF engineering problems across the technology ecosystem. When I took over as Airgain’s interim CEO last May, we embarked on several course granularity initiatives that prioritized the company’s operational efficiencies while investing in R&D, realigning our sales and marketing efforts, and focusing on sustainable profitability. I believe these initiatives helped to secure our long-term competitive position and above-average industry growth while expanding our innovative and differentiated antenna solutions. Along with Airgain’s world class executive leadership and strong global team, I couldn’t be more confident in our ability to take Airgain to the next level.”

Sims has served as Airgain’s Chairman of the Board since November 2003 and interim Chief Executive Officer since May 2018. Prior to joining Airgain, Sims served as the founding partner of Silicon Valley Data Capital in 2017, and founded Silicon Valley Data Science in 2012, where he is currently the Chairman. Sims also founded Concurrent Computer Corporation and in 1991, founded Cambridge Technology Partners, where he held the position of CEO. He currently serves on the Board of Directors of various private companies including EPAY Systems, Inc., Connections 365, Inc. and Bright Volt, Inc., and was previously on the Board of Directors of several public companies, including Cambridge Technology Partners, RSA Security, Inc., and Electronic Data Systems Corporation. He has also served as the Chairman and CEO of GEN3 Partners.

“I’ve had the opportunity to work with James since his early involvement with the company, and he is committed to delivering results for Airgain’s customers, shareholders, partners, and employees. He has unique experience of building successful companies and we’re thrilled to have James join us as CEO,” said Airgain President, Jacob Suen. “It’s been a very transformative year for us, and James has proven his ability as a results-oriented leader. His extensive executive and board experience will continue to shape our momentum through 2019 and beyond, particularly as we continue to expand our presence in the consumer, enterprise, and automotive markets.”

About Airgain, Inc.

Airgain is a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive. Combining design-led thinking with testing and development, Airgain works in partnership with the entire ecosystem, including carriers, chipset suppliers, OEMs, and ODMs. Airgain’s antennas are deployed in carrier, fleet, enterprise, residential, private, government, and public safety wireless networks and systems, including set-top boxes, access points, routers, modems, gateways, media adapters, portables, digital televisions, sensors, fleet, and asset tracking devices. Airgain is headquartered in San Diego, California, and maintains design and test centers in the U.S., U.K., and China. For more information, visit airgain.com, or follow us on LinkedIn and Twitter.

Airgain and the Airgain logo are registered trademarks of Airgain, Inc.

Forward-Looking Statements

Airgain cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. These forward-looking statements include statements regarding our long-term competitive position and above-average industry growth, our momentum through 2019 and beyond. The inclusion of forward-looking statements should not be regarded as a representation by Airgain that any of our plans will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: the market for our products is developing and may not develop as we expect; risks associated with the performance of our products; our products are subject to intense competition, and competitive pressures from existing and new companies may harm our business, sales, growth rates and market share; risks associated with quality and timing in manufacturing our products; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission, including under the heading "Risk Factors" in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

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