Mobilian Exec Joins ZyrayMobilian Exec Joins Zyray

David Lyle, previously chief financial officer at Mobilian, has been appointed CFO at Zyray Wireless

February 5, 2004

2 Min Read

SAN DIEGO -- Zyray Wireless, a San Diego based company developing the SPINNER family of wireless semiconductor products, announced today that David Lyle, has joined the company as Chief Financial Officer. Lyle has 18 years of finance experience, which includes extensive experience in operational finance within the semiconductor industry as well as venture funding and mergers and acquisitions.

Lyle comes to Zyray from Mobilian Corporation, a wireless data communications semiconductor company. As CFO of Mobilian, Lyle was instrumental in raising over $80 million for Mobilian as well as growing the company and leading it through acquisition by Intel Corporation in October 2003.

Prior to Mobilian, Lyle served in various roles at Intel Corporation, including an operational finance role in the microprocessor and networking groups. With Intel Capital, Lyle focused on mergers and acquisitions for the wireless communications and computing group. During his tenure at Intel, he played a key role in various acquisitions including the $1.6 billion acquisition of DSP Communications and the $450 million acquisition of Basis Communications.

Lyle spent the first half of his career in commercial banking focused on corporate lending and highly leveraged transactions. Lyle received his undergraduate degree in business from the University of Southern California and an M.B.A. from Arizona State University. In addition, Lyle holds a Master of International Management (MIM) degree from American Graduate School of International Management (Thunderbird) where he graduated with distinction.

Werner Sievers, Vice President and Chief Executive Officer of Zyray Wireless commented, "David is a dedicated and talented professional who will be a valuable asset to our management team. David's skills and experience are a perfect fit with Zyray's needs as we make the transition from start-up and prepare for profitable growth."

Zyray Wireless

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