President J. Francois Crepin leaves 'to pursue other business opportunities'; Ron Cates joins as VP of sales & business development

October 26, 2004

2 Min Read

YAKUM, Israel -- Metalink Ltd. (Nasdaq: MTLK), a global provider and developer of high performance wireline and wireless broadband communication silicon solutions, today announced that Mr. J. Francois Crepin will cease to serve as the Company's President and Member of the Office of the CEO.

Mr. Crepin, who has served as President for five years, decided to leave the Company as of February 2005, to pursue other business opportunities. Until February 2005, Mr. Crepin will continue to support the Company as an advisor to the CEO.

"As my tenure at Metalink draws to a close, I want to take the opportunity to thank all of you for your support over the last five years. It has been an honor to have been professionally associated with Metalink whose teamwork has accomplished so much!

"I take some measure of personal pride in many of the more recent accomplishments of this Company, not the least of which being the successful initial and secondary public offerings that supplied the Company with much needed working capital.

"Together, and with the tireless efforts and dedication of so many skilled and dedicated Metalink team members, we have developed significant and important leading technologies in a highly competitive and more than challenging market," said Mr. Crepin.

"I want to thank J. Francois Crepin for his services. Francois has been an asset to Metalink since he joined the company nearly five years ago, and I want to wish him well in his new endeavors. I am sure that Metalink will continue to benefit from Francois' contribution as an advisor," said Tzvi Shukhman, Metalink's Chairman and CEO.

In a separate release:

Metalink Ltd. (Nasdaq: MTLK), a global provider and developer of high performance wireline and wireless broadband communication silicon solutions, today announced the appointment of Mr. Ron Cates as Associate Vice President Sales & Business Development.

Mr. Cates is an industry veteran with over 25 years of experience in the telecom semiconductor sector. Prior to joining Metalink, Mr. Cates held executive level positions at Solarflare, Peregrine Semiconductor and Connexant Systems, among others.

"Ron's vast experience in the telecom industry strengthens our ability to better exploit the emerging cycle of network upgrades by North American carriers as triple play services are becoming a must for carriers to compete with the Cable operators," said Tzvi Shukhman, Metalink's Chairman and CEO.

"It gives me great pleasure to join a team with a proven track record as a world-class execution engine," said Ron Cates. "I believe that Metalink's unique combination of intellectual property in both wireline and wireless broadband technologies provides the perfect recipe for next generation connectivity services."

Metalink Ltd.

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