Vivato Hires CFO

Vivato has appointed Raj Matthew as its chief financial officer

April 7, 2004

1 Min Read

SAN FRANCISCO -- Vivato, a Wi-Fi systems infrastructure company, announced today that Raj Matthew has been named chief financial officer, assuming responsibility for all aspects of the company's financial and administrative functions.

"Raj's expertise with emerging technology companies is particularly relevant to our initiatives this year, which include introducing our next-generation products as we continue to drive toward profitability," said Donald Stalter, Vivato's CEO. "I am confident that with his extensive experience as a finance executive, Raj will be able to contribute immediately to Vivato's objectives for 2004 and beyond."

Matthew has almost 20 years of finance experience at technology and telecommunications companies, and has previously served as chief financial officer at BuildPoint Corporation, Asante Technologies and PeopleWeb Communications, where he was also chief operating officer. He served in financial management positions of increasing responsibility at Conner-Seagate, PriceWaterhouseCoopers, BankAmerica and Pacific Telesis Group. While at Pacific Telesis Group, he assisted with the spin-off and subsequent initial public offering (IPO) of PacTel Corporation as VodaPhone Airtouch. The VodaPhone Airtouch IPO remains the fourth largest IPO in United States history.

"The opportunity to join Vivato, and to be a part of a team that is redefining the applications of wireless deployments, appealed to me both as a finance professional and as a technology veteran," said Matthew. "Vivato's technology takes Wi-Fi coverage to the maximum and provides significant cost-savings to large-scale deployments, such as cities, towns, ports, hotels and universities. I look forward to working with the rest of the executive team to achieve success in new and growing markets."

Vivato Inc.

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