Former JDS Uniphase / Schlumberger Executive Joins PCN Senior Management

  Former JDS Uniphase / Schlumberger Executive Joins PCN Senior Management

    Karpenske to Manage Expanded Growth of PCN Networks into Commercial &
                          Industrial Infrastructure

Business Wire

SAN DIEGO -- April 12, 2013

PCN Technology, Inc. (PCN), the leading technology company that designs,
develops & manufactures communication products that transform legacy copper
infrastructure into robust and reliable IP enabled systems without impacting
existing functionality, today announced Dave Karpenske as its Chief Operating
Officer.

Before joining PCN, Dave was Vice President of Strategic & Corporate Marketing
at JDS Uniphase (NASDAQ: JDSU; and TSX: JDU), a world leader in Communications
Test & Measurement, Communications and Commercial Optical Products as well as
in Optical Security and Performance Products.

Dave brings over 25 years of successful strategic & tactical operations, sales
and marketing management experience to PCN. His background includes running
divisions with annual revenues of over $500M in product and service sales,
P&L's of over $400M and engineering budgets exceeding $80M.

Prior to JDS Uniphase Dave was Sr. VP & GM at Credence Systems. He joined
Credence in 2003 after spending 25 years with Schlumberger (NYSE: SLB) where
his last position was President of North and Central America where he was
responsible for the Telecommunications, Semiconductor Equipment, Smart Cards
and IT Outsourcing operations.

In his role at PCN, Dave will lead the strategic and tactical sales and
marketing operations of PCN’s patented technologies, products and services.
While doing so, he will work closely with PCN’s R&D, Manufacturing, Finance, &
Support teams ensuring that the Company’s growth is managed efficiently and
successfully.

“As a transformative hire on the PCN senior leadership team, Dave is the
pinnacle choice for both our tactical and strategic initiatives. I know
firsthand of Dave’s abilities in managing teams, operations, and overall
growth. As my former President of North & Central America operations, Dave
will be the appropriate person to assist in managing PCN’s continued growth,
and launching it to the next level. I am thrilled to have Dave back on my
team,” said Irwin Pfister, PCN’s Executive Chairman, former CEO of
Schlumberger SEMA and EVP of Schlumberger Ltd.

“Over the last 12-18 months, PCN has seen consistent & measurable growth of
product shipments, technology validations and engineering Alpha & Beta
projects that have resulted in commercial integration activities. The company
has a list of marquis customers growing within building management, oil and
gas, energy, IT and other critical infrastructure markets. This is a direct
reflection on PCN’s unique product suite, core strategy, and the overall
competitive value it brings to its customers. I am pleased to bring my
knowledge and experience to assist the team in both expanding existing
relationships while building new ones. I look forward to working with the
entire PCN team, shareholders, partners and customers,” said Dave Karpenske.

About PCN

Based in San Diego, CA, PCN is an award winning communications company that
designs, develops and manufactures robust and reliable communication &
networking products for automation, control, & legacy infrastructure
applications. Integrated with its patented conductive media technologies, PCN
allows the convergence of multiple network types over existing cabling
infrastructure. This enables rapid & reliable transformation of legacy
networks into open standard digital highways enabling rapid Internet
connectivity without ever requiring construction, new wiring, or impacting
existing network or business operations.

PCN products are utilized for infrastructure & device level upgrades for
Internet connectivity in M2M, industrial networking, energy efficiency,
wireless backhaul, and overall remote management. In support of its product
sales, PCN provides network design, integration, compliance and marketing
services. PCN is based in San Diego with additional engineering and support
operations in the Midwest and manufacturing in the Pacific Northwest.

For more information, go to: www.pcntechnology.com

PCN Technology, Inc. (PCN)
16450 Via Esprillo
San Diego, CA 92127 USA
Main #: 858-434-0605
info@pcntechnology.com

PCN is registered trademark of PCN Technology, Inc.

Contact:

PCN Technology, Inc.
Daniel Drolet
858-434-0605
daniel.drolet@pcntechnology.com
 
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