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 email@example.com PCN is registered trademark of PCN Technology, Inc. Contact: PCN Technology, Inc. Daniel Drolet 858-434-0605 firstname.lastname@example.org
Former JDS Uniphase / Schlumberger Executive Joins PCN Senior Management
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