Bsquare Announces Board Changes

Bsquare Announces Board Changes 
Designed to Strengthen Strategic Development 
BELLEVUE, WA -- (Marketwired) -- 07/01/13 --  BSQUARE Corporation
(NASDAQ: BSQR), a leading enabler of smart, connected systems, today
announced several changes to its Board of Directors: 

--  Directors Scot Land and Woody Howse are stepping down effective today
--  Ren Jurgensen is assuming the role of Chairman of the Audit Committee
--  Andrew Harries is assuming the role of Chairman of the Board

In addition to these changes, the Board of Directors upon the
recommendation of the Governance and Nominating Committee has
appointed Mr. Jerry Chase and Mr. Harel Kodesh to the Board of
Directors effective today. Mr. Chase will also serve on the Audit
Committee of the Board. 
Biography for Jerry Chase: 
From September 2004 to July 2007, Mr. Chase served as CEO and
director of Terayon (TERN), a publicly traded cable, satellite and
telecom supplier of digital video networking applications. From
February 2008 to June 2011, Mr. Chase served as CEO and director of
Lantronix (LTRX), a publicly traded provider of secure software, and
embedded and external hardware solutions. Prior to serving as the CEO
of Terayon, Mr. Chase was Chairman and CEO of Thales Broadcast &
Multimedia (TBM), a supplier of transmission, digital video and test
equipment to television and radio broadcast and telecom broadband
markets based in Paris, France. Earlier in his career, Mr. Chase was
General Manager of Magnitude Compression Systems at General
Instrument, Inc. and Vice President, Systems Engineering & Program
Management at Scientific Atlanta. Mr. Chase is a former United States
Marine Corps Officer. Mr. Chase has an M.B.A. from Harvard Graduate
School of Business Administration and a BS in Business
Administration, Magna Cum Laude from East Carolina University. Mr.
Chase currently serves as a board member of East Carolina
University's BB&T Center for Leadership Development. 
Biography for Harel Kodesh: 
Mr. Kodesh currently serves as the Chief Executive Officer of Nurego
Inc., a company dedicated to create a new type of Cloud Business
Management System. Previously Mr. Kodesh managed the Cloud
Infrastructure Business at EMC, served as the CEO of Mozy, a wholly
owned subsidiary of EMC dedicated to Backup as a Service. Between
2003 and 2008 Mr. Kodesh worked at Amdocs, serving as its Chief
Product Officer where he had overall responsibility for Amdocs'
product lineup. Prior to Amdocs, Mr. Kodesh served as the CEO of
Wingcast, a joint venture between the Ford Motor Company and Qualcomm
that developed a worldwide telematics solution. Before that, until
2000, he held a variety of executive positions at Microsoft in
Redmond, Washington, most recently, as the Vice President and founder
of the Information Appliances Division where he led the development
and marketing of the Microsoft Windows CE (also known as Windows
Mobile) operating system and pioneered Microsoft's mobility business
through products like PocketPC, AutoPC, Microsoft's Smartphone and
others. Earlier in his career at Microsoft, Harel managed the Object
Linking and Embedding (OLE) team, which created the Component Object
Model, a key technology used in the Windows operating system. He also
previously worked for Motorola, where he managed a team responsible
for Motorola's early efforts in wireless data.  
Mr. Kodesh holds a Bachelor of Science degree in computer engineering
and a Master of Science degree in electrical engineering from the
Technion, Israel Institute of Technology. 
Biography for Andrew Harries: 
Mr. Harries is a business advisor and corporate director. His
strategy consulting practice includes clients in the energy,
communications and media sectors. In addition to being a director of
Bsquare Corporation, Mr. Harries is a director of Norsat
International Inc. He also serves on the boards and is the past-chair
of Simon Fraser University's Beedie School of Business Dean's
External Advisory Board and of Science World British Columbia. 
Mr. Harries was a co-founder of Sierra Wireless Inc., a wireless
devices and software vendor, where he served in a variety of
leadership roles. During his 11 years at Sierra Wireless the company
grew from inception through IPO to over $200 million in annual
revenues. Subsequently Mr. Harries co-founded Zeugma Systems Inc.
where he served for six years as the President and CEO from its
initial funding to the acquisition by Tellabs of substantially all of
the company in November 2010. Mr. Harries also held a variety of
positions at Motorola Inc. He holds a Master of Business
Administration, Marketing and Finance from Simon Fraser University. 
Ren Jurgensen, outgoing Board Chair, stated, "The Board is
proactively taking these actions to add significant operating and
industry experience that will enable directors to work closely with
management in the crafting of our strategic growth plans. Jerry Chase
and Harel Kodesh are outstanding additions to our Board of Directors.
The Governance and Nominating Committee conducted a thorough process
that included receiving input and recommendations from current
shareholders. At the end of the process the Board was unanimous that
Jerry and Harel were the best candidates and we are delighted to have
them join the Board. I speak on behalf of the Board in thanking Woody
and Scot for their many contributions and years of service to the
company and wish them well in their future endeavors." 
Andrew Harries, incoming Board Chair, stated, "I am excited to be
assuming the role of Board Chair, and enthusiastically support the
appointment of Jerry and Harel to the Board. Their impact should be
felt immediately as we shape the strategic direction of our company." 
About BSQUARE Corporation
 Bsquare, a global leader in embedded
solutions, applies experience and expertise on leading platforms to
create new connections with customers, new business models and to
enable new ways of working and communicating. Bsquare serves
customers by forging connections among the partners, people, tools,
and technology needed to create smart connected devices. For more
information, visit  
BSQUARE is a registered trademark of BSQUARE Corporation. All other
product and company names herein may be trademarks of their
respective owners. 
Bsquare Contact:
James Salter
BSQUARE Corporation
+1 425.519.5228 
Investors Contact:
Brett Maas
Hayden IR
+1 646.536.7331 
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