Telular Corporation Appoints Doug Milner Chief Executive Officer
CHICAGO, July 17, 2013 (GLOBE NEWSWIRE) -- Telular Corporation, a global
leader in helping businesses use wireless networks for remote monitoring and
tracking, today announced that it has appointed Doug Milner as Chief Executive
Officer. Mr. Milner will join Telular on August 7, 2013, at which time the
current Interim CEO, Allen Yurko, will transition to Chairman of Telular.Mr.
Milner will also serve on the Board of Directors of Telular.
"Doug has a proven track record of success and over 30 years of experience
leading growth companies in both the private and public sectors and we are
pleased to have him join Telular," commented Mr. Yurko. "I have known Doug for
15 years and worked closely with him at Invensys where Doug was the President
of the $1 billion Power Systems Group.I have great confidence in Doug's
operational skills and his ability to capitalize on future growth
opportunities in the M2M market."
In his role as CEO, Doug Milner brings strong engineering and business
expertise across a range of industries.Most recently, Mr. Milner served as
President and Chief Executive Officer and as a Director of Active Power
(Nasdaq:ACPW), a manufacturer of uninterruptible power systems and modular
infrastructure solutions for data centers and other business operations where
system up-time is considered mission critical.
Prior to Active Power, Mr. Milner demonstrated his ability to consistently
grow revenue and profitability in leadership roles at companies such as
Aquilex Corporation, Xerium Technologies, and Ziptronix, Inc.
Mr. Milner received a bachelor's degree in Physics from Ohio Wesleyan
University, and both a master's of Science in Electrical Engineering and a
master's in Business Administration from Duke University.
"As a public company, Telular created a strong brand in each of its business
lines, and established itself as a true leader in the M2M communications
space.Now, with new growth opportunities and the full support of Avista
Capital, I am very excited about joining Telular's talented and accomplished
management team at a time when the M2M markets are poised for very significant
further growth," said Mr. Milner.
Brendan Scollans, Partner at Avista, added, "Avista is very excited for Doug
to begin his tenure at Telular as our new CEO.We believe his technical
background combined with his deep business experience make him the perfect
choice to lead Telular in the execution of its growth plan."
About Telular Corporation
Telular Corporation provides remote monitoring and asset tracking solutions
for business and residential customers, enabling security systems and
industrial applications to exchange actionable information wirelessly,
typically through cellular and satellite technology. With over 25 years of
experience in the wireless industry, Telular Corporation has developed
solutions to deliver remote access for voice and data without significant
network investment. Headquartered in Chicago, Telular Corporation has
additional offices in Atlanta, Washington, D.C., and Miami. For more
information, please visit www.telular.com.
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