Entropic Appoints Matthew Rhodes as Senior Vice President, Global Marketing
SAN DIEGO, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Entropic™ (Nasdaq:ENTR), a world
leader in semiconductor solutions for the connected home, announced today the
immediate appointment of Matthew Rhodes as senior vice president of Global
Marketing. Rhodes is responsible for developing, executing and communicating
the Company's overall product vision, strategy and roadmap across all market
segments, worldwide. He is based out of Entropic's San Diego, Calif.,
headquarters, and reports directly to Patrick Henry, Entropic's president and
Rhodes brings more than 35-years of business and strategic product development
experience to Entropic. He has an exceptional track record in bringing new
technologies and advanced integrated circuits (ICs) to the global market to
drive revenue growth and profitability.
"A respected industry leader recognized globally for his business acumen, Matt
has depth, knowledge and expertise in orchestrating winning business and
product marketing strategies in some of the most competitive semiconductor
markets," said Patrick Henry. "We welcome Matt to the executive team at a time
when the Company is positioned to capitalize on the transition to IP video
delivery with our platform semiconductor solutions."
Prior to Entropic, Rhodes served as the chief executive officer and co-founder
at Semitech Semiconductor Pte Ltd., a provider of power line communications
solutions for the smart grid. Prior to Semitech, Rhodes was president and
chief executive officer of Teranetics Inc., a privately-held company that
provided next-generation 10-gigabit Ethernet (10GbE) copper channel
semiconductor solutions, where he helped grow the company internationally and
secure Tier-1 customers to drive business growth. Earlier in his career,
Rhodes held a number of senior executive positions with Conexant Systems, Inc.
including President. In this role, Rhodes was responsible for the marketing,
engineering and operations of a communications IC business of nearly $1
"Entropic has a clear opportunity to transform the connected home market by
delivering systems-level products and solutions to global Pay-TV operators,"
said Rhodes. "The business is solid, the leadership is focused and the global
team has a desire to gain share in our multi-billion dollar market. My goal is
to drive innovation deeper into the organization and generate new revenue and
a market-winning position with the Company's advanced silicon and software."
Rhodes served as chairman to the Global Semiconductor Alliance's Emerging
Company CEO Council.He also holds eight patents across a diverse range of
semiconductor and communication technology and applications. He received a
master's degree in business administration from the Anderson School of
Management at the University of California, Los Angeles, and holds a master's
degree in electrical engineering from Lehigh University and a bachelor's
degree in physics from Pennsylvania State University.
Entropic™(Nasdaq:ENTR) is a world leader in semiconductor solutions for the
connected home. The Company transforms how traditional HDTV broadcast and
IP-based streaming video content is seamlessly, reliably, and securely
delivered, processed, and distributed into and throughout the home.
Entropic'snext-generation Set-top Box (STB) System-on-a-Chip (SoC) and
Connectivity solutions enable Pay-TV operators to offer consumers more
captivating whole-home entertainment experiences by transforming the way
digital entertainment is delivered, connected and consumed – in the home and
on the go. For more information, visitEntropicat:www.entropic.com.
The Entropic logo is available at
Forward Looking Statements
Statements in this press release that are not strictly historical in nature
constitute "forward-looking statements." Such statements include, but are not
limited to, statements regarding Rhode's expertise and expected future
contributions. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause Entropic's actual
results to be materially different from historical results or from any results
expressed or implied by such forward-looking statements. These factors
include, but are not limited to, Entropic's dependence on key personnel and
its ability to hire and retain experienced management personnel; the risk that
the market for high-definition television-quality video and multimedia content
delivery solutions may not develop as anticipated; and other factors discussed
in the "Risk Factors" section of Entropic's Annual Report on Form 10-Q for the
three months ended June 30, 2013. All forward-looking statements are qualified
in their entirety by this cautionary statement. Entropic is providing this
information as of the date of this release and does not undertake any
obligation to update any forward-looking statements contained in this release
as a result of new information, future events or otherwise.
Copyright© 2013 Entropic. All rights reserved. All other product or company
names mentioned are used for identification purposes only and may be
trademarks of their respective owners.
CONTACT: Entropic Investor Contact:
Entropic Media/Industry Analyst Contact:
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