SAN DIEGO, July 25, 2012 (GLOBE NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, today announced the appointment of Mr. Charlie Lesko as senior vice president of Worldwide Sales. Effective immediately, Lesko will be responsible for leading the expansion of the Company's global customer base across its set-top box and connectivity business groups. He will report directly to Patrick Henry, Entropic's president and CEO, and will be based at the Company's headquarters in San Diego, Calif.
Lesko comes to Entropic with more than 20 years of semiconductor sales and business experience having served in executive management positions at leading companies: CSR, plc., AMI Semiconductor and Broadcom Corporation to name a few.
"Charlie is a strong addition to the Entropic team, bringing a proven track record of articulating and delivering business value to customers, enabling them to make more informed decisions about their end-to-end semiconductor strategies," said Patrick Henry, president and CEO, Entropic Communications. "Charlie's industry expertise, analytical perspective and global sales successes will enable us to maintain our current sales momentum and allow our global customers to transform connected home entertainment opportunities into profits."
Prior to joining Entropic, Lesko was senior vice president of the Automotive Products Business Group at CSR, plc., the second largest supplier of infotainment semiconductor devices to the automotive industry and a leader in connectivity, applications processing, video and imaging technology. During his tenure with CSR, plc., Lesko also held the position of senior vice president, Worldwide Sales.
"As the only pure-play platform semiconductor company in connected home entertainment, Entropic has the focus and product portfolio to capitalize on the convergence of broadcast and broadband networks," said Lesko. "I look forward to leading Entropic's worldwide sales organization and reinforcing the Company's disciplined approach to revenue growth and international market expansion."
Lesko holds an M.B.A. in Corporate Finance from the University of Dallas and earned a bachelor's degree in Engineering from Stony Brook University.
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global provider of silicon and software solutions to enable connected home entertainment. The Company transforms how traditional HDTV broadcast and streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation home connectivity and set-top box system-on-a-chip (SoC) solutions enable Pay-TV service providers to offer consumers a more captivating whole-home entertainment experience by delivering new, high-performing ways to connect, engage, and enjoy multimedia content. For more information, visit Entropic at: www.entropic.com.
The Entropic Communications logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4255
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 Lesko'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 March 31, 2012. 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 © 2012 Entropic Communications, Inc. 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: Investor Contact:
Media/Industry Analyst Contact: