Reverb Networks Appoints New CEO

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Reverb Networks Shifts Strategy and Gears Up For Market Expansion with New Management Executive

ReVerb Networks, a developer of software solutions that drives Intelligent Antenna Networks designed to provide mobile network operators improved operational and spectral efficiencies, announced today that its board of directors has appointed Magnus Friberg as its new CEO to lead the company in its next stage of growth.

Magnus Friberg brings a wealth of relevant operating experience in the wireless telecommunications industry, including software solutions, infrastructure equipment and professional services. In his previous role, prior to joining Reverb, Mr. Friberg was one of the key architects and executives of the successful turnaround of SmartTrust, a leading SIM and Mobile Device Management software solutions company, resulting in the sale of the company to Giesecke & Devrient in 2009.

“I am very excited about taking on this role with this pioneering company” said Friberg. “The company is positioned for substantial growth given ReVerb’s patented, advanced intelligent antenna software solutions for existing 3G networks and upcoming LTE networks. I feel that our team is poised to leverage the revolutionary changes underway in the wireless telecommunications marketplace.”

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Karpura Suryadevara
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