CradlePoint Prepares for Next Stages of Growth with Hire of New Chief Financial Officer

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Seasoned Financial Executive Added to the Leadership Team Reflects CradlePoint’s Aggressive Growth Strategy to Capture Developing Mobile Market Opportunities

Val’s strategic, market, and operational expertise will help ensure that CradlePoint can fully capitalize on the tremendous growth opportunity in front of us.

CradlePoint, a leader in enterprise connectivity, today announced that Val Heusinkveld has joined CradlePoint as Chief Financial Officer. Heusinkveld comes to CradlePoint with more than 30 years of financial experience and a track record of success in optimizing cash flow, driving profit and scaling operations with public and private companies ranging in size from start-ups and middle-market companies to publicly traded global businesses.

Reporting directly to CradlePoint’s CEO and Chairman of the Board, George Mulhern, Heusinkveld is responsible for all finance, accounting, HR and administrative functions.

“Val’s three decade career as a financial leader brings the set of skills we need as we enter a new growth stage for our company,” said Mulhern. “As CradlePoint expands both domestically and internationally with a new suite of 3G/4G network solutions and our cloud-based application and management platform, Val’s strategic, market, and operational expertise will help ensure that CradlePoint can fully capitalize on the tremendous growth opportunity in front of us.”

Heusinkveld has previously served as CFO for Purcell Systems, Inc., a capital equipment supplier to the telecommunications industry. She was also CFO of Extended Systems, Inc., a provider of database and wireless device software. Prior to this role, Heusinkveld was CFO for TJ International/Trus Joist Corporation, which pioneered the engineered lumber products industry.

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David Murray
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