EnVerv Announces Appointment of Industry Veteran Michael Raam as President & CEO

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Michael Raam Joins Industry Leader in AMI Connectivity SoC Solutions

EnVerv, Inc. a leader in communications technology for Energy Management markets and Smart Grid applications announced today the appointment of semiconductor industry veteran Michael Raam as President and CEO.

Prior to joining EnVerv, Mr. Raam was President and CEO of SandForce Inc., a successful Solid State Drive (SSD) controller company until January of 2012 when SandForce was acquired by LSI Corp. Mr. Raam served as the VP/GM of the Flash Components Division of LSI until March of this year. Prior to that, Mr. Raam had held several executive positions at various semiconductor, video and networking companies such as Mobilygen, Procket Networks and Toshiba. Mr. Raam has over 30 years of experience in the high tech industry and brings with him significant strategic and technology relationships.

“I am very excited to be joining EnVerv and starting a new chapter in my career by leading a company with the best in class products and technology as well as a large market opportunity,” said Michael Raam. “EnVerv’s solutions provide real answers to challenging and unresolved market problems. EnVerv possesses proven and differentiated communications technology utilizing sophisticated signal processing algorithms and highly integrated mixed signal semiconductor designs that push the barriers of silicon technologies. All key ingredients for delivering industry first technologies and game changing products to a market undergoing massive transformation.”

“We are very pleased to have Michael assume the role of CEO at EnVerv” said Lip-Bu Tan, EnVerv Board member, investor and Chairman of Walden International. “Michael has a proven track record of leading companies and organizations to successful product introductions and market leadership. The EnVerv board of directors is looking forward to working with Michael to propel the company to the forefront of Smart Grid communications and energy management markets.”

About EnVerv Inc.
EnVerv is a fabless semiconductor company in the United States, headquartered in San Jose, California with offices in San Diego and Shenzhen, China. EnVerv’s System-on-Chip (SoC) Communications products enable high performance connectivity via Wireless, Low-Voltage (LV) and Medium-Voltage (MV) power lines. EnVerv’s SoCs deliver mission critical connectivity and communication for Advanced Metering Infrastructure (AMI), Substation Communications, Distribution Automation, Demand Assessment & Demand Response as well as Supervisory Control and Data Acquisition (SCADA) systems and other mission critical control and monitoring applications. EnVerv’s PLC SoC solutions feature: Multimode PLC modems (G3-PLC, IEEE P1901.2, PRIME, S-FSK and 4GPLC™) and worldwide frequency band support from 9KHz to 500KHz. For more information please visit http://www.enverv.com.

EnVerv’s contact: Afshin Shaybani, [email protected], +1.858.224.0006

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Afshin Shaybani
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