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Red-M Appoints Mike McTighe as Non-Execuitive Chairman

Industry veteran strengthens management team to

(EMAILWIRE.COM, October 10, 2001 ) Wexham Springs, UK - Red-M™, a pioneer in advanced wireless networking solutions, today announced that Mike McTighe has been appointed Chairman of its board of directors. McTighe brings a wealth of successful leadership experience from senior positions within companies such as Philips, Motorola, GE and more recently Cable and Wireless.

“Mike joins us at a very exciting period in Red-M’s development and during a time where we have introduced Genos™ as a wirelessware architecture to address the needs of both Bluetooth and 802.11 wireless LAN networks,” says Red-M CEO Mike Wilson. “We are extremely happy to have someone of Mike’s calibre on board as he’s the ideal person to help drive our ambitious business goals.”

“Red-M is a pioneer in wireless technologies, and is setting the standards by which all others will be measured. Red-M is an innovative company with a tremendous future. The company has experienced much success to date and I will be helping to grow the business and further extend its reputation.” outlines Mike McTighe, Chairman of Red-M.


McTighe brings to Red-M over 20 years of leadership experience in the telecommunications and electronics industries. McTighe is currently CEO of Carrier 1 International SA – a pan European telecoms service provider. Up to October 1 2001, McTighe was CEO, Global Operations, Cable & Wireless, where he played a major role in C&W’s transformation to a focused Global Data and IP company.

Prior to C&W, McTighe was President and CEO of Philips Consumer Communications LLP, a joint venture between Philips Electronics N.V. and Lucent Technologies Inc focusing on wireless technologies. He also spent five years with Motorola’s Cellular Subscriber Group, occupying a number of executive positions in Europe and Asia. Prior to this activity McTighe spent 10 years with GE.

About Red-M
Red-Mä is a pioneer in advanced wireless networking solutions. Founded at the end of 1999, Red-M has consistently innovated in wireless hardware and software solutions that combine multiple local wireless technologies in a single networking platform. As the recognized leader in Bluetooth networking, Red-M has built a strong customer base where mobility and access to information is critical to the performance of the customer’s business. Red-M’s products include the 3000-series access servers, 1000-series access points, and Blade personal digital assistant (PDA) expansion modules. Red-M’s unique Genos™ architecture and wirelessware technology provides a secure and fully managed environment for the delivery of voice, video and data services across a multitude of wireless technologies to a broad range of mobile devices including laptops, PDAs, phones and handheld computers. Red-M supplies products through a global network of systems integrations, value-added resellers, distributors, OEMs and network operators.

Red-M is backed by two of the world’s leading venture capital firms, Apax Partners and Amadeus Capital Partners, as well as Intel Capital and Madge Networks (NASDAQ: MADGF). In April 2001, Red-M closed $35m in second round funding. Red-M has strategic relationships with a number of key industry players including Motorola, Computer Associates, Toshiba and Intel. Underpinning its pioneering strategy, Red-M has won numerous product and business awards including the first ever award for innovation at the annual Bluetooth Congress, June 2000; PC Magazine’s Technical Innovation Award; Tornado Insider Top-100 award; a CIO magazine Top-100 award. Red-M is an Associated Member of the Bluetooth Special Interest Group (SIG) and is an active member of the Personal Area Networking (PAN) working group. Red-M has applied for numerous key patents in the areas of wireless communications and technology convergence. More information can be found at:
www.red-m.com.

About Bluetooth
Bluetoothä wireless technology is set to revolutionize the personal connectivity market by providing freedom from wired connections. Bluetooth is a specification for a small-form factor, low-cost radio solution providing wireless connectivity between computers, mobile phones, Personal Data Assistants, other portable handheld devices, and access to the Internet. Bluetooth Special Interest Group (SIG), Inc. is comprised of leaders in the telecommunications, computing, and network industries, and they are driving development of the technology and bringing it to market. Bluetooth SIG, Inc. includes promoter companies such as 3Com, Agere, Ericsson, IBM, Intel, Microsoft, Motorola, Nokia and Toshiba, along with more than 2,000 Adopter/Associate member companies.

Red-M, the Red-M logo and Genos, are trademarks, and in some jurisdictions may be registered trademarks of Red-M (Communications) Ltd. Other trademarks appearing in this release are the property of their respective owners.

Red-M, Wexham Springs, United Kingdom
Internet: www.red-m.com

Contact Information:
Red-M
Billie Jo Weiss
Tel:
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