Daniel Scharre Brings Technology and Executive Management Experience

SAN JOSE, Calif. -- (Business Wire)

Symmetricom®, Inc. (NASDAQ:SYMM), a worldwide leader in precise time and frequency technologies, today announced that Daniel Scharre has been promoted to executive vice president, general manager of the company’s Government Business Unit. Previously, he was vice president, marketing and business development of the same unit.

In his new position, Scharre is responsible for overseeing the growth and management of the company’s time and frequency technology products that target the government, enterprise, science, aerospace and defense industries. He reports to Symmetricom president and CEO, Dave Côté.

“Dan has an exceptional track record with his more than 20 years experience in growing technology companies, and we’re fortunate to have him as part of our Symmetricom team,” said Dave Côté, president and CEO. “Under his leadership, Symmetricom will be able to identify and execute on new market opportunities for customers who demand the most reliable and rigorous timing and frequency control products.”

Scharre has significant experience in a variety of technology companies in the communications and defense industries. Prior to joining Symmetricom last April, Scharre was CEO of Calient Networks, San Jose, Calif., from 2007 to 2009. Prior roles include serving as CEO at Larscom and also at LOEA. He was also a business unit director at Loral Western Development Labs.

“I look forward to working with the Government team to bring new and exciting solutions to our customers,” said Scharre. “The need for precise timing products is growing across markets and Symmetricom has the products and track record to meet that need. I’m excited about this new opportunity to provide a valuable contribution to the company.”

Scharre holds an MBA from Santa Clara University, a Ph.D in physics from the University of California, Berkeley, and a Bachelor of Science degree in physics from the California Institute of Technology.

About Symmetricom, Inc.

Symmetricom (NASDAQ: SYMM), a world leader in precise time solutions, sets the world’s standard for time. The company generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure, and metrology industries. Symmetricom’s customers, from communications service providers and network equipment manufacturers to governments and their suppliers worldwide, are able to build more reliable networks and systems by using the company’s advanced timing technologies, atomic clocks, services and solutions. All products support today’s precise timing standards, including GPS-based timing, IEEE 1588 (PTP), Network Time Protocol (NTP), Synchronous Ethernet and DOCSIS^® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit: www.symmetricom.com.

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Contacts:

L&O PR
Mary Jane Reiter, +1-408-725-1239
mjreiter@sbcglobal.net
or
Symmetricom
Belinda Suntop, +1-408-428-7958
bsuntop@symmetricom.com

Source: Symmetricom, Inc.