TOM THOMAS TO LEAD NEW BOARD OF DIRECTORS FOR THE MARINER NETWORKS SUBSIDIARY OF ODETICS
ANAHEIM, Calif. - April 24, 2000 - Odetics Inc. (NASDAQ:ODETA & ODETB) today announced that Tom Thomas, president and chief executive officer of Scriptics Corporation, has accepted the position of chairman of the board for Mariner Networks, an Odetics subsidiary. Joel Slutzky, chairman of the board and chief executive officer of Odetics, Inc., and David Scheel, president and chief executive officer of Mariner Networks have also joined as members.
"I welcome the opportunity to play an integral part in growing Mariner Networks into an independent public company. My immediate focus will be to help put a dynamic board of directors and industry advisory board in place," said Thomas. "Over the next few weeks, I will be announcing additional new board members, all of which lead successful companies that compete in the broadband access market."
Tom Thomas currently serves as president and chief executive officer of Scriptics Corporation, a leader in B2B systems integration. He is the former chairman and chief executive officer of Vantive Corporation and served as senior vice president of e-Business and Information Services and vice president and chief information officer of Global Information Systems at 3Com. Prior to joining 3Com, Thomas served as vice president and chief information officer of Dell Computer Corporation.
"Tom brings to the Mariner Networks board of directors the engaging leadership, experience and vision that are key to the success of Mariner Networks," said Slutzky.
"His telecommunications and enterprise networking experience adds a dimension to our board that will be a cornerstone to our future in the broadband access arena," Scheel added. Joel Slutzky is chairman of the board and chief executive officer for Odetics, Inc. a company he founded in 1969. In addition to Odetics, Slutzky is chairman of Project Tomorrow and serves on the board of directors for the Discovery Science Center, KOCE, the Orange County Business Council and the Future Scientists & Engineers of America. Under Slutzky’s leadership, Odetics has been recognized by the American Electronics Association as one of the 'most innovative companies' in the United States. The company has also been listed three times in Fortune Magazine’s 100 Best Companies to Work for in America.
David Scheel has served as the president and chief executive officer of Mariner Networks since its formation in August 1998. Since joining Odetics, Inc. in 1982, Scheel has served in various management positions including general manager of Odetics’ Telecom Division and vice president of Odetics, Inc., Mariner Networks’ parent company.
About Mariner Networks, Inc.
Mariner Networks, Inc. is an innovative supplier of broadband access concentrators for the Wide Area Networking (WAN) communities. The company’s products enable small, branch and regional offices to economically access broadband services. Mariner Networks’ technology developments are creating IP delivery enhancement products that will allow public and private network operators to integrate their separate voice, data and video networks onto a single, high performance WAN backbone. Mariner Networks’ products are sold to OEMs, service providers and end users through offices in the US, Europe and Asia. For more information about Mariner Networks, visit our web site at http://www.dexteraccess.com
About Odetics, Inc.
Odetics, Inc. is a California-based, high technology incubator with a mission to nurture and develop its businesses to be spun-off to stockholders. Odetics’ current companies develop software- and hardware-based solutions for the television broadcast, video security, telecommunications and intelligent transportation systems markets. Odetics’ headquarters are located in Anaheim, California with additional operations in Europe and Asia. For more information about Odetics, visit our web site at http://www.odetics.com
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