REDWOOD CITY, CA - October 06, 2011 -- Openwave Systems Inc. (Nasdaq: OPWV) a global software innovator delivering all-Internet Protocol (all-IP) mediation and messaging solutions, today announced that Mike Mulica has been appointed as Openwave’s chief executive officer, effective October 6. Anne Brennan, who served as interim CEO, will continue in her role as Chief Financial Officer.
Mulica has been a leader in the wireless industry for many years and has extensive executive leadership experience in high-tech companies. In 2007 the World Economic Forum named him a Technology Pioneer, reflecting his 25 years in the technology and communications industry – including four years as a top sales executive with Openwave and its predecessor firm Phone.com.
“Mike is a proven leader with a track record of delivering strong financial performance and value to shareholders,” said Peter Feld, Openwave’s Chairman of the Board. “Both the Board and our management team firmly believe he has the leadership skills and industry expertise needed to oversee a successful turnaround at Openwave. We look forward to Mike’s leadership as we further our product strategy, continue to work to monetize our rich portfolio of intellectual property, and tightly control our costs to drive towards future profitability.”
Mr. Mulica served as an executive at Openwave’s predecessor firm Phone.com and at Openwave from 1999 to 2003. As a senior vice president at Phone.com, he helped lead the $9-billion acquisition of Software.com, which led to the formation of Openwave.
“I’m excited to re-join Openwave and to lead the company as we strive to deliver improved value to shareholders. My focus will be to quickly determine how Openwave’s product and intellectual property portfolio can help maximize its value to our customers, partners and the broader industry. We must continue to manage costs to drive towards future profitability and take advantage of the broad portfolio of intellectual property that is foundational to the mobile Internet,” said Mulica.
Prior to joining Openwave, Mulica served as President and Head of Strategy and Corporate Development at Synchronoss, a leading provider of transaction management, cloud enablement and mobile connectivity services for connected devices. He played a leading role at Synchronoss as it redesigned its product and go-to-market strategies, completed several acquisitions, as well as a $124 million public offering. The improving revenues and profitability helped increase the company’s market capitalization by $600 million during Mulica’s tenure. Mulica joined Synchronoss after the July 2010 acquisition of FusionOne, a leader in mobile content portability of which he was CEO.
Mulica also served as President and CEO of Bridgeport Networks, a leader in mobile-to-Voice-Over-IP. He holds an MBA from the Kellogg Graduate School of Management at Northwestern University, a Bachelor's of Science degree in Business from Marquette University, and a Graduate Certificate in International Business from Copenhagen Business School.
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