WiSilica Appoints 30-Year Industry Veteran Scott Poteracki as CFO and COO

LAGUNA HILLS, Calif., April 03, 2018 (GLOBE NEWSWIRE) -- WiSilica, a leading location aware Internet of Things (IoT) platform and solution provider, today announced the appointment of Scott Poteracki as Chief Financial (CFO) and Operating Officer (COO). In his new role with the company, Poteracki will spearhead the growth of WiSilica’s suite of IoT offerings, by driving greater efficiency, financial governance and risk management across the organization. In addition to the finance and investor relations, he will be leading the operational excellence and strategy initiatives.

WiSilica enables customers to create secure, smart environments using wireless mesh technologies, machine learning and geolocation.

Poteracki joins WiSilica from Cubex LLC, a medical information technology provider, where he served as the company’s COO and CFO. A seasoned C-level executive with comprehensive experience in finance and supply chain, Scott was responsible for Cubex’s operations organizations and financials. A graduate of the University of Illinois in accounting, Poteracki received his CPA and went on to complete an MBA at Arizona State University. His long career at Motorola during their growth years and included positions in the communications, computing and semiconductor sectors. Scott has also held CFO positions at Cray Inc., MTI and Nexiant before his career at Broadcom and Motorola.

“As we continue to grow our company and enter new markets, it is important that we lead these efforts with an experienced team,” said Suresh Singamsetty, founder and CEO, WiSilica. “Scott’s more than 30 years’ experience coupled with his broad expertise and leadership in business operational efficiencies will be an invaluable asset as WiSilica expands our product portfolio in both the smart lighting and healthcare segments this year.”

“Creating a financially sustainable IOT company in today’s market is challenging, but WiSilica is well positioned to accomplish that,” said Scott Poteracki, CFO, COO, WiSilica. “They have a proven track record of bringing innovative IOT solutions to market and I look forward to helping them extend their innovation and make an immediate impact in the IoT space. It’s exciting to contribute to the scaling of this company and its next chapter of growth.”

About WiSilica
WiSilica is a leading enterprise location aware enterprise cloud-to-device IoT platform and solution provider, the first integrating control, sensing and location in one. Our open IoT platform bridges objects, locations and people in real time to create smart environments with predictive intelligence. We simplify today’s IoT challenges by integrating user behavior and environmental triggers – sensors and location input. WiSilica’s platform is built over intelligent and secure Bluetooth Mesh technology and provides a complete solution to deliver a lighting, sensor aggregated and real time location tracking solution covering wide ranging IoT applications across healthcare, smart lighting and many more.

To learn more about WiSilica, visit www.wisilica.com.

Media Contact: Vivek Pramod pr@wisilica.com

Source: WiSilica