CHICAGO, July 17, 2013 (GLOBE NEWSWIRE) -- Telular Corporation, a global leader in helping businesses use wireless networks for remote monitoring and tracking, today announced that it has appointed Doug Milner as Chief Executive Officer. Mr. Milner will join Telular on August 7, 2013, at which time the current Interim CEO, Allen Yurko, will transition to Chairman of Telular. Mr. Milner will also serve on the Board of Directors of Telular.
"Doug has a proven track record of success and over 30 years of experience leading growth companies in both the private and public sectors and we are pleased to have him join Telular," commented Mr. Yurko. "I have known Doug for 15 years and worked closely with him at Invensys where Doug was the President of the $1 billion Power Systems Group. I have great confidence in Doug's operational skills and his ability to capitalize on future growth opportunities in the M2M market."
In his role as CEO, Doug Milner brings strong engineering and business expertise across a range of industries. Most recently, Mr. Milner served as President and Chief Executive Officer and as a Director of Active Power (Nasdaq:ACPW), a manufacturer of uninterruptible power systems and modular infrastructure solutions for data centers and other business operations where system up-time is considered mission critical.
Prior to Active Power, Mr. Milner demonstrated his ability to consistently grow revenue and profitability in leadership roles at companies such as Aquilex Corporation, Xerium Technologies, and Ziptronix, Inc.
Mr. Milner received a bachelor's degree in Physics from Ohio Wesleyan University, and both a master's of Science in Electrical Engineering and a master's in Business Administration from Duke University.
"As a public company, Telular created a strong brand in each of its business lines, and established itself as a true leader in the M2M communications space. Now, with new growth opportunities and the full support of Avista Capital, I am very excited about joining Telular's talented and accomplished management team at a time when the M2M markets are poised for very significant further growth," said Mr. Milner.
Brendan Scollans, Partner at Avista, added, "Avista is very excited for Doug to begin his tenure at Telular as our new CEO. We believe his technical background combined with his deep business experience make him the perfect choice to lead Telular in the execution of its growth plan."
About Telular Corporation
Telular Corporation provides remote monitoring and asset tracking solutions for business and residential customers, enabling security systems and industrial applications to exchange actionable information wirelessly, typically through cellular and satellite technology. With over 25 years of experience in the wireless industry, Telular Corporation has developed solutions to deliver remote access for voice and data without significant network investment. Headquartered in Chicago, Telular Corporation has additional offices in Atlanta, Washington, D.C., and Miami. For more information, please visit www.telular.com.
CONTACT: Media Contact: Pam Benke Telular Corporation email@example.com (678) 909-4616Source:Telular Corporation