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Newport Digital Technologies, Inc. Announces Appointment of Gary DeMel As Chief Executive Officer
Monday, June 29, 2009 10:59 AM


(Source: MARKETWIRE)trackingNewport Digital Technologies, Inc. (OTCBB: NPDT) announced today that it has appointed Mr. Gary DeMel as Chief Executive Officer. Mr. DeMel is a twenty-eight year veteran of the semiconductor and high-tech industries, and has held several senior management positions within Intel Corp., ATI Inc., and Level One Communications, Inc. in driving their efforts into the worldwide leadership position in wireless, computing, networking, gaming and graphic markets. Mr. DeMel, as Intel's Senior Director of Worldwide Sales and Business Development, created and directed most of Intel's strategic partnerships and was responsible for their most successful investments in leading-edge startups, including driving ATI Technologies, AMD, Tarari Inc., and LSI Logic as their Senior Vice President.

Newport Digital Chairman Richard Damion said, "We are excited to announce the appointment of Mr. DeMel as our new CEO. He will focus immediately on driving the expansion of III, ITRI and NDT's intellectual property in leading edge technologies and products with synergic OEMs (Original Equipment Manufacturers), AIBs, (Add In Board partners), ODMs, (Original Design Manufacturer) system integrators, distributors, and all of our targeted strategic partners worldwide."

Said newly appointed CEO, Gary DeMel, "I intend to create an immediate presence worldwide by developing for NDT a seasoned direct, channel and distribution sales organization focused on driving the manufacturing and commercialization of NDT's leading edge intellectual property with strategic partnerships. I also intend to work closely to unite and drive Taiwan's advanced engineering institutes to understand the world's OEMs', ODMs' and system integrators' roadmaps to escalate design, manufacturing and time to market with a number of leading edge and very profitable products."

Newport Digital President Michael Lutton added, "Mr. DeMel is an innovative leader, excellent at creative team building, and running successful and profitable worldwide organizations in the wireless, computing and networking technology markets. We look forward to leveraging his extensive experience to help NDT accelerate the introduction and sales of its wireless technologies."

By way of background, Mr. DeMel was responsible for creating a strategic partnership between Intel and ATI. As Senior Vice President, he was the driving force behind the recreation of ATI (including ATI's Taiwan, Japan and US design center) where he increased revenues at a record breaking rate, from $550 million to over a $1.9 billion in two years. He later drove ATI into their new $125 million plus revenue divisions supporting the wireless, work station, and telecommunications markets.



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