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Alphawave IP Announces Appointments to its Executive Leadership team

LONDON and TORONTO, Jan. 12, 2023 — (PRNewswire) — Alphawave IP Group plc ("Alphawave" or the "Company") (LSE: AWE), a global leader in high-speed connectivity for the world's technology infrastructure is pleased to announce four appointments to its executive leadership team, bringing extensive experience in the semiconductor industry and increased expertise in connectivity technology for digital infrastructure.  The Company will provide a broader business and technology update at its Capital Markets Day on January 13, 2022. 

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The following join the Alphawave executive leadership team as the Company accelerates its transformation from a pure play IP provider into a vertically integrated semiconductor company delivering high-performance connectivity solutions:

Tony Pialis, President and Chief Executive Officer of Alphawave said: "With these appointments, Alphawave is moving on to the next phase of our long-term plan. All of these individuals bring important expertise which will enable our customers to continue to benefit from the highest performing, lowest power connectivity solutions in the form of IP, as well as custom silicon and complete optical silicon products. I am looking forward to working together with the extended team."

John Lofton Holt, Executive Chairman of Alphawave said: "We are pleased to announce these seasoned and talented appointments as we execute on our mission to extend Alphawave's leadership in our key markets. We are already seeing synergies from our recent acquisitions in the form of design wins and an expanded customer base and look forward to sharing more details on this, and other areas, at our upcoming Capital Markets Day."

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About Alphawave IP Group plc (LSE: AWE)

Faced with the exponential growth of data, Alphawave IP's technology services a critical need: enabling data to travel faster, more reliably and with higher performance at lower power. Alphawave IP is a global leader in high-speed connectivity for the world's technology infrastructure. Our IP and silicon solutions therefore meet the needs of global tier-one customers in data centers, compute, networking, AI, 5G, autonomous vehicles, and storage. Founded in Toronto, Canada in 2017, by an expert technical team with a proven track record in licensing semiconductor IP, our mission is to focus on the hardest-to-solve connectivity challenges. To find out more about Alphawave IP, visit: awaveip.com

Alphawave IP Group plc, John Lofton Holt, Executive Chairman; Jose Cano, Global Head of Investor Relations, Email Contact, +44 (0) 20 7717 5877; Brunswick Group, Simone Selzer, Sarah West, Email Contact, +44 (0) 20 7404 5959; Gravitate PR, Lisette Paras, Siddharth Nigam, Email Contact, +1 415 420 8420

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Company Name: Alphawave IP Group Plc
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