DALLAS--(BUSINESS WIRE)--Zinwave, a global provider of wideband distributed network solutions for in-building wireless, today announced that it has relocated its headquarters from Cambridge, UK to Dallas, Texas and has named Mike Russell as Chief Financial Officer (CFO).
Zinwave develops and deploys enterprise-grade in-building commercial cellular and public safety wireless solutions for a wide range of venues, including corporate campuses, office buildings, universities and airports in North America and major global markets. According to analyst firm Mobile Experts, the in-building wireless equipment market worldwide is slated for a compound annual growth rate of 41 percent through 2021 with enterprise deployments accounting for $3 billion. With its unique technology approach, Zinwave is ideally suited to benefit from that growth.
In the past year, Zinwave has significantly expanded its leadership team, and over the next three years it plans to grow its workforce across several key functional areas. Zinwave is also expanding its customer focus in North America and chose Dallas as its new headquarters because it is centrally located and allows easy and efficient access to managing both North American and global customers’ needs.
Dallas also provides access to a large pool of technical, administrative, and executive talent which Zinwave believes is key to fulfilling its staffing needs, and it is a center of enterprise activity, and home to more than 20 Fortune 500 companies. In addition, Dallas hosts many of the nation’s top commercial real estate firms, including CBRE, JLL, and Cushman & Wakefield. These companies recognize the need for in-building wireless service as a necessary “fourth utility” in their buildings.
“The North American market is forecast to represent more than 60% of the total global in-building market, and we see tremendous opportunities for growth here. Dallas’ central location makes it easier to serve our customers,” said Scott Willis, president and CEO at Zinwave. “We expect to continue expanding our team as we accelerate market traction.”
In its latest executive hiring move, Zinwave named Mike Russell as CFO. A 24-year veteran of public and private companies who has also worked as an auditor for a Big 4 accounting firm, Russell will be based in the Dallas headquarters and will manage the Finance, Human Resources, and IT departments at Zinwave, as well as overseeing international accounting functions. Prior to joining Zinwave, Mike was CFO of Future Telecom, and he was previously CFO at Continental Wireless. His strong background includes international accounting work as well as experience in mergers and acquisitions, debt and equity financing, and cash flow management, and he is a Certified Public Accountant.
“Zinwave is a rapidly-growing company with international operations and a strongly-differentiated product set,” said Russell. “I’m looking forward to working with Scott Willis and the Zinwave Team as we expand our corporate footprint.”
Zinwave’s UNItivity platform is the only truly future-proof, universal wireless access solution on the market. UNItivity’s unique wideband architecture breaks the cycle of endless DAS upgrades because it supports any frequency from 150 MHz to 2700 MHz, accommodating current and future wireless services without hardware upgrades. In addition, UNItivity’s streamlined, all-fiber architecture makes it more reliable and much easier to install than traditional DAS solutions. Zinwave has a global customer base. For more information about Zinwave, please visit www.zinwave.com.