Fritz Mumenthaler, new General Manager of Wireless Solutions

Ascom Holding AG has appointed an internationally experienced manager as the new General Manager of its Wireless Solutions division. Fritz Mumenthaler was previously Head of Zone Europe of the Building Automation Division at Siemens Building Technologies in Zug.
Fritz Mumenthaler, who will also join the Executive Board, will take over from Daniel Roth, who is leaving the company in order to pursue a change of career, on 1 June 2005.

Ascom has engaged a new General Manager of its Wireless Solutions division and has appointed an experienced manager with a broad-based international background as the division‘s new General Manager. Fritz Mumenthaler will take up his new position on 1 June 2005, from which date he will assume full responsibility for the division’s business. His predecessor, Daniel Roth, is leaving the division to pursue a change of career.

Wireless Solutions is one of Ascom’s two core divisions and focuses on the development and integration of wireless on-site communica-tions solutions with an emphasis on the health and elderly care sector, industry and secure establishments. In 2004 the division achieved an operating profit of CHF 39m from a turnover of CHF 273m.
Mumenthaler.jpgFritz Mumenthaler has an extensive international experience as Head of Zone Europe and previously Head of Marketing Europe with the Building Automation Division of Siemens Building Technologies, where for many years he was responsible for the building automation division’s marketing and business development within the European health sector. Fritz Mumenthaler will continue to drive forward Wireless Solutions’ growth strategy.

Ascom’s Board of Directors and Executive Board wish Fritz Mumenthaler every success in his new post. They would also like to thank Daniel Roth for his great commitment and the results he achieved during his time with the division.

About Ascom

ascom.gifAscom is an international solution provider with comprehensive technological know-how. In future the company aims to concentrate on the core areas of Wireless Solutions (high-value on-site communications solutions) and Security Solutions (applications for security, communication, automation and control systems for infrastructure operators, public security institutions and the army). The other areas mainly comprise Transport Revenue (revenue collection systems for public transport, parking and toll) and Network Integration (network solutions for the data/voice convergence market). With a wealth of experience in implementing complex projects for discerning customers, Ascom has established itself in important key markets. Offerings range from analysis and consulting to system design and system integration, project management, engineering and implementa-tion, right through to maintenance and support. The company has subsidiaries in 20 countries and a workforce of some 3,800 employees worldwide. Ascom registered shares (symbol ASCN) are listed on the SWX Swiss Exchange in Zurich.
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