Former CEO of Tropic Networks Strengthens Fidus Leadership Team
OTTAWA, Jan. 8 /CNW Telbec/ - Fidus Systems Inc., an electronic product
development company specializing in turning ideas into great products, has
appointed Kevin Rankin to the position of President. Effective immediately,
Mr. Rankin will take over the day-to-day leadership while Mike Wakim, the
Company's founder and Chief Executive Officer (CEO), is on sabbatical.
Mr. Wakim returns in July 2008 and will remain as Fidus' CEO and Chairman of
the Board during his sabbatical.
"Kevin has the right blend of experience and knowledge for this role. He
brings strong leadership skills, technical expertise and a passion for
delivering value to customers," said Michael Wakim, CEO, Fidus Systems.
"During my sabbatical, Kevin's contributions and leadership will be a definite
asset to Fidus."
With 24 years of years of experience in high tech, Mr. Rankin has held a
variety of senior management positions in Newbridge Networks, LSI Logic and
Northern Telecom. Most recently, Mr. Rankin founded the Ottawa-based Tropic
Networks Inc. As CEO, he led the company from its inception in 2000 to its
acquisition by Alcatel-Lucent in April 2007. Mr. Rankin serves as a board
member for International Datacasting Corporation (TSX: IDC), The Bridge
Wesleyan Church and the Ontario Centres of Excellence's (OCE) Centre for
Photonics. He is also involved in the Mindtrust Leadership Development
Program, which is an executive mentoring program for both Carleton and Ottawa
"I am very pleased to accept this position and look forward to working
with the Fidus team," said Kevin Rankin, President, Fidus Systems. "Fidus is
profitable, experiencing strong revenue growth and has a great reputation of
being an excellent place to work."
Fidus Systems Inc. develops electronic products for a wide range of
industries including aerospace, defence, consumer, medical, industrial,
semiconductors and telecommunications. Fidus has extensive design experience
and technology knowledge in turnkey product development and targeted design of
System/Architecture, RF/Wireless, Signal Integrity/EMC, Hardware, PCB board
layout, FPGA/ASIC, Software/Firmware, Industrial/Mechanical, prototype
testing, regulatory compliance and environmental, and reliability. Fidus has
delivered on more than 500 products and projects for customers across
North America. For more information, please visit www.fidus.com.
Fidus name and the Fidus logo are trademarks of Fidus Systems Inc. Other
registered and unregistered trademarks are the property of their
(C) Copyright 2008 Fidus Systems Inc. All rights reserved. Information
subject to change without notice.
For further information:
For further information: Veronica Farmer, Director, Marketing
Communications, (613) 828-0063 ext. 224, Mobile: (613) 862-3346,