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Ubiquity Corp Adds Mr. Nicholas Mitsakos Of Meru Networks To Its Board Of Directors
Jul 31, 2012 (05:07 PM EDT)


IRVINE, Calif., July 31, 2012 /PRNewswire/ -- Ubiquity, a leading cross-platform technology and digital lifestyle Company,  today announced that Nicholas Mitsakos, of Meru Networks  has joined Ubiquity's  Board of Directors.  Mitsakos, a seasoned executive focused on innovative technologies, will bring leadership from his experience as both a venture capitalist and active private investor with hands on experience as a successful entrepreneur. Mitsakos has been a lead investor or majority owner in over 50 companies, and has served on over 25 Boards of Directors.

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"Mitsakos' notable background in technology and prominent experience with multiple technology and investment companies throughout the world is a strong addition to the Ubiquity leadership team," said Chris Carmichael, Ubiquity's, chairman and CEO. "Nick is a great asset to our team".

"Ubiquity's portfolio, coupled with its visionary team, is impressive," said Mr. Mitsakos. "I look forward to working with the Ubiquity Team."

Mitsakos is added to Ubiquity's board in an effort to secure strategic partnerships and to oversee the public, private, and venture investment decisions including Ubiquity's mergers and acquisitions. Mitsakos has secured funding and partnership deals in excess of $3 Billion dollars throughout his career.

Mitsakos currently serves as the Chairman and Chief Executive Officer of Arcadia Holdings, Inc and as a director of Meru Networks. He is also the Co-Founder of Meru Networks, Inc., and served as its Chief Financial Officer. He serves as an active Advisor to several well-known technology and pharmaceutical companies and has served as the Director and founding Chief Executive Officer at multiple companies.

Nick started his career at Goldman Sachs in 1985, and worked at Drexel Burnham Lambert from 1986 to 1989. Mr. Mitsakos began his business career as the Founder of General Computer Corporation, which he sold to the Atari Unit of Warner Communications. He serves as the Chairman of Nanya International, Inc. and served as the Chairman of Hawaii Biotech, Inc. Mitsakos received an M.B.A. from Harvard University and a B.S. from the University of Southern California in computer science and microbiology.

About Ubiquity Corporation (UC):
UC is a leading multimedia company focused on the intersection of broadband and wireless platforms for enhancing the digital lifestyle. With its corporate office in Irvine, CA, UC develops wireless and other digital applications and intellectual property for tablets, mobile phones and other devices. The company operates an over 30,000 sq. feet of best in class studio facilities for Transmedia/multiplatform production as well as the most advanced studio editing facilities available in Orange County, CA. UC has more than 60 worldwide patents and patents pending in mobile, video and digital applications including "video compression," and broadband and wireless applications. UC continues to produce and distribute live events, 3-D content, mobisodes, and has its own cross-platform distribution model to produce shows for both the online and traditional television network community. Ubiquity Corporation is the dba for Ubiquity Broadcasting Corporation. For more information visit www.ubiquitycorp.com

About Meru Networks
The Meru infrastructure is built from the ground up to support high-density use, mobile users, and business-critical voice, video, and data applications. It's an all-wireless network that delivers a consistent, interactive experience for all users—no matter what applications they are running, no matter how many other users are on the network.

Most of all, it's a flexible, easily scalable platform that keeps IT departments ahead of the curve as their users become more dispersed and mobile, and their network demands grow. It's an infrastructure designed, from the beginning, to future-proof the enterprise network.

www.merunetworks.com

For more information contact:

Marty Appel Public Relations
100 W 57 St
New York NY 10019
PH: 212 245-1772
FAX: 877 298-1932
www.AppelPR.com

SOURCE Ubiquity Corporation