Radisys Names Muhich Iterim CFO, Says Dagenais Left Company; Guides Q3 EPS at a Loss vs $0.01 Est

Radisys^® Corporation RSYS, a leading provider of embedded wireless infrastructure solutions for telecom, aerospace, defense and public safety applications, announced that effective today, Brian Bronson has been promoted to Radisys President and Chief Executive Officer. Mr. Bronson joined Radisys in 1999, has been an officer of the Company since 2000, Chief Financial Officer since 2006 and President since 2011. “Brian is a proven, highly effective executive and we're pleased to have him lead Radisys through the next phase of its transformation,” commented Scott Gibson, Radisys Chairman. “Over his 13 years at Radisys, including more than 6 years as CFO and most recently as President, Brian has successfully led most of the company's functional areas. He drives clarity on strategy, objectives and accountability and has an exceptional ability to connect with employees, management and the Board of Directors as well as our customers and investors. I believe this combination enables him to be the ideal leader and I'm confident he will drive the Company to long-term success.”