Catalyst Group Co-Founder Rick Herrman Joins RFM Board of Directors

Tag : catalyst
RF Monolithics, Inc. (NASDAQ:RFMI) ("RFM" or the "Company"), aleader in delivering quality RF hardware solutions, today announcedthat it has expanded the Company's board of directors andstrengthened its corporate management team with the addition ofRick Herrman as a new board member, effective September 30, 2008.

Mr. Herrman is a founding principal of The Catalyst Group and itsaffiliated family of private investment funds specializing inmiddle market equity and mezzanine investments. Mr. Herrman is aformer commercial and investment banker, and has served as astrategic consultant for a Big 4 financial services firm. Mr.Herrman holds a B.B.A. in Accounting from Baylor University and anM.B.A. from the University of Texas at Austin (where he was theKozmetsky Award Winner) and is a CPA. Mr. Herrman currently servesas a board member of two privately held companies, SEI MetalTek, ametal fabrication, processing, and testing company, and SportClips, Inc. a national hair-cutting franchise with over 500 stores.

"We are very pleased to welcome Rick to our board," commentedMichael R. Bernique, Chairman of RFM. "Rick's extensive financialexperience in a variety of industries and markets combined with hisdeep business and M&A experience will provide RFM with valuableperspectives as our company grows and continues to focus on the M2Mmarket. Along with this appointment, it is expected that Rick willserve on the board's Audit and Nominations Committees. We lookforward to his contributions and guidance."

David M. Kirk, President and Chief Executive Officer, said, "We arepleased that Rick Herrman has agreed to join the RFM Board, and welook forward to the insight and perspective he will bring. RFM hasrecently made, and will continue to make, significant efforts inits expense control and market focus. Mr. Herrman will providevaluable knowledge and input that complement these efforts andfurther strengthen our capabilities in these key areas."

Earlier this year, RFM's Nominations Committee engaged SpencerStuart to advise it in the process of identifying highly qualifiedcandidates for nomination as directors. Spencer Stuart isrecognized as one of the world's leading executive searchconsulting firms.

About RFM

RFM, headquartered in Dallas, Texas, is a provider ofsolutions-driven, technology-enabled wireless connectivity for abroad range of wireless applications - from individual standard andcustom components to modules for comprehensive industrial wirelesssensor networks and machine-to-machine (M2M) technology. For moreinformation on RFM, please visit the Company's website atwww.RFM.com.

Forward-Looking Statements:

This news release contains forward-looking statements, madepursuant to the Safe Harbor Provision of the Private SecuritiesLitigation Reform Act of 1995, that involve risks anduncertainties. Statements of the strategies, plans, objectives,expectations and intentions of RFM and/or its wholly-ownedsubsidiaries (collectively, the "Company" or "we") involve risksand uncertainties. Statements containing terms such as "believe","expect", "plan", "anticipate", "may" or similar terms areconsidered to contain uncertainty and are forward-lookingstatements. Such statements are based on information available tomanagement as of the time of such statements and relate to, amongother things, expectations of the business environment in which weoperate, projections of future performance, perceived opportunitiesin the market and statements regarding our mission and vision,future financial and operating results, and benefits of ouracquisitions. Such statements are not guarantees of futureperformance and involve certain risks, uncertainties andassumptions, including risks related to the ability to integrateacquisitions and alliances as planned, successful transition to afabless business model, operation of a services business, thehighly competitive market in which we operate, rapid changes intechnologies that may displace products and services sold by us,declining prices of products, our reliance on distributors, delaysin product development efforts, uncertainty in consumer acceptanceof our products, and changes in our level of sales orprofitability, as well as the other risks detailed from time totime in our SEC reports, including the report on Form 10-K for theyear ended August 31, 2007. We do not assume any obligation toupdate any information contained in this release.