Inseego Appoints Chief Financial Officer

Inseego Corp. (NASDAQ: INSG), a global provider of mobile broadband and software-as-a-service (“SaaS”) solutions for the Internet of Things (“IoT”), has appointed Stephen Smith as Executive Vice President and Chief Financial Officer, the company said.

Smith, 59, is a long-time San Diego native. Since 2016, he served as a financial consultant serving multiple early and mid-stage SaaS, Networking, and 3D Imaging businesses, and has served as interim CFO of TetraVue Inc., a developer of high definition 4D LIDAR technology, since February 2017.

From 2012 to 2016 he served as Chief Financial Officer and Head of Operations for Micropower Technologies, a private equity-backed business engaged in the development and sale of platforms enabling extreme low-power wireless video surveillance systems. From 2005 to 2012 he ran his own consulting business and also served as President of XiTron Technologies, a development stage Biotech firm that was sold to ImpediMed Ltd (ASX:IPD), a publicly traded medical device company.

Tom Allen, who has served as the company´s Interim Chief Financial Officer since May 16, 2017, will continue to provide consulting services to the company, including transition assistance to Smith in his new role as CFO.

Inseego Corp. (Nasdaq: INSG) is a global provider of MiFi®-branded intelligent wireless solutions for the worldwide mobile communications market and software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms.