REDWOOD CITY, Calif., March 28, 2023 – ASSIA, Inc. one of the leading market innovators in the development of core technologies for internet access and optimization, is pleased to announce that Dr. Nersi Nazari and Richard S. Chernicoff have joined its board of directors

Dr. Nazari brings decades of experience in the communication industry, including successful stints as a Marvell Semiconductor executive, before becoming the managing general partner of Pacific Generation Ventures. Dr. Nazari has also served the boards of ClariPhy and Teranetics, where he was also CEO. Dr. Nazari presently serves as the Chairman of Vital Connect, a company specializing in both biotechnology analytics and real-time connectivity to patients, where he was also its founding CEO.  Dr. Nersi is also a significant investor in ASSIA Inc.

“I am pleased to join ASSIA’s board to assist the company with its transformation efforts to exploit the company’s rich intellectual property portfolio,” said Dr. Nazari

Mr. Chernicoff brings decades of experience in intellectual property to ASSIA’s board, having practiced law at Skadden, Arps, Slate, Meagher and Flom, being a partner at Brobeck, Phleger & Harrison, and then progressing to various corporate financial and legal positions the last 20 years at SanDisk, Unity Semiconductor, Tessera Intellectual Property Corp., Marathon Patent Group, and Great Elm Capital Group. He presently also serves as Chief Financial Officer of SunRise Memory Corp, and serves the board of HopTo Inc. and other private and public organizations.

“I am pleased to join Dr. Cioffi and his team as ASSIA looks to reposition its legacy of telecommunications innovation for the future” said Mr. Chernicoff

“We are thrilled to welcome Dr. Nazari and Mr. Chernicoff to our board of directors,” said Dr. John Cioffi, CEO and Chairman of ASSIA. “Both bring a wealth of knowledge and experience to our team, and we are looking forward to their contributions as we transform our IP licensing business.

“Dr. Nazari’s strength in corporate management, investment strategy, and interests in intellectual-property licensing as a growth strategy for multiple of his investments will be instrumental in helping us grow our business and stakeholder value.

“Mr Chernicoff’s strength and experience in intellectual-property will helps us oversee and guide our transformation into a burgeoning IP-licensing business.”

About ASSIA – Adaptive Spectrum and Signal Alignment, Incorporated (ASSIA®) develops and licenses innovative technologies utilized by telecommunications providers worldwide. ASSIA’s market-leading AI-driven solutions make internet connections run faster and more reliably by optimizing the performance of whatever infrastructure is in place, be it copper wires, fiber, various generations of Wi-Fi including Wi-Fi 6, or 5G.

ASSIA, Inc. is one of the leading market innovators in the development of core technologies for internet access and optimization

For more information:  https://assia-inc.com/about-us/.