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Rakon Appoints Chief Operating Officer

Credit Rating22 July 2019RAKInformation Technology

Rakon Limited
T +64 9 573 5554, F +64 9 573 5559

8 Sylvia Park Road, Mt Wellington, Auckland 1060, New Zealand

Private Bag 99943, Newmarket, Auckland 1149, New Zealand

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22 July 2019


Rakon (RAK) Appoints Chief Operating Officer


Rakon Limited (‘Rakon’) today announces the appointment of Sinan Altug as Chief Operating Officer

based in New Zealand.


Chief Executive Officer Brent Robinson says: “This position is the final addition to our Executive team,

and will be focussed on leading, aligning and driving the global operations to best meet customer

demand, resulting in profitable growth for Rakon.”

Mr Robinson says: “Sinan is anticipating being in New Zealand by December 2019 to take up the role

and I am looking forward to working more closely with him as we continue as a company to position

ourselves for significant growth.”

Sinan Altug has over 22 years’ experience in frequency controlled products, with over 17 years with

Rakon, most recently as Managing Director of Rakon’s European businesses.


-ends-


Contact:

Brent Robinson

Chief Executive Officer & Managing Director

+64 9 571 9201


Media Enquiries:

Louise Howe (Media Liaison)

+64 21 206 0985

www.rakon.com



About Rakon

Rakon is a global high technology company and a world leader in its field. The company designs and

manufactures advanced frequency control and timing solutions for telecommunications, global

positioning and space and defence applications. Rakon products are found at the forefront of

communications where speed and reliability are paramount. The company’s products create

extremely accurate electric signals which are used to generate radio waves and synchronise time in

the most demanding communication applications. Rakon has six manufacturing plants including two

joint venture plants and has six research and development centres. Customer support centres are

located in fifteen offices worldwide.

Rakon is proud of its New Zealand heritage; it was founded in Auckland in 1967. It is a public

company listed on the New Zealand stock exchange, NZX, ticker code RAK.

www.rakon.com

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