Retains leading strategic IR consultancy to guide its investor messaging, evolve its institutional investor base, and provide critical counsel on capital markets decisions
BLOOMINGDALE, Ill. | (BUSINESS WIRE): Aug. 5, 2022– PCTEL, Inc. (Nasdaq: PCTI) (“PCTEL” or the “Company”), a leading global provider of wireless technology solutions, announced Alpha IR Group (“Alpha IR”) as its new investor relations advisor to guide the Company in its investor relations (IR) activities and broaden awareness of the Company within the financial community.
David Neumann, Chief Executive Officer of PCTEL, commented:
“I am pleased to announce that we have selected Alpha IR Group to be our IR advisor moving forward as we sharpen our investor communications strategy and make progress toward our overall growth objectives for the business. We expect Alpha IR will provide significant strategic value for PCTEL as we look to leverage their knowledge of the capital markets and strong network across the investment community.”
Chris Hodges, CEO & Founder of Alpha IR, added:
“We are thrilled to be advising PCTEL, a growing telecommunications company. PCTEL’s growth opportunity is clear and its investment thesis is highly compelling. Our team has extensive experience within the telecommunications and technology industries, and we are excited about the opportunity to strengthen PCTEL’s IR efforts. We are confident that Alpha IR will provide a world-class approach to the Company’s investor messaging and increase market awareness of PCTEL as the company executes its growth strategy.”
About Alpha IR Group
The Alpha IR Group is a holistic investor relations and transactions/crisis advisory firm that protects, enhances and builds the investment brands of America’s leading companies. Alpha IR brings significant Wall Street, financial, and large agency experience to its clients, while retaining a small company, holistic approach. With deep sector expertise and senior-driven programs, Alpha IR is the right choice to manage its clients’ reputations, credibility, and ultimately, their valuation. The firm has offices in Chicago, New York, and Boston and represents over $100 billion of equity value trading on today’s public exchanges.
PCTEL is a leading global provider of wireless technology solutions, including purpose-built Industrial IoT devices, antenna systems, and test and measurement products. Trusted by our customers for over 25 years, we solve complex wireless challenges to help organizations stay connected, transform, and grow.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.
PCTEL Company Contact
Vice President, Product Management & Global Marketing
For further information contact
Lisa Fortuna or Ashley Gruenberg
Alpha IR Group