Mr. DeMel, as Intel's Senior Director of Worldwide Sales and Business Development, created and directed most of Intel's strategic partnerships and was responsible for their most successful investments in leading-edge startups, including driving ATI Technologies, AMD, Tarari Inc., and LSI Logic as their Senior Vice President.
Newport Digital Chairman Richard Damion said, "We are excited to announce the appointment of Mr. DeMel as our new CEO. He will focus immediately on driving the expansion of III, ITRI and NDT's intellectual property in leading edge technologies and products with synergic OEMs (Original Equipment Manufacturers), AIBs, (Add In Board partners), ODMs, (Original Design Manufacturer) system integrators, distributors, and all of our targeted strategic partners worldwide."
Said newly appointed CEO, Gary DeMel, "I intend to create an immediate presence worldwide by developing for NDT a seasoned direct, channel and distribution sales organization focused on driving the manufacturing and commercialization of NDT's leading edge intellectual property with strategic partnerships. I also intend to work closely to unite and drive Taiwan's advanced engineering institutes to understand the world's OEMs', ODMs' and system integrators' roadmaps to escalate design, manufacturing and time to market with a number of leading edge and very profitable products."
Newport Digital President Michael Lutton added, "Mr. DeMel is an innovative leader, excellent at creative team building, and running successful and profitable worldwide organizations in the wireless, computing and networking technology markets. We look forward to leveraging his extensive experience to help NDT accelerate the introduction and sales of its wireless technologies."
By way of background, Mr. DeMel was responsible for creating a strategic partnership between Intel and ATI. As Senior Vice President, he was the driving force behind the recreation of ATI (including ATI's Taiwan, Japan and US design center) where he increased revenues at a record breaking rate, from $550 million to over a $1.9 billion in two years. He later drove ATI into their new $125 million plus revenue divisions supporting the wireless, work station, and telecommunications markets.
As Senior Director of Sales and Business Development at Intel, Mr. DeMel developed Intel's Enterprise Computing Division, integration strategy and post acquisition ECD - High Performance Computing and Communications division efforts worldwide and led the strategy enabling Intel to be the largest supplier of enterprise wireless, computing, networking, communications, memory and application specific (ASICs) electronics in the world. He set the vision and worldwide strategy for the sales, marketing and business development efforts that drove Intel's revenue growth from $680 million to greater than $3.4 billion in combined global OEM and channel revenues in a 5-year period.
Mr. DeMel also raised over $70M+ of venture capital funds from 2002 through 2007 that led the building of three of Intel's leading edge companies that are recognized as the global leader in the high performance computing, wireless communications and networking markets while driving the worldwide demand in server technologies.
As the Senior Director at Level One Communications, Mr. DeMel created the partnership between Intel and Level One that led to key partnerships at Intel, IBM, Dell, HP and Cisco that accounted for over half of Level One's annual revenue and led to the $2.2 billion acquisition in 1999. Mr. DeMel was responsible for the dramatic annual revenue growth at Level One Communications for four consecutive years, from $20 million to more than $680 million and Intel's post acquisition revenues of Level One that grew from $680 million to over $3.4 billion under his sales, marketing, operations and business development leadership.
Mr. DeMel led Tarari Inc. as the first true spinout of Intel Corp. As their Senior Vice President, he drove the company's engineering and product development from its inception and was responsible for servicing the DOD, Homeland Security, high performance computing, and Alta-High performance server farms. He achieved $58 million in annual revenue in the first year of sales and to over $370 million in revenue in its third year, helping lead Tarari to being acquired by LSI Logic for over $1.4 billion.
Damion concluded by stating, "Mr. DeMel has terrific experience for driving key corporate level relationships and has an outstanding track record in building strong sales organizations. He has extensive experience with Taiwan industry and will be able to help NDT build on its relationship with III and ITRI in bringing leading edge technologies to market."
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