Aquantia Announces Appointment of David Quarles as Vice President of Worldwide Sales

Aquantia Corp., (NYSE: AQ), a leader in high-speed, Multi-Gigabit Ethernet Networking solutions, today announced that David Quarles has joined Aquantia as Vice President of Worldwide Sales, reporting to Faraj Aalaei, Aquantia’s Chairman and CEO. Mr. Quarles will be responsible for and oversee all of Aquantia’s direct and channel sales, sales operation and customer relations.

With more than thirty years of experience in the semiconductor industry, Mr. Quarles was formerly the Vice President of International Sales at Linear Technology, where he was instrumental in growing the sales and market reach for Linear Tech’s broad product portfolio. Mr. Quarles has a wealth of experience driving all aspects of sales in a global organization while scaling revenues well beyond the billion-dollar level. His expertise in value selling, along with more than ten years of experience with automotive customers is a perfect fit at Aquantia. Mr. Quarles received his Bachelor of Science in Electrical and Electronics Engineering at Cornell University.

“David’s track record of sales leadership, combined with his extensive international experience, makes him uniquely qualified to take the reigns as Vice President of Worldwide Sales,” said Faraj Aalaei, Chairman and CEO of Aquantia. “As Aquantia expands into new markets and geographies, the addition of David strengthens our team and bolsters our sales execution strategy.”

“I have been fortunate to drive a variety of sales functions in many regions during my career,” said David Quarles, Vice President of Worldwide Sales, Aquantia. “Aquantia has garnered a high-level of success in its core markets, and I am excited to work with the team on growing the business even further with our core networking customers and in new markets.”

About Aquantia

Aquantia is a leader in the design, development and marketing of advanced, high-speed communications ICs for Ethernet connectivity in the Data Center, Enterprise Infrastructure, Access and Automotive markets. Aquantia products are designed to cost-effectively deliver leading-edge data speeds for use in the latest generation of communications infrastructure to alleviate network bandwidth bottlenecks caused by the growth of global IP traffic. Aquantia is headquartered in Silicon Valley. For more information, visit www.aquantia.com.

Safe Harbor Statement

This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties that could cause actual results to differ significantly from those projected, particularly with respect the anticipated benefits to the Company from of Mr. Quarles’s appointment as the Vice President of Worldwide Sales, including the Company’s ability to scale its business and the successful execution of its long-term strategy; plans or operations relating to the Company’s businesses; and the Company’s expectations regarding growth opportunities, including data center, enterprise infrastructure, access and automotive markets. These risks and uncertainties, without limitation, include: the Company’s ability to realize the benefits from its appointment of a new vice president of worldwide sales, the ability of the Company to scale its revenue and operations and manage its growth; the size and growth potential of the markets that the Company targets and the Company’s ability to compete therein and other risks disclosed in the Company’s SEC filings, including its most recent Quarterly Report on Form 10-Q, which are available on the SEC’s website at www.sec.gov. These forward-looking statements are based on the Company's expectations and assumptions as of the date of this press release. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in the Company's expectations.

(AQ-INV)

View source version on businesswire.com: https://www.businesswire.com/news/home/20180911005053/en/