Odyssey Semiconductor Technologies, a semiconductor device company developing innovative high-voltage, vertical power switching components based on proprietary Gallium Nitride ("GaN") processing technology, announced Mark Davidson joined the Company as its new chief executive officer and member of the board of directors on April 18, 2022. He succeeds Rick Brown, the Company's co-founder, who served as interim CEO since September 2021. Mr. Brown will continue as the Company's CTO and Board member.

Board and Management Commentary

"Mark is known for his versatility to transform businesses into highly successful operations having spent nearly twenty years working in Silicon Valley," said Rick Brown, co-founder, CTO, and Board member. "When I met Mark, I knew that he was the right leader for us to realize the vision we had when Odyssey was founded and that his leadership and experience will help our company achieve its full potential."

"Mark joins Odyssey at an exciting time for the Company," said John Edmunds, Chairman of the Board. "Odyssey is on track to deliver 1200 V vertical GaN FETs in 2022 for a handful of customers who have already requested engineering samples."

"I am thrilled to be joining Odyssey at such an important time for the Company. I am excited to work closely with the Board of Directors and passionate employees as we grow and create value for our customers and shareholders," said Mark Davidson. "The time for GaN is now, and we are confident that Odyssey's approach with vertical GaN will be appreciated and widely adopted by the market."