Esperanto Technologies Appoints Nick Aretakis as VP of Sales and Marketing

   Seasoned Technology Veteran to Drive Worldwide Growth of Esperanto’s Machine Learning Accelerators

MOUNTAIN VIEW, CALIFORNIA, March 5, 2019 – Esperanto Technologies Inc., developer of high-performance, energy-efficient computing solutions for Artificial Intelligence (AI) and Machine Learning (ML) applications based on the open standard RISC-V instruction set architecture, has appointed Nick Aretakis as Vice President of Sales and Marketing.

In this capacity, Aretakis will drive Esperanto’s worldwide sales and business growth, developing and managing direct and channel sales, expanding customer relationships, ensuring solid service and support, and managing both customer-facing and technical marketing teams.

A high-growth technology company sales and marketing executive, Aretakis’ expertise includes sales, marketing and strategic partnerships, and building field sales and support teams to drive early adoption and proliferation, accelerating revenues and profit growth, as well as raising capital through private and public markets. His technology experience spans semiconductors, computing, telecom, networking, internet, fiber optics, software (SaaS), FinTech, IoT and medical devices. Notably, Aretakis grew GlobeSpan’s annual revenue from $10 million to over $300 million in three years, $500 million post-merger; led sales growth at ESS Technology from pre-sales to over $250 million in three years; and has been a lead executive in two successful initial public offerings.

Prior to joining Esperanto, Aretakis was a business development VP at the Silicon Valley Executive Network, and an independent consultant serving hundreds of leading high technology companies. Earlier, he served as VP sales at Advanced Analogic Technology, Inc., VP sales and marketing at Conexant / GlobeSpan, VP sales for ESS Technology, director of sales at Media Vision, director of sales at SEEQ Technology, and marketing manager at Microchip Technology Inc. Aretakis received his BS in Electrical Engineering from Columbia Engineering, and his BA in Mathematics from Hobart and William Smith Colleges.

“Nick brings over 30 years of experience with proven success in sales, business development and marketing, encompassing semiconductors, computing, and related markets,” said Dave Ditzel, president and CEO of Esperanto. “We expect Nick will build a world-class team and infrastructure to support our customers and accelerate sales and revenue growth. His expertise and commitment make him an ideal choice for this key position.”

“I am delighted to join the Esperanto team, impressed with the leading-edge technology and high-performance, energy-efficient computing solutions Esperanto will deliver in the exciting, rapidly growing artificial intelligence and machine learning markets,” commented Aretakis. “My focus will be developing sales channels, devising winning go-to-market strategies with highly talented marketing and technical teams while working closely with industry leading customers, and increasing profitable business growth.”

About Esperanto Technologies

Esperanto Technologies develops high-performance, energy-efficient computing solutions for AI/Machine Learning based on the open standard RISC-V instruction set architecture. Esperanto is headquartered in Mountain View, California with engineering sites Portland, Oregon and Austin, Texas in the United States and multiple sites in Europe. Esperanto has brought together a seasoned team of experienced processor and software engineers with the goal of making RISC-V the architecture of choice for compute-intensive applications such as Artificial Intelligence and Machine Learning. For more information, please visit https://www.esperanto.ai/