Danger Restructures, Forms Advisory Board With The Woz [Corrected]

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[Correction: We erroneously said that Steve Wozniak was the founder of Danger, Inc. in the original version of this story. Fortunately, Mr. Wozniak corrected us, and the article below has been edited accordingly. - Editor]

Appleis other Steve, Steve Wozniak, has not been involved with the inner workings of Apple for quite some time, but that doesnit mean heis been idle. One of most compelling communications devices to come along in years, the Hiptop (or if youire a T-Mobil customer, the Sidekick), is produced by a company Woz is involved with, Danger, Inc. Both the company and the device have been moderately successful, winning awards and recognition for innovation and design. The company has announced a recent investment by Soft Bank, Inc, and along with that investment comes a restructuring and the formation of an advisory board. From the Danger, Inc. press release:

Danger, Inc., provider of the hiptop(TM) Wireless Solution, today announced the formation of a new advisory board and a restructuring of its board of directors. The advisory board will be comprised of a small team of elite industry experts and is being put in place to provide technical advice and strategic guidance to the company.

The advisory boardis leader and founding member is Steve Wozniak, co-founder of Apple Computer, Inc. Wozniak helped shape the computing industry with his design of Appleis first line of products including the Apple I and II, and he influenced the popular Macintosh. Wozniak is joined by Mike Read, a global communications veteran who is currently president and managing director of GX Networks / Europe. Read spent more than 30 years at British Telecom, finishing his career at BT as Chief of Global Engineering. Danger will announce the remaining members of the advisory board later in 2003.

"Danger is very fortunate to have strategic counsel from these industry-leading minds," said Hank Nothhaft, Danger chairman and chief executive officer. "Steveis consumer computing experience and Mikeis international telecom experience are incredibly relevant for Danger. We expect to fill out the advisory board with this caliber of people."

In addition to forming the new advisory board, Danger is also restructuring its board of directors. Eric Hippeau from SOFTBANK Capital Partners has been elected to Dangeris board of directors, effective immediately. The board composition changed due to SOFTBANKis investment in Danger. SOFTBANK led Dangeris Series D financing in February 2003.

For more information about Danger, its products, and this announcement stop by the companyis Web site.

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