CompuMed Announces Expansion of Management Team
October 16 2012 - 8:25PM
Marketwired
CompuMed, Inc. (PINKSHEETS: CMPD)
(www.compumed.net) -- a leader in telemedicine services for patient
diagnosis and management -- today announced that W. Scott Rombach
has been named the Company's President. Maurizio Vecchione,
previously the Company's CEO and President, will continue as the
CEO. Additionally, the Company has announced that Mr. Vecchione has
been appointed to the Board of Directors.
Mr. Rombach has served on CompuMed's Board of Directors since he
was appointed in 2011. He will continue to serve as a Director.
As a sales executive with PeopleSoft, Inc., Mr. Rombach
specialized in executing large software and services deals. He
brings a deep understanding of how customers can best leverage
enterprise technology solutions to cut costs and drive revenue.
Prior to its acquisition by Oracle, PeopleSoft was the global
leader in providing enterprise human resources and payroll software
solutions. Mr. Rombach also has experience in a start-up
environment. With Armstrong Laing, he drove sales that helped this
UK based company to become one of the market leaders in Activity
Based Management (ABM) software solutions. Mr. Rombach has an
M.B.A. from Georgia State University and a B.A. in Marketing from
Michigan State University.
Mr. Vecchione said, "Scott joins the management team at a
critical inflection point in our Company. As we emerge from our
extensive cost cutting and rationalization of our business around
our core telemedicine competency, we are poised to bring a new
class of enterprise telemedicine solutions to drive growth. Scott
brings us that experience by translating our product strategies and
strengths into sales growth and profits. We are very pleased to
have him take on this role."
"I firmly believe that there has been no better time in
CompuMed's 25-year plus history to be part of the company. I look
forward to working with Maurizio and the team to drive the revenue
and profit that will take CompuMed to the next level," said Scott
Rombach.
About CompuMed
CompuMed's diagnostic and management tools for the healthcare
community focus on telecardiology systems and software solutions.
We offer analysis and remote monitoring for patients with
cardiovascular and musculoskeletal diseases designed to improve
healthcare provider workflow and patient care while reducing costs.
CompuMed is headquartered in Los Angeles and distributes its
products worldwide both directly and through OEM partners. Visit
CompuMed at www.compumed.net and follow on Twitter @compumed.
Forward-Looking Statements
Statements contained in this report, such as statements about
revenue, operations, and earnings growth and other financial
results are forward-looking statements pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All such forward-looking statements including statements concerning
the Company's plans, objectives, expectations and intentions are
based largely on management's expectations and are subject to and
qualified by risks and uncertainties that could cause actual
results to differ materially from those expressed or implied by
such statements. These statements are subject to uncertainties and
risks including, without limitation, product and service demand and
acceptance, changes in technology, ability to raise capital, the
availability of appropriate acquisition candidates and/or business
partnerships, economic conditions, the impact of competition and
pricing, capacity and supply constraints or difficulties,
government regulation and other risks identified in the Company's
filings with the Securities and Exchange Commission and OTC Pink
operated by OTCMarkets. All such forward-looking statements are
expressly qualified by these cautionary statements. The Company
expressly disclaims any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect events, conditions or circumstances on which any such
statement is based after the date hereof, except as required by
law.
Press Contact: Susan Tellem Tellem Grody Public Relations +1
310-313-3444 susan@tellemgrodypr.com
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