Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

KMRD Partners Expands Risk Management and Insurance Team With Addition of Industry Executive to Join Limerick PA Office


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“The quality and commitment that KMRD demonstrates to its clients, the team-oriented culture and caliber of the firms’ employees, and the strong emphasis on personal relationships are the major reasons I came to KMRD.”

KMRD Partners (KMRD), one of the Mid-Atlantic region’s largest providers of risk management, insurance, and human capital solutions, today announced the appointment of Jeremy Hahn to join KMRD’s Limerick PA office, effective March 3, 2020.

With over 13 years of property and casualty insurance experience in commercial and personal lines, Hahn brings deep expertise in the acquisition, management, retention, and renewal of small and middle market clients – with an emphasis on long-term relationship building as well as excellent customer service. Before joining KMRD, Hahn worked as Producer/Risk Management Consultant for M.F. Irvine (an AssuredPartners Company). Previously, Hahn worked for Aon as Account Specialist and Nationwide Insurance as Insurance Agent.

“After an extensive search, we are excited to welcome Jeremy to help accelerate growth and further strengthen the delivery of KMRD’s full range of risk and insurance capabilities, including working hard to support our existing 98% client retention rate,” said Bob Dietzel, Co-Founder and Principal of KMRD. “We believe Jeremy’s proven track record in risk and insurance brokering, combined with his experience across benefits, small business insurance, and ongoing client service, make him an excellent addition to our team.”

“The quality and commitment that KMRD demonstrates to its clients, the team-oriented culture and caliber of the firms’ employees, and the strong emphasis on personal relationships are the major reasons I came to KMRD,” said Hahn. “KMRD has a great reputation in the market. I’m thrilled to join the team and ready to begin.”

Prior to entering the risk and insurance industry, Jeremy spent five years working for KidsPeace, a private charity serving the behavioral and mental health needs of children, families and communities. Originally from the Lehigh Valley, Jeremy holds a Bachelor of Science degree in Kinesiology from Penn State University.

Today’s announcement builds on the company’s momentum as an industry leader, with other recent announcements, including near record 21% revenue growth in 2019, two new awards for top insurance workplace and fast growth, and the recent acquisition of Embrook Benefits, a results-driven employee benefits and HR consulting firm located in Willow Grove, PA.

For more information about KMRD’s Risk Management capabilities, please visit https://kmrdpartners.com/risk-management-solutions/.

About KMRD Partners

KMRD Partners, Inc. specializes in providing Risk Management, Insurance Brokerage, and Human Capital Solutions. Our award-winning team, disciplined approach, proven processes, combined with our Risk Management Portal make KMRD the leading choice for existing clients and future partners looking to improve protection and reduce the overall cost of risk. Founded in 2005 – and with over 2000 clients nationwide, 40 staff members, and three offices operating in the Greater Philadelphia area – KMRD is one of the nation’s fastest growing independent agencies with double digit revenue growth each year for over 10 years running. For more information, visit https://kmrdpartners.com/.

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Earl R. Fender Joins as President & CEO


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We are very excited to welcome Earl Fender to the Nalu team. I cannot think of a stronger person to lead Nalu as it enters its full commercialization and growth phase than Earl. He brings over 30 years of successful experience in building and leading medical technology companies.

Nalu Medical, Inc. (“Nalu”), a global medical device company that provides miniaturized, battery-free implantable solutions for the treatment of chronic pain in Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS), announced today that Earl R. Fender has been appointed President and Chief Executive Officer and member of the Board of Directors. Mr. Fender succeeds Keegan Harper, who has stepped down as CEO but will remain as Chairman of the Board.

“We are very excited to welcome Earl Fender to the Nalu team,” said Mr. Harper. “I cannot think of a stronger person to lead Nalu as it enters its full commercialization and growth phase than Earl. He brings over 30 years of successful experience in building and leading medical technology companies. For the last 12-years, he worked in the chronic pain space as the CEO of Vertiflex, Inc., which was acquired by Boston Scientific in June 2019. He brings a wealth of experience in building industry-leading, high growth companies and I am excited to have him join the Nalu team.”

“I am very excited and proud to join Nalu’s illustrious team who has developed such differentiated technology to positively impact the lives of patients in the U.S. and abroad,” said Mr. Fender. “The uniquely miniaturized, battery-free and easily upgradable Nalu implantable pulse generator system will help expand patient acceptance in both spinal cord and peripheral nerve stimulation.”

Mr. Fender added, “The Board thanks Keegan for his years of dedicated service to Nalu since founding the Company in 2014. As Nalu’s co-founder and CEO, Keegan built a strong team, developed a sophisticated product in record time, launched a successful first in human study in Australia, received FDA clearance in SCS and PNS, received CE mark approval, and completed a successful limited clinical launch in the U.S. We look forward to his continued leadership as Nalu’s Chairman.”

About the Nalu Neurostimulation System

The Nalu neurostimulation system is a battery-free, micro-implantable pulse generator (iPG) currently cleared by the FDA for both Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS) for mitigating chronic pain. The system is highly capable and easily upgradeable, providing a menu of therapy options. To learn more, please visit http://www.nalumed.com.    

About Nalu Medical

Nalu Medical, Inc. is a privately held early-stage medical device start-up company based in Carlsbad, California. The team of seasoned entrepreneurs, engineers and scientists are developing the next generation of medical devices to address a number of poorly treated clinical conditions. Nalu Medical’s vision is to modernize and enhance medical device technology to improve people’s lives.

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ASCCP Announces New President for 2020-21


ASCCP announces its new president, Mark Einstein, MD, MS. Dr. Einstein was sworn in as President of ASCCP at the Annual Business Meeting. In his role as president, he will serve as Executive Officer for ASCCP and oversee the governance of the Board organization. Prior to becoming President, Einstein served as President-Elect.

“Even in these uncertain times, we need to keep our eye on prevention of cervical cancer. ASCCP is committed to our mission and recently launched the ASCCP Risk-Based Management Consensus Guidelines for the management of women with abnormal cervical cancer screening,” said Dr. Einstein.

Dr. Einstein completed his fellowship in Gynecologic Oncology at Albert Einstein College of Medicine in 2002 and is an accomplished surgeon-scientist. He currently serves as Professor and Chair, Department of OB/GYN & Women’s Health at Rutgers New Jersey Medical Center and Interim Chief Medical Officer for University Hospital in Newark, NJ.

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About ASCCP

ASCCP is a professional society for an interdisciplinary group of healthcare professionals including physicians, physician assistants, nurse practitioners, midwives and researchers, who are focused on improving lives through the prevention and treatment of anogenital and HPV-related diseases. For more information visit http://www.asccp.org.

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Cisive Executive Shannon Shoemaker Recognized in CEO Today’s Business Women of the Year Awards


Cisive Executive Shannon Shoemaker Recognized in CEO Today’s Business Women of the Year Awards

I am honored to be part of an organization like Cisive that values diversity and inclusion in leadership. I am grateful to have a seat at the leadership table where I can make a difference throughout my work each day.

Cisive, a global provider of compliance-driven human capital management and risk management solutions, today announced the company’s Vice President of Solutions, Marketing and Partnerships Shannon Shoemaker was recognized in CEO Today magazine’s “Business Women of the Year” 2020 special issue. CEO Today acknowledges women who are the driving force behind their business while driving equality in their sector and beyond.

Shannon Shoemaker has managed Cisive’s Solutions, Marketing and Partnerships as Vice President since 2017 and brings over a decade of experience in the background screening industry. Due to Shoemaker’s efforts, Cisive is widely recognized across the globe. In 2017, she was recognized by Columbus Business First as one of the Top 15 People to Know in HR. Currently, she works closely with the Cisive family of companies to maximize each business unit’s marketing opportunities in alignment with the company’s mission.

“Shannon’s recognition as ‘Business Woman of the Year’ in CEO Today is well-deserved,” said James Owens, President and CEO at Cisive. “In less than 18 months, her leadership and vision have established the Cisive brand as the premier provider in the background screening industry. She believes in the Cisive brand’s promise of high quality and has dedicated the past few years in communicating our commitment to excellence in every aspect of our brand experience.”

“It is an honor to be recognized by CEO Today in their annual list of business women,” said Shannon Shoemaker, VP, Brand, Marketing and Partnerships at Cisive. “I am honored to be part of an organization like Cisive that values diversity and inclusion in leadership. I am grateful to have a seat at the leadership table where I can make a difference throughout my work each day.”

In addition to Shoemaker’s recognition in CEO Today’s Business Women of the Year 2020 special issue, Cisive has previously been honored as Company of the Year by CIO Review and as CIO Bulletin’s 30 Admired Companies to Watch in 2020. For more information about Cisive’s suite of solutions, visit http://www.Cisive.com.

About Cisive

Cisive is a global leader in compliance-driven human capital and risk management solutions, providing onboarding and pre-employment background screening solutions to address the complex challenges and needs of large enterprises with dedicated, in-country account management teams committed to customer satisfaction. Cisive is accredited by the Professional Background Screeners Association (PBSA) and was named for the third consecutive year by HRO Today to the 2019 Baker’s Dozen Customer Satisfaction rankings of Top Pre-Employment Screening Providers, in addition to being named Company of the Year by CIO Review. The company and its brands serve clients in financial services, transportation, telecom/media, healthcare, utilities and the home services end-markets, among others. For additional information, please visit http://www.cisive.com.

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Sourcing Industry Group Names Executives from Axis Capital, Coupa and SAP Ariba to Advisory Board


SIG the network for sourcing executives.

Sourcing Industry Group is the premier network for sourcing executives.

The value that the Board brings through their insight and experiences is immensely important to the strategic direction for SIG.

Sourcing Industry Group (SIG), the premier membership organization for sourcing, procurement, outsourcing and risk executives, today announces the appointment of eight senior executives to the SIG Advisory Board for a three-year term, including:

  • Jeff Amsel, Vice President, Global Sourcing and Real Estate, HERE Technologies
  • Tony Filippone, Chief Procurement Officer, Axis Capital
  • Daryl Hammett, Chief Operating Officer, ConnXus
  • Pat McCarthy, Senior Vice President and General Manager, Global, SAP Ariba and SAP Fieldglass
  • Mike Morsch, Vice President, Global Procurement and Supply Chain, CDK Global
  • Chris Sawchuk, Principal and Global Procurement Advisory Practice Leader, The Hackett Group
  • Michael van Keulen, Chief Procurement Officer, Coupa
  • Michele Wesseling, Associate Vice President, Global Third Party Management Office, TD Securities Limited

“We are thrilled to have such an outstanding advisory board,” said Dawn Tiura, President and CEO of SIG. “The diversity of these companies is a true reflection of the SIG community at large. The value that the Board brings through their insight and experiences is immensely important to the strategic direction for SIG.”

SIG members are primarily buy-side Fortune 500 and Global 1000 companies representing trillions in annual revenues and sourceable spend. This impressive Board will begin their term at the SIG Procurement Technology Summit taking place online beginning on May 11, and are rounded out with existing Board members, including:

  • Krystelle Bilodeau, Director, Payment and Settlement Operations, Bank of Canada
  • Al Girardi, Global Vice President of Marketing and Chief Marketing Officer, GEP
  • Vito Giuliani, Chief Procurement Officer, ADP
  • Rajeev Karmacharya, Managing Director, Strategic Sourcing and Category Management, Fannie Mae
  • Douglas Kortfelt, Senior Vice President and Chief Procurement Officer, Corporate Real Estate and Enterprise Services, CNA Insurance
  • Joseph Martinez, Global Chief Procurement Officer, Bank of New York Mellon
  • Elissa Ouyang, Chief Procurement Officer, California Water Services
  • Emily Rakowski, Chief Marketing Officer, EcoVadis
  • John Sculley, Chairman, PeopleTicker
  • Greg Tennyson, Head of Global Corporate Services, VSP Global

“We are so thankful for the time and service of those who are rolling off the Board,” continued Tiura. “Their guidance to the SIG leadership team has made an enormous impact over the past three years. We are grateful for their dedication and commitment to our industry.” Executives who have completed their terms on the SIG Advisory Board include:

  • Tim Cronin, Vice President, Business Operations, Florida Blue/Guidewell
  • Dina Ghobrial, Chief Procurement Officer, Coupa (formerly)
  • Victoria LoGuercio, Vice President, Business Services, Home Box Office, Inc. (formerly)
  • Mike Matheis, Global Industry Association, Civic and Economic Organization Lead, Oliver Wyman
  • Veronica McCright, Vice President, Genentech Site Services
  • Canda Rozier, President, Collabra Consulting
  • Tolga Tomar, Director of Procurement, Thirty-One Gifts (formerly)
  • Philip Wood, Vice President, Strategic Sourcing and Operations, Bank of the West

About SIG 

SIG, https://sig.org/ is a membership organization that provides thought leadership and networking opportunities to executives in sourcing, procurement, outsourcing and risk from Fortune 500 and Global 1000 companies and the advisors who serve them. SIG is widely known as a forum for sharing “next” practices and thought leadership through live networking events, virtual forums and a comprehensive online SIG resource center (SRC), which was developed by and for professionals in sourcing and outsourcing. The organization is unique in that it blends practitioners, service providers and advisory firms in a non-commercial environment. SIG is also the parent organization for SIG University, a one-of-a-kind certification and training program for professionals and executives seeking deep expertise in sourcing and governance for themselves or their teams, as well as Future of Sourcing, which provides unrivaled digital content for the opinion-formers and decision-makers at the heart of the outsourcing space.

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Floify Releases New Hybrid E-Closing Solution


Floify logo

Floify, the leading provider of digital mortgage technology, announced today it has released their new hybrid e-closing solution. This highly anticipated addition to the company’s robust point-of-sale system helps enterprise lenders stay ahead of evolving market conditions and appeal to their consumers’ appetites for digital offerings by enabling borrowers to electronically sign non-notarized portions of their mortgage closing package in advance of their in-person closing appointment. The result is a more focused signing session where only the necessary documents that need to be wet signed are presented, so borrowers can get in and out of the closing office in a matter of minutes.

Floify’s new hybrid e-closing solution builds upon the existing fundamentals of the company’s Disclosure Desk solution, which leverages an integration with DocuSign e-signature and a lender’s loan origination system (LOS), to provide borrowers with a smooth and simplified disclosure signing experience within the Floify point-of-sale portal. To enable this streamlined workflow, hybrid e-closing automatically identifies the non-informational, non-wet-sign forms within the closing package and makes them available for e-signature within a borrower’s Floify dashboard. Borrowers are then able to review the selected package in advance of a signing period that is calculated based on the LOS’ assigned closing date.

“Floify’s hybrid e-closing offering will not only provide loan originators with the closing solutions they need in this economy – where social distancing is being encouraged – but also allow them to better serve their tech-savvy borrowers,” said Floify CEO Dave Sims. “Our company is excited to equip lenders with the industry’s most advanced digital mortgage solutions to help reduce origination times, increase profit margins, and get their borrowers past the mortgage closing table in record time.”

Additional features, which the company will continue to roll out in the coming months, will further provide mortgage lenders with advanced capabilities designed to eliminate pain points and make manual components of the process more pleasant and efficient for lenders and borrowers alike.

With more than one million registered users, Floify’s point-of-sale system was designed to be an intuitive, flexible and affordable platform that simplifies how lenders collect, verify and manage loan documents, track loan progress, and communicate with borrowers, agents and other stakeholders. When using Floify to automate the lending process, enterprise lenders have reported getting borrowers to clear-to-close up to 7.5 days faster.

About Floify:

Floify is a digital mortgage automation and point-of-sale solution that streamlines the loan origination process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Lenders use Floify to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. Floify is based in Boulder, Colorado. For more information, visit the company’s website at floify.com or on social media at Facebook, LinkedIn or Twitter.

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Buy an Essential Business in Fruitland Park, Florida via Lender Ordered Auction on Thursday, May 28th


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This auction offers bidders the opportunity to enter the third largest convenience store market in the country. With single store operators making up 62.1 percent of all c-stores, it’s a chance to buy an essential business in the heart of Florida at the bidder’s price.

The .86 acre property has a great location on the signalized corner of US 441/27 and Picciola Cutoff Road. The business has over 37,000 cars pass by per day. The 2,720 Sq. Ft. building has stucco exterior and had a complete interior renovation in 2015. Renovations included large food/beverage counters with all new equipment, 10 door walk in cooler with beer cave. The exterior improvements completed in 2014 included: a new 2,496 Sq. Ft. canopy with LED lighting, 3-new underground fuel tanks with new piping/venting/submersible pumps.

The auction will offer the assets as a turn-key package; the equipment and real estate will be sold together to one buyer.

Tyler Maas, director of sales and marketing for Maas Companies, states, “This auction offers bidders the opportunity to enter the third largest convenience store market in the country. With single store operators making up 62.1 percent of all c-stores, it’s a chance to buy an essential business in the heart of Florida at the bidder’s price. The property has an excellent location on a signalized corner with ingress and egress off 6 lanes of traffic. The lender is excited to now have the opportunity to sell the property and to find a new owner.”

Bidders interested in the property should contact the auction company to receive access to all the due diligence documents prior to the auction.

Potential buyers are encouraged to inspect the property during the below noted times or any time via virtual tour:

Wednesday, May 6    10 AM – 2 PM

Wednesday, May 27    10 AM – 2 PM

Other times by appointment.

Details of the sale are available at the auction website, http://www.conveniencestoreauction.com or by contacting the auction company directly at 507-285-1444.

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Northern Virginia Technology Council Announces Finalists for the 2020 Greater Washington Technology CFO Awards


“We had an exceptional group of nominees that our selection committee carefully considered. I am very excited about our slate of finalists who each in his/her own right has achieved a remarkable level of success,” said Bobbie Kilberg, President and CEO of NVTC.

The Northern Virginia Technology Council is pleased to announce the finalists for the 2020 Greater Washington Technology CFO Awards, which salutes both established chief financial officers and mid-career finance professionals for extraordinary achievement and excellence in promoting the development of the region’s technology

community.

“We had an exceptional group of nominees that our selection committee carefully considered. I am very excited about our slate of finalists who each in his/her own right has achieved a remarkable level of success,” said Bobbie Kilberg, President and CEO of NVTC. “Given our current environment, the role of a CFO is even more essential. I commend all of them for their hard work and dedication to their companies.”

Winners in the following five categories will be announced at the 24th annual awards banquet in September at The Ritz-Carlton, Tysons Corner. For the second year, NVTC has included a Rising Star Award to recognize the region’s next generation of emerging finance stars. The award will be given to a class of honorees, instead of a single individual.

“We were very impressed with the caliber of CFOs being considered this year. Our judges panel consisted of former CFO award winners who set the tone for this new wave of finalists. It comes as no surprise that the finalists selected for this year’s CFO Awards are some of the most dedicated and innovative business leaders in the area,” remarked Anthony Calderazzi, Technology Assurance Partner, Ernst & Young. Calderazzi is the chairman of this year’s awards program.

2020 Greater Washington Technology CFO Awards Finalists

Emerging Growth CFO of the Year Finalists

John Hall, Notal Vision

Brian Holtmeier, Protenus

Yanek Korff, Expel

Hans Morris, ID Agent

Sourav Nayak, Arcadia

Private Company CFO of the Year Finalists

Kevin Cheetham, Custom Ink

Charles Colligan, Aledade

Bruce Crowell, SOS International

David Miller, Sonatype

Michael Pilon, Valiant Integrated Services

Public Company CFO of the Year Finalists

Judy Bjornaas, ManTech

Mitchell Chan, Viela Bio

John Kavanaugh, Perspecta

Elaine Marion, ePlus

Dawn Wilson, KLDiscovery

Financier of the Year Finalists

Jim Hunt, Lavrock Ventures

Marc Lederman, NewSpring Capital

Dan Mindus, NextGen Venture Partners

Devin Talbott, Enlightenment Capital

2020 Rising Star Class Honorees

Mahsa Dornajafi, IonQ

Kimberly Estes, The Knot Worldwide

John Georges, Ellucian

Joshua Lynch, Novetta

Mark Matheos, Appian

Justin Swietlik, Custom Ink

###

Contact

Kara Mauceri

Northern Virginia Technology Council (NVTC)

kmauceri@nvtc.org

(301) 775-3322

Lexie Janney

Merritt Group

janney@merrittgrp.com

(703) 390-1531

About the Northern Virginia Technology Council

The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia. As one of the largest technology councils in the nation, NVTC serves about 1,000 companies from all sectors of the technology industry, as well as service providers, universities, foreign embassies, nonprofit organizations, and governmental agencies. Through its member companies, NVTC represents about 350,000 employees in the region. NVTC is recognized as the nation’s leader in providing its technology community with networking and educational events; specialized services and benefits; public policy advocacy; branding of its region as a major global technology center; initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas; and the NVTC Foundation, a 501(c)(3) nonprofit charity that supports the NVTC Veterans Employment Initiative and other priorities within Virginia’s technology community. Visit NVTC at http://www.nvtc.org.

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Tickr Introduces COVID-19 Brand Risk Monitor


Tickr COVID-19 Brand Risk Monitor screenshot

Tickr’s COVID-19 Brand Risk Monitor is a crisis communications management solution, tailored to the needs of agencies

“Tickr’s COVID-19 Brand Risk Monitor helps agency communications teams to manage some of the unpredictability by helping them to keep their finger on the pulse of the conversation at all times,” said Tyler Peppel, Founder and CEO, Tickr.

Tickr, the cloud analytics platform for agencies and brands, today introduced the COVID-19 Brand Risk Monitor, a crisis communications management solution that helps agencies track the impact of the global Coronavirus pandemic.

“Communications agencies are currently facing an unprecedented challenge, finding themselves in the difficult and often awkward position of having to market their client brands against the backdrop of the global Coronavirus Pandemic,” said Tyler Peppel, Founder and CEO, Tickr. “The media dialogue about COVID-19 is having a significant impact on brands in travel/hospitality, fast-moving consumer goods, media, finance, retail, pharma, technology, and more. Communications have never been more sensitive. Impressions formed during the heat of this crisis can impact brands in the moment, for months ahead, and possibly for years to come.”

Tickr’s COVID-19 Brand Risk Monitor is a crisis communications management solution, tailored specifically to the needs of agencies. The Tickr solution tracks media coverage and social conversations for multiple client brands in real-time through a single unified interface. It enables agencies to track brands, people, peers and competitors, products, categories and keyword terms on a global level, across multiple industries. It also provides streamlined agency-client reporting, with intuitive and customizable dashboards that always show the most recent, up-to-date data and information. Using this solution eliminates the need for account teams to log on to upwards of 20 different platforms in order to access relevant data. The information can be presented immediately in a client-ready format, without requiring any additional steps, thereby creating a more efficient workflow and enabling agency resources to be focused on generating high-value insights, strategy and action.

The Tickr COVID-19 Brand Risk Monitor enables agencies to service multiple clients through one license by pulling data from multiple internal and external sources into one interface. The solution can be used internally, or offered as a value-added service to clients. Screens can be branded for the agency/consultancy, the client, or Tickr. The solution offers turnkey configuration, and includes unlimited logins, users, and client reports. Monthly and hourly support packages are available, dependent upon requirements.

“Let’s face it — we are living in the midst of volatility, uncertainty, complexity and ambiguity, said Peppel. “Tickr’s COVID-19 Brand Risk Monitor helps agency communications teams to manage that unpredictability by keeping their finger on the pulse of the media conversation in real-time.”

For additional information about Tickr’s COVID-19 Brand Risk Monitor, email us at info@Tickr.com.

About Tickr

Tickr has built the premier marketing and media analytics platform for agencies, consultants, and brands. Tickr’s cloud solution gives agencies the ability to unify client data into a single source of truth for more efficient reporting, better decision-making, and real-time control over PR, marketing and advertising performance.

Tickr’s best-in-class combination of end-to-end data management, ML/AI technology, and high-performance architecture makes it simple for data-driven agencies to connect, unify, analyze, and act on all of their media and marketing metrics. Tickr’s solutions power faster insights and better decisions for some of the world’s leading agencies and brands.

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Matrix Sciences Names Mr. Yves Raymond as Vice-President, Corporate Development


Yves Raymond, Vice President, Corporate Development of Matrix Sciences International Inc.

“Yves is a seasoned leader who brings a wealth of experience in the testing and inspection market,” Robert Wiebe, CEO Matrix Sciences International, Inc.

Matrix Sciences International Inc. has named Mr. Yves Raymond as Vice President, Corporate Development, effective immediately.

Reporting directly to Matrix Sciences Chief Executive Officer, Robert Wiebe, Mr. Raymond will be a key member of the senior leadership team and responsible for the continued develop of new capabilities to the portfolio of client services and the growth of the business footprint through merger and acquisition activities. His responsibilities will include coordination of the Company’s acquisitions and integration initiatives which have historically been a pivotal corner stone of Matrix Sciences success.

“Yves is a seasoned leader who brings a wealth of experience in the testing and inspection market and has continually demonstrated a solid track record of successful acquisitions throughout his career ” said Robert Wiebe, Chief Executive Officer of Matrix Sciences. We are excited to welcome Yves and his passion for growth and innovation to the Matrix Sciences team.

Yves Raymond most recently served as Director of Corporate Development at BrandSafway Inc., where he managed the merger and acquisition activities for the business. Mr. Raymond has also held several key senior management positions within the sales and marketing, product development and corporate development functions within Bureau Veritas and Motorola. He has a Bachelor of Business Administration Degree from the University of Ottawa (Canada). He also holds an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University (U.S.A).

“Matrix Sciences brings together the expertise, resources and support needed to partner with the food supply chain to ensure food safety from farm to consumer, and I am excited to play a role in shaping its future,” said Raymond. “Matrix Sciences is already changing the way food supply chain players manage the information required to make informed decisions with confidence, and the consistent production of safe, quality food, and there is so much potential for them to do more in the emerging food safety ecosystem. I look forward to helping to continue to build upon their existing success.”

About Matrix Sciences International Inc.:

Matrix Sciences is a growing network with the shared purpose of delivering accurate, timely and insightful information so that customers have what they need to bring safe, quality food to market. Its laboratory network includes facilities in Columbus, Chicago, Green Bay, Portland, Northern Indiana, and California, is complemented by is sensory and product research facilities in Michigan and across Canada.

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