Agilence Names Industry Veteran J. Russell Hawkins to CEO Position.Event-based Video Analytics Provider Rounds Out Executive Team in Preparation for Market Expansion and Accelerated Growth CAMDEN Camden, borough, Greater London, England Camden, inner borough (1991 pop. 170,500) of Greater London, SE England. Within the borough, residential Hampstead is popular with writers and artists. , N.J. -- Agilence, Inc., the leading provider of Event-based Video Analytics (eVA), today announced the appointment of J. Russell Hawkins as the company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . A 25-year technology industry veteran, Mr. Hawkins will spearhead the company's growth and expansion initiatives and oversee all day-to-day operations. Mr. Hawkins comes to Agilence with a reputation for building early stage technology companies into successful businesses. In his role as CEO, Mr. Hawkins will be responsible for developing Agilence's overall strategy, driving revenue growth and profitability, and ensuring that the company is appropriately funded. His appointment follows recent investments by NextStage Capital and New Jersey Economic Development Authority The New Jersey Economic Development Authority (EDA) is an independent, quasi-governmental self-supporting entity in the U.S. state of New Jersey dedicated to broadening and expanding the state's economic base. (EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. ). "I am impressed with the strength of Agilence's executive team, their achievements to date, and the exceptional ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). their solution delivers to customers," said Mr. Hawkins. "Agilence is well positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. its strong technology and client portfolio and I am looking forward to helping the company achieve its potential." Mr. Hawkins will replace John Sullivan
John Sullivan (b. February 17 1740, Somersworth, New Hampshire – d. , one of Agilence's founders. Mr. Sullivan has stepped down to concentrate on leading the company's marketing and product management initiatives as executive vice president of marketing. "Russ is an established and seasoned CEO with an excellent track record of leading early stage technology companies," said Mr. Sullivan. "His background is highly complementary to our executive team, and we are very pleased to have him on board." Mr. Hawkins most recently served as president and CEO of Silverstorm Technologies, a start-up developer and manufacturer of Infiniband based network switches. At Silverstorm, he created and executed company strategy, restructuring for significant growth and resulting in its sale to Qlogic Corporation. Prior to joining Silverstorm, Mr. Hawkins was Senior Vice President of Carrier Access Corporation, following its acquisition of Paragon Networks where he had served as President and CEO. About Agilence, Inc. Agilence, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Camden, N.J., is the leading provider of Event-based Video Analytics (eVA). Agilence provides solutions to the Retail, Transportation and Gaming industries through its Storevision, Tollvision and Gamingvision products. These solutions provide a measurable return on investment through the synchronization of transaction data (point-of-sale, toll plaza lane controller data, player tracking systems, etc.) and CCTV CCTV abbr. closed-circuit television CCTV closed-circuit television video streams. By doing so, it enhances context and auditing capability for the protection of corporate assets, as well as its customers and constituents. Agilence and its global network of partners have helped numerous customers worldwide manage their business assets more efficiently. For more information about Agilence, please visit www.agilenceinc.com. |
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