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Alan Waterhouse Named President and CEO of Asteres Inc.


Business Editors

DEL MAR Del Mar is the name of several places in the United States of America:
  • Del Mar, California
  • Del Mar, Texas
  • Del Mar High School, located in San Jose, California
  • Del Mar Racetrack, located in Del Mar, California
, Calif.--(BUSINESS WIRE)--Feb. 19, 2004

Asteres Inc., the industry's first developer of automated prescription storage and self-checkout machines for the retail pharmacy market, announced today that it has named Alan Waterhouse as President and 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. . Mr. Waterhouse was recruited by Asteres Founder & Chief Business Officer, Linda Pinney. "I am thrilled to bring Al back to San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. ," said Pinney. "Al is a friend and colleague whose exceptional leadership and superior operations background will enable Asteres to scale exponentially to serve its markets."

Mr. Waterhouse rejoins a dynamic team of former Pyxis talent at Asteres including Ron Taylor, Founder & CEO of Pyxis who serves as the company's Chairman and Sanderling Ventures General Partner Tim Wollaeger, who was the first major investor in Pyxis and is the first major investor in Asteres. "Today we added a key Executive to the already impressive leadership at Asteres. Al brings healthcare automation expertise and a long track record of diversified P&L success in high growth environments." Asteres Chairman Ron Taylor went on to say, "bringing Al back for this position is a big win for Asteres and its customers."

Al Waterhouse joins Asteres from Cardinal Health <includeonly></includeonly>

Cardinal Health (NYSE: CAH) is a premier, global healthcare company dedicated to making healthcare safer and more productive. Overview
Headquartered in Dublin, Ohio, Cardinal Health, Inc.
 where he was President of Cardinal Health's Packaging Services, based in Philadelphia, which is the world's largest fully integrated packager for pharmaceuticals with over 4,000 employees operating in 12 facilities worldwide. Al was promoted internally from Pyxis Corporation in San Diego, another Cardinal Health company, where he was Vice President of Manufacturing/Operations responsible for production, materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, , worldwide logistics, property and facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises.  and information technology. Before joining Pyxis, Mr. Waterhouse held several senior management positions in manufacturing and operations with General Motors Corporation.

Mr. Waterhouse holds a Bachelor's degree from Otterbein College in Westerville, Ohio Westerville is a city in Franklin and Delaware Counties in the U.S. state of Ohio. It is a suburb of Columbus. The population was 35,318 at the 2000 census. Geography
Westerville is located at  (40.123496, -82.
 and a Master's in Business Administration from Xavier University For other educational institutions using the name Xavier, see .
Xavier University may refer to:

In the United States:
  • Xavier University (Cincinnati), Ohio
  • Xavier University of Louisiana at New Orleans
  • St.
 in Cincinnati.

Asteres Inc. develops and manufactures automated machines for the controlled storage, management, purchasing and dispensing of consumer products, healthcare medications & supplies and finished prescriptions.

Asteres(TM) and ScriptCenter(TM) are trademarks of Asteres Inc.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those set forth in the forward-looking statements
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Feb 19, 2004
Words:368
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