Communications Synergy Technologies, Inc. Announces Board and Officer Appointments; Peter M. Palermo re-Elected as Chairman of the Board; Adds Sales and Business Development Positions to Increase Market Presence.ROCHESTER, N.Y. -- Communication Synergy The enhanced result of two or more people, groups or organizations working together. In other words, one and one equals three! It comes from the Greek "synergia," which means joint work and cooperative action. Technologies, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CSYT) (ComSynTech), a developer of radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease. information management and document preservation systems, announced today that Peter M. Palermo, Chairman of the Board, has been re-elected to an additional term. Mr. Palermo is Founder, Chairman 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. of Strategic Triangle, Inc., an international management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects firm which specializes in assisting executive management teams in identifying strategic and financial alternatives and forming strategic alliances. Prior to this, he served a variety of progressive executive management roles at Eastman Kodak Company to include Chief Marketing Officer, President of Medical Imaging and Health Sciences, and President of the Consumer Imaging Group. He retired from Kodak in 1994. Seth A. Borg, M.D., President, CEO and Founder of ComSynTech, noted, "We are very pleased that Peter will continue in his role as Chairman of the Board. He has been instrumental in defining our strategic focus to bring our products to market and initiating relationships with key strategic partners. His knowledge in the medical imaging industry and technology development markets is invaluable to our product commercialization efforts." Mr. Palermo commented, "I am intrigued with the technology that ComSynTech has developed and excited about its prospects. Strategically, the Company has the potential to build its revenue through direct sales and partnerships and, with sufficient traction, it can then sell or license its technologies which will then fund the development of the next technology in the pipeline. I am pleased to be a part of the team." ComSynTech also announced that it had appointed Craig Stevens Craig Stevens is the name of several people including:
Stevens, formerly Vice President of Indirect Sales for Eastman Kodak's Medical Imaging and Health Sciences Group, has extensive experience in identifying new market channels and building partnerships. In addition to his former role at Kodak, Stevens held a variety of positions including VP Indirect Sales, for Kodak's Health Imaging Division where he managed and developed strategy for the multi-million dollar "Medical Distributor" Channel business. Craig also served as the division's VP Americas Service, where he managed top and bottom line performance of the $126 million medical service business with over 1100 employees. Other positions included multiple international assignments. He received his BS from Florida State University Florida State University, at Tallahassee; coeducational; chartered 1851, opened 1857. Present name was adopted in 1947. Special research facilities include those in nuclear science and oceanography. and financial training from the Kellogg School Kellogg School may refer to:
Willoughby, formerly with Eastman Kodak as its Director and Vice President Medical Imaging Business, brings over 29 years experience in medical imaging technology to ComSynTech. His responsibilities included business channel development and the management of Health Imaging's national account organization. As Corporate Account Executive for Konica Minolta Medical Imaging, he had extensive involvement in managing the medical product sales channels and corporate accounts. He has a BS in Political History from SUNY SUNY - State University of New York , and completed the Advanced Business Management Program at Rochester Institute of Technology School of Business. Dr. Borg added, "Our primary focus is on growing market awareness and building sales of InFORM(tm), our unique modular radiology information system A Radiology Information System (RIS) is used by radiology departments to store, manipulate and distribute patient radiological data and imagery. The system generally consists of patient tracking and scheduling, result reporting and image tracking capabilities. . The power of our product lies in its patented clinical diagnostic reporting module which can reduce transcription costs by up to half and eliminate redundant activities for medical doctors and radiologists. Another unique feature of our product is its practice performance module, designed to help practitioners improve profit margins and enhance revenue opportunities. We believe that with the addition of Craig and Tom to our team, we can accelerate the market entry of InFORM(tm)." About ComSynTech Communication Synergy Technologies, Inc. develops and markets document creation, management and preservation systems for medicine, industry, finance, and government. Its strategy is to continue to develop new products to improve medical practices' processes and create information preservation technologies. The products developed by ComSynTech provide efficiency, improve operational processes and enhances communication quality by automating the creation, capture, management, distribution, archiving, preservation and retrieval of voice and word documents. ComSynTech's InFORM(tm), DocVAULT and eflash integrate with, and complement, existing information management systems enabling rapid implementation and ease of use. More information about ComSynTech and its products can be found at its website: www.comsyntech.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. regarding expectations for future financial performance, which involve uncertainty and risk. It is possible the Company's future financial performance may differ from expectations due to a variety of factors including, but not limited to, changes in economic and business conditions in the world, increased competitive activity, achieving sales levels to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. revenue expectations, technology advancements, unexpected costs and charges, adequate funding for plans, regulatory and other approvals and failure to implement all plans, for whatever reason. It is not possible to foresee fore·see tr.v. fore·saw , fore·seen , fore·see·ing, fore·sees To see or know beforehand: foresaw the rapid increase in unemployment. or identify all such factors. Any forward-looking statements in this report are based on current conditions; expected future developments and other factors it believes are appropriate in the circumstances. Prospective investors are cautioned that such statements are not a guarantee of future performance and actual results or developments may differ materially from those projected. The Company makes no commitment to update any forward-looking statement included herein, or disclose any facts, events or circumstances that may affect the accuracy of any forward-looking statement. |
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