Comprehensive Diagnostic Medical Group Appoints New CIO.Business Editors/Health & Medical Writers PRINCETON, N.J.--(BUSINESS WIRE)--Aug. 2, 2000 Brian T. Nugent Joins Comprehensive Medical Group as CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. Comprehensive Diagnostic Medical Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CMDI) announced today that Brian Nugent has been elected Chief Information Officer (CIO). He will also serve as Comptroller of the company. CMDI, which is a publicly traded Florida Company, recently announced a move into the health care field. It recently acquired The Comprehensive Medical Group (CMG CMG Coastal & Marine Geology (USGS) CMG Chipotle Mexican Grill, Inc. (stock symbol) CMG Companion (of the Order Of) St Michael and St George CMG Computer Measurement Group ), located in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. , to manage its medical businesses. CMDI also announced recently the acquisition of CAT-ECG, a pioneer company in medical diagnostics, and Cardiovascular Labs, a Pennsylvania-based manager of cardiology and vascular laboratories. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. CMDI President James H. Clingham, "Brian brings a diverse combination of abilities to the Company. Mr. Nugent's experience spans in finance, accounting, management, and technology. We have filled a key role in our management structure with Brian on board," Clingham said. "His experience in analyzing and unifying business will prove particularly valuable to CMDI." Mr. Nugent comes to CMDI with 12 years experience in information technology consulting Information technology consulting (IT consulting or business and technology services) is a field that focuses on advising businesses on how best to use information technology to meet their business objectives. and accounting and finance, including more than 3 years with KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen . Key clients and employers include Schering Plough, TCI (Trustworthy Computing Initiative) An umbrella term from Microsoft for its efforts to improve security in Windows. TCI was announced in 2002 after viruses such as Code Red and Nimda had succeeded in attacking numerous Windows computers. , Seagate Software, and Del Monte Fresh Produce. Mr. Nugent's career experience spans all aspects of information technology management including software assessment and implementation, business process reengineering See reengineering. , contract negotiation and organizational design. Mr. Nugent received a BS in Business Administration with honors from The College of New Jersey and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Rutgers University. "I am delighted to join a growing company in an industry where there is so much opportunity to apply technology," Nugent said. Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and the Securities Act of 1934, involving risks and uncertainties. These statements refer to our plans to implement our growth strategy, improve our financial performance, expand our infrastructure, develop new products and services, expand our customer base and enter new markets. The forward-looking statements also include our expectations concerning factors affecting the markets for our products, including the demand for health, wellness and telemedicine services. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the results that we anticipate. These risks and uncertainties include, but are not limited to, those risks discussed in this release. In addition to the factors specifically noted in the forward-looking statements, other important factors that could result in those differences include (a) general economic conditions in the health, wellness and telemedicine markets, including inflation, recession, interest rates, and other economic factors; (b) casualty to or other disruption of our facilities and operations; (c) those discussed in our Quarterly Report on Form 10Q for the period ended March 31, 2000; and (d) other factors that generally affect the business of health, wellness and telemedicine companies. We assume no obligation to update those forward-looking statements or to update the reasons actual results could differ materially from the results anticipated in the forward-looking statements. |
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