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Expresiv Technologies Appoints Frank Reeves as New President and Chief Executive Officer.


Business Editors & Health/Medical Writers

AUSTIN, Texas--(BUSINESS WIRE)--Oct. 2, 2002

Chris Foley Chris Foley (born in North Bay, Ontario) is a drummer best known for his work with Spice Girls and the hardcore band SSD in the early and mid 1980s.

Subsequently he played with MC Hammmer, Madonna and Weird Al.
 Appointed Vice President of Operations and

Doug Miller Appointed Vice President of Marketing

Expresiv Technologies, the leading provider of speech recognition technology that works for medical documents, today announced that veteran technology executive Frank Reeves has been appointed as the company's new president and chief executive officer replacing Tom Herring
    Thomas Mitchell Herr (born April 4, 1956 in Lancaster, Pennsylvania) is a former second baseman in Major League Baseball who played from 1979 to 1991 for the St. Louis Cardinals, Minnesota Twins, Philadelphia Phillies, San Francisco Giants, and New York Mets.
    .

    Herring remains active in leading the company, as he assumes the position of chairman of Expresiv's board of directors. Other key executive management appointments announced today include Chris Foley, as vice president of operations and Doug Miller who assumes the position of vice president of marketing. All of these executive changes took affect on Oct. 1, 2002.

    "The appointment of Frank Reeves 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.  is a significant milestone for Expresiv," said Tom Herring. "With over a decade of finance and operations experience in leading publicly traded technology companies, he is the ideal leader to ensure that our products and services meet the needs of our customers and deliver maximum value to all of our stakeholders Stakeholders

    All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government.
    . When you combine Frank's appointment with that of Chris Foley and Doug Miller, Expresiv has added exceptional experience to its management team to extend our innovation, core strengths and rapidly accelerate growth."

    "As I considered this opportunity, the foremost question in my mind was whether Expresiv has the people, technology, market position and funding to be `the' major force in the speech recognition technology space. As COO over the last six months, I've had an insider's first-hand look at the innovation, talent and leadership within the company which has led me to answer a resounding re·sound  
    v. re·sound·ed, re·sound·ing, re·sounds

    v.intr.
    1. To be filled with sound; reverberate: The schoolyard resounded with the laughter of children.

    2.
     `Yes.'"

    Reeves sees significant opportunities to fuel growth in the current healthcare market and is already redefining the company's business model and operations to take advantage of them. The restructuring currently under way focuses on accelerated development of key products and services, revised marketing strategy and a renewed focus on recruiting and retaining key channel partners -- all to extend Expresiv's reach by combining instantaneous speech recognition with deferred speech recognition-enabled transcription services.

    Frank Reeves has more than 16 years executive and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
    Please [ improve this article] or discuss the issue on the talk page.
     experience. He joined Expresiv as COO in April 2002. Prior to joining Expresiv, Frank served as executive vice president and CFO See Chief Financial Officer.  of publicly held Luminex Corporation, a leading developer of biological testing technologies for the life sciences industry.

    Prior to Luminex, Frank served for more than seven years as a Partner at PriceWaterhouseCoopers (PWC) where he was responsible for a variety of transactions in the technology sector, including initial public offerings, mergers and acquisitions and strategy consulting. Frank holds a B.S. in Marketing and Accounting and an M.S. in Taxation from the University of Baltimore The University of Baltimore (UB), located in downtown Baltimore, Maryland in the Mt. Vernon neighborhood, is part of the University System of Maryland.

    UB recently opened a brand new student center as well as changing the colors to blue and green, and the "UB" logo.
    .

    Tom Herring joined Expresiv in March 2002 from Polaris Venture Partners and provides more than 28 years of executive management experience in the high technology industry. Prior to his role as a general partner at Polaris Venture Partners, he served as president and CEO of NuMega Technologies Inc., where he positioned NuMega as a leader for advanced error detection and debugging (programming) debugging - The process of attempting to determine the cause of the symptoms of malfunctions in a program or other system. These symptoms may be detected during testing or use by real users.  software. Prior to NuMega, Tom served as vice president of corporate marketing for Sybase Inc., where he oversaw o·ver·saw  
    v.
    Past tense of oversee.
     all strategic, corporate and channel marketing initiatives.

    Tom also served as vice president of sales, marketing and business development for Powersoft Corporation (company) Powersoft Corporation - A leading vendor of client/server application development tools.

    In February 1994, Watcom became a wholly-owned subsidiary of Powersoft Corporation which merged with Sybase on 13 February 1995.
    , an early client/server software company that had a successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  in 1993 and was acquired by Sybase in 1995 for approximately $900 million. In the same year, Tom was recognized as the "High Technology Sales and Marketing Executive of the Year" by Upside Upside

    The potential dollar amount by which the market or a stock could rise.

    Notes:
    This is basically an educated guess on how high a stock could go in the near future.
    See also: Bull, Downside
     magazine. Tom holds an M.S. in Statistics and Economics and a B.B.A. in Marketing from Texas Tech University.

    Chris Foley brings over 17 years of executive senior management experience in the healthcare industry to Expresiv. He was most recently chief operating officer Chief Operating Officer (COO)

    The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
     of Argo Systems, a technology leveraged consolidator in the medical industry. Prior to that, Foley served as vice president/COO at IR Inc., a medical billing, transcription and performance analytics company, where he was responsible for company operations, technology initiatives and global market development.

    Prior to IR, he served as vice president of operations at Rodeer Services Inc., vice president at publicly held MedQuist Inc., founded and served as chief executive officer of C. Foley & Associates Inc., a communications consulting and technology provider, and he began his career at Lanier Worldwide. His education includes an undergraduate degree “First degree” redirects here. For the BBC television series, see First Degree.

    An undergraduate degree (sometimes called a first degree or simply a degree
     in Marketing and a graduate degree in Business Administration.

    In his role as vice president of marketing, Doug Miller is responsible for leading and developing Expresiv's strategic marketing and channel initiatives for all products and services. With over 30 years experience in the technology industry, Miller brings deep domain expertise and a proven track record to Expresiv. He most recently served as vice president of sales and marketing at Partnerware where he was responsible for all aspects of sales and marketing.

    Prior to Partnerware Miller was chief marketing officer at Hire.com where he directed all marketing activities leading a repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery.  effort to transform the company into a successful Application Service Provider, and played a key role in major sales and strategic partnering opportunities. Prior to Hire.com, Miller held key marketing and sales roles at Dazel Corporation, Powersoft, Candle Corporation, Quantum Access and Computer Corporation of America.

    About Expresiv Technologies

    Expresiv Technologies provides the first end-to-end clinical application of advanced speech recognition technology that really works for medical documents. Based in Austin, Texas, Expresiv Technologies was founded in 1998 and has over 3,000 customers nationwide -- and this elite group of healthcare organizations is rapidly growing. The company is backed by Polaris Venture Partners, Eaglestone Capital, Independent Bankers Capital and Eyes of Texas Partners. For more information, please visit www.expresiv.com.

    (c) Copyright 2002, Expresiv Technologies.

    Expresiv Enterprise/MD(tm), MD Dictate PC(tm), MD Dictate Server(tm), MD Dictate Assist(tm), MD Dictate Net(tm) and SincStream(tm) are registered trademarks or trademarks of Expresiv Technologies Inc.

    All other product names are registered trademarks or trademarks of their respective holders.
    COPYRIGHT 2002 Business Wire
    No portion of this article can be reproduced without the express written permission from the copyright holder.
    Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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    Publication:Business Wire
    Date:Oct 2, 2002
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