FOR IMMEDIATE RELEASE
Medsphere Names Frank Pecaitis as
Vice President of Sales and Marketing
ALISO VIEJO, California, Aug. 2, 2005 - Medsphere Systems Corporation, the leading commercial provider of open source technology for the healthcare industry, announced today that Frank Pecaitis has joined the company's executive management team as Vice President of Sales and Marketing. Pecaitis brings nearly 20 years of healthcare information technology experience to Medsphere, including a proven track record of market share growth with new and emerging products in both privately held and publicly traded companies.
"Frank is a veteran in the healthcare IT industry bringing a wealth of sales, marketing and operations experience to our executive management team," said Larry Augustin, Chief Executive Officer, Medsphere Systems Corporation. "Frank will play a crucial role, helping us to effectively reach out to healthcare organizations that have been traditionally unable to realize the benefits of a cost-effective, comprehensive, and fully integrated electronic health record solution."
Prior to joining Medsphere, Pecaitis spent nearly thirteen years with QuadraMed Corporation (AMEX:QD), a healthcare information technology company, where he most recently served as a corporate officer and Senior Vice President of Client Development. At QuadraMed, Pecaitis was instrumental in creating the overall product strategy, growing the market share and building a national reputation for its flagship Affinity® product. He also managed sales, marketing, client management and federal government business operations functions. Prior to this, he was Vice President of Western Field Sales and the top sales performer with The Compucare Company, which was the original developer of the Affinity® product and subsequently acquired by QuadraMed.
About Medsphere Systems Corporation
As the Open Source source for healthcare, Medsphere is revolutionizing the industry by delivering commercially supported software based on the U.S. Department of Veterans Affairs' proven VistA electronic health record (EHR). Medsphere offers healthcare an economically sustainable and comprehensive solution in OpenVista®, a portfolio of products and professional services for hospitals, clinics, and integrated delivery networks. The company addresses the capital constraints of the healthcare industry through an innovative subscription-based pricing model. Medsphere's experienced team of healthcare technology professionals and unique suite of implementation tools deliver a fluid transition to a comprehensive healthcare information technology solution. Founded in 2002, Medsphere is backed financially by Azure Capital Partners, Thomas Weisel Venture Partners, and the Wasatch Venture Fund. For more information, visit www.medsphere.com.Contacts
|
Corporate: Rick Jung Chief Operating Officer Medsphere Systems Corporation (949) 297-8182 office rick.jung@medsphere.com |
Media: Marisa Borgasano Schwartz Communications (415) 512-0770 (office) medsphere@schwartz-pr.com |