CompuMed Announces Management Change
LOS ANGELES, CA--(June 10,2013) - CompuMed, Inc. (OTCBB: CMPD) (www.compumed.net)
--a leader in telemedicine services for patient diagnosis and management -- announceda change in management.
Effective May 31, 2013, Phuong "Foo" Dang resigned as the Chief Financial Officer and Corporate Secretary of CompuMed. Also on May 31, 2013, Laura Carroll wasappointed the company's CFO and Corporate Secretary. Ms. Carrollhas served as CompuMed's Controller since April of this year and will maintainthis position as well.
Said Mr. Mark Stolper, CompuMed's Chairman, "On behalf of theboard I would like to thank Foo for her years of service to the company. We wish her the best in her futureendeavors."
AtMoviso, Ms. Carroll served as the SVP of Operations and Accounting during whichshe was responsible for all accounting, finance and budget functions. Moviso was the largest U.S. provider ofringtones, graphics and mobile content prior to being sold to InfoSpace.
Whileat The Disney Stores, Ms. Carroll held manager and director level financial,accounting and operations positions. She was responsible for payments andcontrols of $1.5B annually as the company grew from 100 stores in the U.S. toover 600 stores in 11 countries.
Ms.Carroll has a B.S. in Accounting from Indiana University's Kelly School ofBusiness. She startedher career as an Audit Supervisor with PricewaterhouseCoopers.
Mostrecently, Ms. Carroll has provided executive consulting services in the areasof accounting and finance to a number of relatively small healthcare companies.
"Laura brings deep experience in bothfinance and operations and will be a strong addition to the management team. She will continue the company's cost cuttingefforts and be responsible for streamlining accounting and finance processes. I am extremely pleased that Laura is takingan expanded role within CompuMed," said Mr. W. Scott Rombach, CompuMed'sPresident and CEO.
About CompuMed
CompuMed's diagnostic andmanagement tools for the healthcare community focus on telecardiology systemsand software solutions. We offer analysis and remote monitoring for patientswith cardiovascular and musculoskeletal diseases designed to improve healthcareprovider workflow and patient care while reducing costs. CompuMed isheadquartered in Los Angeles and distributes its products worldwide bothdirectly and through OEM partners. Visit CompuMed at www.compumed.net and follow on Twitter @compumed.
Forward-Looking Statements
Statements contained in thisreport, such as statements about revenue, operations, and earnings growth andother financial results are forward-looking statements pursuant to the safeharbor provisions of the Private Securities Litigation Reform Act of 1995. Allsuch forward-looking statements including statements concerning the Company'splans, objectives, expectations and intentions are based largely onmanagement?s expectations and are subject to and qualified by risks anduncertainties that could cause actual results to differ materially from thoseexpressed or implied by such statements. These statements are subject touncertainties and risks including, without limitation, product and servicedemand and acceptance, changes in technology, ability to raise capital, theavailability of appropriate acquisition candidates and/or businesspartnerships, economic conditions, the impact of competition and pricing,capacity and supply constraints or difficulties, government regulation andother risks identified in the Company's filings with the Securities andExchange Commission and OTC Pink operated by OTCMarkets. All suchforward-looking statements are expressly qualified by these cautionary statements.The Company expressly disclaims any obligation or undertaking to releasepublicly any updates or revisions to any forward-looking statements to reflectevents, conditions or circumstances on which any such statement is based afterthe date hereof, except as required by law.
CompuMed, Inc. InvestorRelations: investorrelations@compumed.net or (310) 258-5000?