MONTREAL, Aug. 22 /CNW Telbec/ - LMS Medical Systems (TSX:LMZ), a
healthcare technology company and developer of the CALM(R) patient safety
software systems for obstetrics, today announced the appointment of Harry G.
Hohn to Chairman of the Board.
Mr. Hohn spent over four decades with the New York Life Insurance Company
having joined the company initially as an attorney. Formerly Chief Executive
Officer, he also served as Chairman of the Board. During his watch, New York
Life grew to $90 billion of assets and $18 billion of revenue.
At the Company's annual meeting of shareholders held August 12, 2008 six
board members were re-elected being Elaine Beaudoin, Diane Côté, Terrance H.
Gregg, Harry G. Hohn, Benoit La Salle and Michael Maher.
In addition, four new directors were welcomed to the board; Dr. Emily
Hamilton, William C. Horn, Jacques Malo and Timothy R. McCracken.
Dr. Hamilton is an Obstetrician Gynecologist with over two decades of
clinical experience and founder of LMS. She has held various academic
appointments at McGill University including Director of Perinatology and has
served on several national task forces for clinical practice guidelines on
fetal surveillance and preterm labor.
William C. Horn is the Chief Operating Officer of First Angel
Capital LLC, an investment boutique and private investment fund. From 2001 to
2004 Mr Horn was at State Street Corporation, Boston, MA where he was Vice
President, Risk Management & Compliance. Mr. Horn spent the eight years prior
involved with Fidelity Capital Markets and Fidelity Management and Research
Company in roles that involved Counterpart research, global Risk Management,
and fixed income trading. Mr. Horn lives in Boston.
Jacques Malo has been engaged in the software industry for over 30 years.
Formerly Vice-President, Business Engineering, for CGI Inc., he has also been
responsible for business development at AGTI Consulting Inc. He has actively
engaged in the information technology arena as President of BCE Emergis Canada
and held numerous Chief Information Officer positions in the media and
financial services industry. Mr. Malo is the Vice-Chairman of the Board of
Technologies 20-20 inc. and Chairman of the Board of Sensio Technologies inc.
Timothy R. McCracken is Managing Director and a Co-founder of Motum, LLC,
a Dallas based revenue performance consulting firm that helps companies exceed
breakthrough revenue through the effective transformation of sales and
marketing. Before Motum, Tim was Vice Chairman of Tatum LLC, the largest
executive services firm in the US. During his thirty-year career, Tim also
served as Sr. Vice President Global Presales for i2 Technologies, a world
leader in supply chain software and launched and led the third-largest global
service line for Ernst & Young Consulting.
About LMS: LMS is a leader in the application of advanced mathematical
modeling and neural networks for medical use. The LMS CALM Suite provides
physicians, nursing staff, risk managers and hospital administrators with
clinical information systems and risk management tools designed to improve
outcomes and patient care for mothers and their infants during childbirth.
Except for historical information contained herein, the matters discussed
in this news release are forward-looking statements. Because these
forward-looking statements involve risks and uncertainties, there are
important factors that could cause actual results to differ materially from
those expressed implied by the forward-looking statements including, but
without limitation, economic conditions in general and in the healthcare
market, the demand for and market for our products in domestic and
international markets, our current dependence on the CALM product suite, the
challenges associated with developing new products and obtaining regulatory
approvals if necessary, research and development activities, the uncertainty
of acceptance of our products by the medical community, the lengthy sales
cycle for our products, third party reimbursement, competition in our markets,
including the potential introduction of competitive products by others, our
dependence on our distributors, physician training, enforceability and the
costs of enforcement of our patents, potential infringements of our patents
and the other factors set forth from time to time in the Company's filings
with the United States Securities and Exchange Commission and with the
Canadian Securities Commissions. The Company has no intention of or obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
For further information:
For further information: about LMS Medical Systems: Andrea Miller,
Communications, LMS Medical Systems Inc., (514) 488-3461 Ext. 222, Fax: (514)
488-1880, email@example.com; www.lmsmedical.com; Grant Howard/Dave
Burwell, The Howard Group Inc., Toll Free: 1-888-221-0915,