Seasoned Healthcare Entrepreneur Brings Strong Track Record in Building
Highly Successful Companies
TORONTO, July 5, 2012 /CNW/ - Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF), a leader in secure mobile health, has
appointed Bret W. Jorgensen as chairman of the board succeeding Albert
Wahbe, who has retired as chairman but remains a member of the board.
Jorgensen brings over 20 years of experience as a healthcare
entrepreneur and corporate transformation executive to Diversinet. He
has deep leadership experience in rapid-growth, technology-enabled
health services organizations and a proven record in corporate
fundraising, strategy execution and value creation. Jorgensen was most
recently the CEO of MDVIP, a personalized healthcare company that
offers primary and preventive care services in 40 states. He left the
company in early 2010 after a successful sale to Procter & Gamble. He
currently serves as director of MDVIP.
Previously, as CEO, he restructured InSight Health, a diagnostic-imaging
business with more than 200 service sites. Earlier in his career,
Jorgensen was co-founder and president of TheraTx Health Services, a
large, fast-growing healthcare services company with 240 sites, 5,000
employees and an innovative point-of-care HCIT solution, TheraSys.
TheraTx was recognized as the 2nd fastest growing public company by Inc. magazine and Jorgensen received
the "Entrepreneur of the Year" Award in Healthcare for this effort. He
left the company after a successful sale to Kindred.
Jorgensen also currently serves as chairman of Crossover Health, an
innovative worksite health provider, and a board member of the Kravis
Leadership Institute. He is a strategic advisor to Qualcomm Life, which
offers the 2net platform for mobile health, and Hello Health, which
provides an unique patient engagement platform, and has served as a
director of several other public and private healthcare companies.
The appointment of Jorgensen follows Diversinet's recent appointment of
Dr. Hon Pak as the company's CEO. While Jorgensen brings to Diversinet
a career-long record of accomplishment in founding and growing
technology enabled healthcare services companies, Pak is contributing
strong hands-on experience as a clinician and healthcare IT executive.
Given their long service at the forefront of improving the U.S.
healthcare delivery, they will work together to lead Diversinet as it
focuses on patient engagement and care coordination with its innovative
applications of secure mobile technology.
"We are very fortunate to have attracted two deeply experienced and
forward-thinking healthcare professionals," noted Wahbe. "The
healthcare environment is evolving rapidly, with an emphasis on
patient-centered mobile technology, and Bret and Hon bring the right
mix of experiences to drive Diversinet's success."
"This is an exciting time to join Diversinet," Jorgensen said. "It is
clear there is a growing demand for mobile-enabled patient engagement
and care coordination tools and the company's MobiSecure® technology is well positioned to succeed in this emerging market. I
look forward to working closely and actively with Dr. Pak and the Board
to lead Diversinet."
Mr. Jorgensen has been issued stock options to purchase up to 863,562
common shares of Diversinet Corp. exercisable at U.S.$0.09 per common
share for a five-year term.
Diversinet Corp. (TSX Venture: DIV, OTCBB: DVNTF) provides patented and
proven secure products that enable healthcare organizations to rapidly
deploy HIPAA-compliant mobile healthcare (mHealth) applications to
power care coordination. Learn more about Diversinet at www.diversinet.com.
The Private Securities Litigation Reform Act of 1995 and Canadian
securities laws provide a "safe harbour" for forward-looking
statements. Certain information included in this press release (as well
as information included in oral statements or other written statements
made or to be made by the company) contains statements that are
forward-looking, such as statements relating to the success of current
product offerings. Such forward-looking information involves important
risks and uncertainties that could significantly affect anticipated
results in the future and, accordingly, such results may differ
materially from those expressed in any forward-looking statements made
by or on behalf of the company. For a description of additional risks
and uncertainties, please refer to the company's filings with the
Securities and Exchange Commission available at www.sec.gov and Canadian securities regulatory authorities available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
MobiSecure is a registered trademark of Diversinet Corp.
SOURCE Diversinet Corp.
For further information:
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