Invisa Announces New Officers to Lead Growth Initiative
April 19 2011 - 9:35AM
Business Wire
Invisa, Inc. (OTCBB:INSA), announced today that Mr. John F.
Zappala has been named President and that Mr. Edmund C. King has
been promoted to Chief Executive Officer. Additionally, Ms.
Elizabeth Henson was named Vice President of Operations.
Mr. Zappala brings significant senior officer experience to
Invisa where his primary responsibilities will include leading
revenue growth and business development initiatives. His experience
spans companies ranging in size from $30 million to $120 million.
His multi-disciplinary background includes hands-on experience in
manufacturing, strategic planning, new product market entry, sales
management and strategic marketing. He was previously CEO and
President of the American Lock Company, a privately owned lock
manufacturing company with revenues of approximately $35 million,
and Group Vice President of Alltrista Corporation where he presided
over four division Presidents.
Mr. Zappala will be responsible for managing Invisa’s business
development including product development, strategic relationships
and pursuing acquisition opportunities.
Mr. Zappala stated that: “Invisa is well positioned with a solid
product reputation and a proven technology. Moving forward, we will
focus on achieving greater market penetration while advancing the
development of new products based on our existing technology. In
addition to organic growth, I will also focus on growth through
strategic relationships, acquisitions and business
combinations.”
Invisa’s CEO, Edmund C. King, stated, “John brings a level of
energy and a depth of experience which will be helpful in achieving
our revenue and growth goals. Additionally, John’s business
experience and skill will compliment Invisa’s activities.”
Invisa, Inc. manufactures and sells sensors using the Company’s
patented InvisaShield™ presence-sensing technology in the safety
market. We market our line of safety sensors under the name of
SmartGate® brand safety sensors used in or with parking barrier
gates to protect life and property. Our sales revenues are derived
from the sale of our SmartGate safety sensors.
This Press Release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. The company has tried, whenever possible, to identify
these forward-looking statements using words such as "anticipates,"
"believes," "estimates," "expects," "plans," "intends," "potential"
and similar expressions. These statements reflect the company's
current beliefs and are based upon currently available information.
Accordingly, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which could cause
the company's actual results, performance or achievements to differ
materially from those expressed in or implied by such statements.
Factors which may cause such differences include the company's
ability to meet planned delivery schedules, cancellation of orders,
and other risks disclosed in the Company's SEC filings. The company
undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information covered in this
press release, including such forward-looking statements.
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