MISSION VIEJO, CA--(NewMediaWire - May 23, 2016) - Auxilio,
Inc. (OTCQB: AUXO),
a leading provider of Managed Print Services (MPS) and IT Security
for the healthcare industry, today announces the addition of Drex
DeFord and Mark Roberson to its Board of Directors, and the
election of J.D. Abouchar as Chairman of the Board.
J.D. Abouchar joined Auxillio's Board of Directors in March and
was further elected to the role of Chairman of the Board. "On
behalf of the Board we would like to publicly welcome J.D. to the
team. We are thrilled to have someone with J.D.'s background join
our Board of Directors. He brings a very important and valuable
expertise of working with high-growth companies in the healthcare
space, institutional investing and corporate governance," says
Joseph F. Flynn, CEO and President.
"I am excited to join the board of Auxilio in the role of
Chairman, as it enters the next phase of its growth. The
opportunities for the Company to expand its penetration in the
healthcare industry keep growing as customers adopt Electronic
Medical Records. The Company has a history of dynamic profitable
growth and is well positioned to leverage its position as a trusted
IT services provider into larger new customers and higher margin
offerings," says J. D. Abouchar.
The Company also appointed Drex DeFord and Mark Roberson to the
Board of Directors. Mark will serve as Chairman of the Audit
Committee. "Each of these gentlemen bring unique expertise and
talent to the table, complementing our vision as we strategically
move Auxilio into its next stage of growth as a leader in
healthcare digital information through our Managed Print Services
and Cybersecurity Services," says Flynn.
J.D. Abouchar, is a founding partner in Two Lakes Capital, an
institutional investment firm focused on investments in the
technology and healthcare industries. Prior to forming Two Lakes
Capital, from 2006 to 2014, he was an independent consultant to GRT
Capital Partners, LLC, and the portfolio manager of the GRT
Technology L.P. hedge fund and the GRT Tech Market Neutral fund;
Senior Analyst at Pacific Edge Investment Management, a hedge fund
specializing in various electronics and technology industries based
in Palo Alto, California. From 2007 to 2009, Mr. Abouchar was an
independent director and chairman of the audit committee of InFocus
Corporation, (INFS) formerly a NASDAQ listed company.
J.D. earned a Bachelor of Science degree in Economics from
Wharton School, University of Pennsylvania.
Drex DeFord, is an independent consultant with a long career as
a healthcare executive, including his experience as Co-Founder and
CEO of Next Wave Connect; EVP and CIO at Steward Healthcare in
Boston; SVP and CIO at Seattle Children's Health System and
Research Institute; and Corporate VP and CIO at Scripps Health in
San Diego. Prior to that, he spent 20 years in the US Air Force,
where he served as regional CIO, a medical center CIO, and Chief
Technology Officer for the USAF Health System's World-Wide
Operations. Drex has earned a Master of Science, Health Informatics
from University of Alabama-Birmingham and a Master of Public
Administration from University of Oklahoma. In addition, he is a
Fellow in HIMSS, CHIME and ACHE.
Mark Roberson, is a finance and operations leader who brings
deep experience with microcap and public company finance and
governance. Mark currently serves as the Chief Operating Officer of
Chanticleer Holdings, Inc., a NASDAQ-listed restaurant operating
company. He previously served as the Chief Executive Officer and
Chief Financial Officer of PokerTek, Inc., a NASDAQ-listed gaming
technology company. He has over 20 years of financial and
operational management experience, including Curtiss-Wright, Inc. a
NYSE-listed aerospace and defense contractor, Krispy Kreme Doughnut
Corporation, a NYSE-listed fast-casual restaurant franchisor and
operator, and LifeStyle Furnishings International, a $2 billion
private equity backed furniture manufacturer.
Mark is a CPA who started his career with Ernst & Young and
PricewaterhouseCoopers where he managed the firm's regional health
care practice. He earned an MBA from Wake Forest University, a BS
in Accounting from UNC-Greensboro and a BS in Economics from
Southern Methodist University.
About Auxilio, Inc.
Since 2004, Auxilio has led the Managed Print Services industry
by offering an innovative and customer driven approach for
healthcare organizations. Auxilio takes full responsibility for
healthcare customers' on-site print environment through situation
assessment, process analysis, strategy development and program
implementation. Hospitals and health systems benefit from
streamlined and aligned processes and infrastructure that result in
print management programs that reduce cost, increase employee
productivity, and meet and exceed patient care standards.
Auxilio serves a national portfolio of nearly 220 hospital
campuses and manages over 1.5 billion documents annually from over
90,000 devices, supporting over 280,000 caregivers. Auxilio's
Managed Print Services' business model is vendor neutral, provides
a dedicated resident team and is exclusive to the healthcare
industry.
Through its Cybersecurity Professional Services Group, Redspin
(a subsidiary of Auxilio) provides an end-to-end security offering
that specifically addresses hospital security challenges or when a
breach has occurred. Redspin's fully comprehensive portfolio of
services and technology includes penetration testing, HIPAA
security risk assessments, security program strategy, and a SaaS
technology solution, Redspin™ Risk Manager to more than 140
hospitals. This complete service offering of Redspin is unique to
the marketplace and helps ensure enterprise-wide security and
improved patient experiences through its ability to mitigate risk
and improve efficiency across the hospital or health system.
For more information about Auxilio, visit http://www.auxilioinc.com.
Forward Looking Statements
This release contains certain forward-looking statements
relating to the business of Auxilio, Inc. that can be identified by
the use of forward-looking terminology such as "believes,"
"expects," "anticipates," "may" or similar expressions. Such
forward-looking statements involve known and unknown risks and
uncertainties, including uncertainties relating to product/services
development, long and uncertain sales cycles, the ability to obtain
or maintain patent or other proprietary intellectual property
protection, market acceptance, future capital requirements,
competition from other providers, the ability of our vendors to
continue supplying the company with equipment, parts, supplies and
services at comparable terms and prices, expectations relating to
momentum of the business, expectations of increased demand for
Auxilio's services, growth of Auxilio's vertical framework,
anticipated results from cross-selling efforts, growing demand for
Auxilio's MPS programs, and other factors that may cause actual
results to be materially different from those described herein as
anticipated, believed, estimated or expected. Certain of these
risks and uncertainties are or will be described in greater detail
in our Form 10-K and Form 10-Q filings with the Securities and
Exchange Commission, which are available at http://www.sec.gov. Auxilio, Inc. is under no
obligation (and expressly disclaims any such obligation) to update
or alter its forward-looking statements whether as a result of new
information, future events or otherwise.