SCWorx has appointed Alton Irby to serve as a member of the Board of Directors effective immediately
March 15 2021 - 03:13PM
SCWorx Corp. (NASDAQ: WORX), a provider of data management
services to healthcare providers, announced today its Board of
Directors has appointed Alton Irby to serve as a board
member, effective immediately.
“We are pleased to welcome Mr. Irby to the
SCWorx board of directors,” said Tim Hannibal, President and COO of
SCWorx. “We believe that Mr. Irby’s long experience as an
investment banker and advisor to many corporate boards in both the
United States and Europe will bring valuable experience to SCWorx.
In particular, his 17 year tenure as a senior member of the Board
of McKesson Corporation gives him valuable experience in
healthcare and is specifically relevant to large hospital groups
which SCWorx targets.”
As a result of the resignation of Charles
K. Miller, the Nasdaq Stock Market had previously notified
the Company that it did not comply with the audit committee
requirements for continued listing on The Nasdaq Capital
Market . Based on the appointment of Alton Irby to the
Company’s audit committee, Nasdaq has notified the Company that it
now complies with its audit committee rule, and this matter is now
closed.
About SCWorx Corp.
SCWorx has created an advanced attributed
virtualized item data warehouse utilizing machine learning and
artificial intelligence to offer a suite of
software-as-a-service-based solutions for healthcare providers. The
value proposition for customers revolves around the full
integration of all solution modules with the company’s data
platform. The solution modules include Virtual Item Master, data
cleanse and normalization, contract management and request for
pricing (RFP) module, automated rebate management module, data
interoperability (EMR, MMIS, finance) module, Automated Item Add
Portal, Virtual General Ledger, and the data analytics module.
SCWorx creates a single source for information for the healthcare
provider’s data governance and analytics requirements.
Forward-Looking Statements
This press release contains “forward-looking
statements” that involve substantial risks and uncertainties for
purposes of the safe harbor provided by the Private Securities
Litigation Reform Act of 1995. All statements, other than
statements of historical facts, included in this press release
regarding strategy, future operations, future contract renewals and
terminations, future financial position, prospects, plans, and
objectives of management are forward-looking statements. You can
identify many (but not all) such forward-looking statements by
looking for words such as “assumes,” “approximates,” “believes,”
“expects,” “anticipates,” “estimates,” “projects,” “seeks,”
“intends,” “plans,” “could,” “would,” “may” or other similar
expressions. You should not place undue reliance on these
forward-looking statements. Such statements are based on
management’s current expectations and involve risks and
uncertainties. Actual results and performance could differ
materially from those projected in the forward-looking statements
as a result of many factors, including, without limitation, early
termination of agreements, securing future contracts and orders,
future product sourcing, supply disruptions, containing costs, the
ability to project future cash utilization and reserves needed for
contingent future liabilities and business operations, the
availability of sufficient resources of the company to meet its
business objectives and operational requirements and other
important factors that are detailed in filings with the Securities
and Exchange Commission made from time to time by SCWorx, including
its Annual Report on Form 10-K for the year ended December 31,
2019, Quarterly Reports on Form 10-Q, and Current Reports on Form
8-K. Matters described in forward-looking statements may also be
affected by other known and unknown risks, trends, uncertainties,
and factors, many of which are beyond the company’s ability to
control or predict. SCWorx undertakes no obligation to release
publicly any revisions to any forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
Contact:
Investor Relationsir@scworx.com
Source: SCWorx Corp.
Released March 15, 2021
###
SCWorx (NASDAQ:WORX)
Historical Stock Chart
From Feb 2024 to Mar 2024
SCWorx (NASDAQ:WORX)
Historical Stock Chart
From Mar 2023 to Mar 2024