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Ron F. Richard Crowned New CEO at Innomed Technologies, Inc


5/14/2013 7:07:29 AM

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InnoMed Names Ron F. Richard as Chief Executive Officer

COCONUT CREEK, Fla.--(BUSINESS WIRE)-- InnoMed Technologies Inc., a Coconut Creek-based medical equipment manufacturer which develops interface products for use in hospitals, institutions and homecare settings, announced today the appointment of Ron F. Richard to the position of CEO. In this position he will also oversee the sister companies of Mergenet Medical, which is gearing up to launch a HI-FLO therapy device, and Respcare, Inc. Mr. Richard most recently served as CEO for the Americas Division of (REKHEAP) REKA Health, Inc. and has more than 30 years of experience in the healthcare industry. Mr. Richard has worked as a clinician in respiratory care as well as sales, marketing, product development and strategic planning.

Mr. Richard has held a number of senior level positions in the industry prior to joining InnoMed Technologies. Over the last 25 years, Mr. Richard has launched over 25 products in the respiratory market and holds 6 patents with a number of other pending approvals in the areas of sleep and respiratory care. Growing market share, increasing sales and building brand recognition are the legacies Mr. Richard has left throughout his career, from his early days at (COV..NYSE) Nellcor Puritan Bennett and Thermo Medical Group, to the more recent, (RMD..NYSE) ResMed and SeQual Technologies which is now (GTLS..NASDAQ) Chart Industries, he has proven to be an advocate first and foremost for patients and developing products that improve health care outcomes. Richard has been a pioneer in the sleep industry and developed multiple CPAP, mask interfaces and noninvasive ventilators. During his career he has owned and managed sleep centers as well as home care and hospital distribution companies which provided a wealth of experience and insight towards his work in product development and marketing.

“I’m very excited about joining the InnoMed team as they have been innovative in the field of sleep and respiratory care for many years. They have an environment that instills entrepreneurial approaches to creating new products which in turn have had a positive impact in the healthcare industry. A key to the success of this company has been consistent leadership, responsiveness to the input of clinicians and patients as well as placing a great deal of pride in their R/D efforts as well as their engineering expertise.”

Mr. Richard is a published author on multiple topics in healthcare, a guest presenter at numerous events and actively supports patient advocacy groups to improve the outcomes and health benefits for patients suffering from chronic conditions such as COPD, sleep apnea, and degenerative neuromuscular disease such as ALS. He has been active in several associations over the years helping to craft improved standards, health care finance issues, reimbursement and strategic planning with such organizations as AHA, NAMDRC, ACCP, AARC and ASAA. He also remains active in his other passion which is performing live music with various bands in and around Southern California. He will be releasing a new CD of original songs this summer and has guest artists appearing on the project from such bands as Further, Ryan Hiller Band, Ike Turner, and others.

“Ron Richard’s expertise in sales and marketing will bring tremendous growth to our variety of innovative products,” says Javier Collazo, Senior Vice President in Mergenet Solutions.

“As an unarguable heavyweight in the industry, Mr. Richard will bring tremendous value and momentum,” Shara Hernandez, CEO of parent company Mergnet Solutions

About InnoMed Technologies, Inc.

InnoMed Technologies, Inc. (www.innomedinc.com) is a research-oriented, privately held company that manufactures and markets innovative medical devices to treat obstructive sleep apnea and respiratory insufficiency. InnoMed Technologies, Inc. holds numerous patents and has several patents pending.

Mergenet Solutions Inc., Mergenet Medical’s parent company, manages, manufactures, and distributes the highly acclaimed line of Respiratory and Sleep Devices, including Innomed’s Nasal-Aire® line of CPAP interfaces and RespCare’s Hybrid®, Aloha®, Sylent® & Bravo® line of interfaces.

About Mergenet Medical Inc. (MMI): Mergenet Medical Inc. is a global medical device company that designs and manufactures innovative medical devices that assist healthcare institutions measurably improve outcomes, reduce infections and improve patient and provider safety. Learn more at www.mergenetmedical.com.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130514005283/en/

MULTIMEDIA AVAILABLE:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50631474&lang=en

Contact:

InnoMed Technologies Inc.

Elena Hartmanis, 561-756-5551

Bac2u2@aol.com



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