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James M. Sweeney Named Chairman and CEO of IntelliDOT
Date:4/3/2009

t services for premature infants. In his most recent success, Mr. Sweeney's CardioNet technology has been proven three times more effective than conventional monitoring in identifying potentially life-threatening cardiac arrhythmias.

"I think there is a common theme in these ventures," Mr. Sweeney said. "By focusing on patient needs, by seeing healthcare through the patient's eyes, you can use technology to support changes that improve outcomes and reduce costs. IntelliDOT has made major contributions to patient safety with its systems -- more than 30 million medications safely administered while stopping more than 700,000 potentially fatal medication errors. I see the technology as the seed from which we can grow other wireless solutions that will be of tremendous help to patients and caregivers.

"The key to creating a better, more efficient, more socially affordable healthcare system is information," Mr. Sweeney said. "With wireless technology and a deep understanding of the human needs of all participants--patients, caregivers, payors and scientists--we can use clinical and business information to transform the way care is delivered. That will be our primary goal."

"Jim has a remarkable track record," said Dick Allen, IntelliDOT Director. "He has started eight product and service companies, took three companies public, raised billions of dollars in financing, and was responsible for some remarkable returns for investors. Most importantly, he has the vision to help IntelliDOT achieve its full potential. We are delighted to have him with us."

Thomas Klopack, who led IntelliDOT for the past three years, will be leaving the company, working with Mr. Sweeney and management during the transition period. Under Mr. Klopack's leadership, IntelliDOT has grown from an early stage R& D organization to a commercial enterprise that
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SOURCE IntelliDOT Corporation
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