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Fluidnet Corporation Appoints Benjamin E. Bulkley President and Chief Executive Officer
Date:8/23/2010

AMESBURY, Mass., Aug. 23 /PRNewswire/ -- Fluidnet Corporation (www.fluidnet.net), an innovator of advanced intravenous (IV) infusion systems, announced today that its Board of Directors has unanimously appointed Benjamin E. Bulkley as President and Chief Executive Officer, effective immediately. He succeeds the company's Founder, Jeffrey Carlisle, who will serve as Fluidnet's Chief Innovation Officer.

On behalf of the Board of Directors, Chuck Hadley, Chairman, said, "Fluidnet is fortunate to have Ben to lead the company through FDA clearance of its innovative infusion delivery system and drive the growth of the business. His operating successes in the healthcare IT, life sciences, medical device, and transportation industries represent a perfect mix for Fluidnet. His track record growing global businesses and delivering highly reliable, interconnected systems will pay great dividends for the doctors, nurses, and patients that rely on these systems every day."

According to the FDA, more than 56,000 adverse events and over 700 patient deaths over the past five years have been attributed to faulty infusion system design. The Fluidnet system, once cleared, will offer a transformational change in performance. Based on a decade of user-driven innovation, its architecture is the marriage of advanced fluidics, consumer electronics, and state-of-the-art software development methods.

"The opportunity to substantially improve the safety, usability, and reliability of infusion therapy is striking," said Mr. Bulkley. "Providers and regulators are clearly demanding an easier-to-use and more trustworthy solution. I am very excited to be joining such a strong team dedicated to this mission."

Fluidnet closed a Series B financing round of $9.1 million in March of this year to fund ongoing product development, regulatory, and market preparation efforts. The worldwide market for advanced IV delivery systems and acce
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SOURCE Fluidnet Corporation
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