Awarepoint, Leading RTLS Provider for Hospitals, Continues Staffing Up for Growth

Stephen Zaniboni, formerly of XIFIN, Inc., joins as CFO and Peter Mojica, a 25 year Wall Street information technology executive, joins as Vice President of Product Management

Jun 14, 2010, 10:00 ET from Awarepoint Corporation

SAN DIEGO, June 14 /PRNewswire/ -- Awarepoint Corporation, a top provider of Real-time Location Systems (RTLS) and networked awareness solutions for hospitals,  today announced two key additions to its management team. Stephen Zaniboni has accepted the position of Chief Financial Officer, and Peter Mojica joins as Vice President of Product Management.

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Zaniboni comes to Awarepoint with vast experience as a financial leader with companies in health care and technology. He most recently served as Chief Financial Officer of San Diego-based XIFIN, Inc., a leading provider of revenue cycle management software-as-a-service for diagnostic laboratories.  His experience includes raising more than $500 million through venture financing and IPO proceeds for high growth healthcare and technology companies. Zaniboni has served as Chief Financial Officer of AviaraDx (now bioTheranostics, acquired by bioMerieux), Arcturus Bioscience (acquired by Molecular Devices Corp., now MDS) and Sequenom. Prior, he held various financial management positions at Aspect Medical Systems, Behring Diagnostics, and Boston Scientific. Mr. Zaniboni is co-founder of Sorrento Therapeutics, Inc. (OTC Bulletin Board: SRNE) and serves as a member of its board of directors. He was a practicing CPA with Arthur Andersen and holds a B.S. in accounting from Boston University and an M.B.A. from Boston College.

"I am really excited Steve has joined our team," said Brad Weinert, president and COO of Awarepoint. "Steve brings to Awarepoint a deep knowledge of financial matters and financial reporting.  We are confident his range of experience will be a significant contributor to our continued growth and in assuring Awarepoint maintains predictable, scalable and long-term sustainability."

Mojica joins Awarepoint as a 25 year Wall Street information technology executive leading product strategy, technical platform design and applications architecture.  Before Awarepoint, he served as Vice President of Product Management & Strategy at AXS-One, a subsidiary of Unify Corporation, a leader in industrial-strength archiving solutions for regulatory compliance and legal discovery. In this capacity, he developed many of the industry's premier solutions in use today by the world's largest corporations and which are recognized by leading analysts for enterprise-scale digital archiving for compliance and electronic discovery. He also worked closely with and advised the firm's major customers and strategic partners in their technological direction, product positioning and application use. Prior to AXS-One, he held a variety of key executive positions in the software, consulting, services and corporate sectors. He has worked at diverse Fortune 500 companies in information management capacities including Vice President of Research and Development for First Union National Bank Capital Markets (currently Wells Fargo), executive software company positions at Selectica Inc. and CreekPath Systems and executive IT management roles at prominent firms such as Nomura Securities, CS First Boston, Goldman Sachs and British Airways in New York City.

"We've worked with Peter for a few years now in his capacity as a member of Awarepoint's Corporate Advisory Board, and knew immediately he was the right fit for this position," said Matt Perkins, chief technology officer for Awarepoint.  "We have significant innovation mapped to accommodate our commitment to development of location awareness solutions that contribute to a broad and rich set of healthcare applications for both hospitals and our growing number of strategic partners.  With his background in both business and engineering roles, he will be key in championing product management at Awarepoint. "

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About Awarepoint Real Time Awareness Solutions®

Awarepoint solutions are used to map, monitor and measure the status and location of high-value resources (assets and people) in hospitals, and to provide critical data clinicians and healthcare administrators need to improve workflows and processes associated with these assets. Awarepoint delivers Real-time Location System (RTLS) solutions as managed services, a delivery model that has enabled the company to establish itself in the healthcare market by offering a highly attractive value proposition that focuses on low acquisition costs and rapid deployment. Awarepoint technologies and RTLS applications include its "plug and track" ZigBee wireless sensor network, firmware, active RFID tags, and searching, alerting and reporting software. The company is headquartered in San Diego, California and serves its hospital customers across the United States through a distribution agreement with Skytron. Track us down at http://www.awarepoint.com.

SOURCE Awarepoint Corporation



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