oti (NASDAQ: OTIV) is a pioneer and leading developer of cutting-edge cashless payment solutions. For over two decades, weâ€™ve provided enterprises worldwide with innovative technology that creates new business models, grows revenues, streamlines processes, and creates measurable value for their end users.
Mr. Dimitrios Angelis has been a director since 2012 and in 2013 was appointed by the Companyâ€™s Board as the Chairman of the Board of Directors. Mr. Angelis has been the General Counsel of Wockhardt Inc., a biologics and pharmaceutical company (generics) since 2012. From 2008 to 2012, Mr. Angelis was a senior counsel in Dr. Reddyâ€™s Laboratories, Ltd., a publicly-traded pharmaceutical company, and during 2008 he was the Chief Legal Officer and Corporate Secretary of Osteotech, Inc., a publicly-traded medical device company, where he managed the patent portfolio (comprised of approximately 42 patents) before the companyâ€™s acquisition by Medtronic. Prior to that, Mr. Angelis worked in the pharmaceutical industry in various corporate, strategic and legal roles. In addition, he has also worked for McKinsey & Company, Merrill Lynch, and the Japanese Ministry of Education, Culture and Welfare. He began his legal career as a transactional associate with the New York office of the law firm Mayer Brown. Mr. Angelis holds a B.A. in Philosophy and English from Boston College (1992), a M.A. in Behavioral Science from California State University (1994) and a Juris Doctor from New York University School of Law (2001). Mr. Angelis is also on a local Board of Habitat for Humanity. Mr. Angelis has spoken at several legal conferences on topics including: Patent and Intellectual Property Due Diligence, Managing International Litigations, and the Effective Use of Outside Counsel.
Ms. Eileen Segall is the Founder and General Partner of Tildenrow Partners, LP, a private investment partnership, and managing member of Tildenrow Advisors, LLC, New York, New York, an investment advisory firm (2006 to present). Ms. Segall is a value investor with more than thirteen years of professional experience analyzing companies from a financial and corporate strategic perspective. Â Previously, Ms. Segall was an assistant Portfolio Manager and Director of Research at Nicusa Capital Partners, LP. Â Prior to portfolio management, Ms. Segall covered publicly traded equities in the Telecommunications Equipment industry as an equity Research Associate at Robertson Stephens, Inc. investment bank. Ms. Segall holds a B.S. in Materials Science and Engineering from the Massachusetts Institute of Technology (M.I.T.)
Mr. Charles Gillman is the head of the IDWR Multi-Family Office. The office employs a team of analysts with an expertise in finding publicly-traded companies that require operational enhancement and an improvement in corporate capital allocation. Mr. Gillmanâ€™s mandate is Constructive Value Creation. His team has had many years of experience working together to invest family-office capital into publicly-traded companies. Â Often these investments have come alongside changes in the Board of Directors of the publicly-traded companies. His organization evolved from experience in the 1990â€™s designing operational turnarounds of US and International companies while at McKinsey and Company. Â Mr. Gillmanâ€™s clients at McKinsey benefitted from specific measures taken to improve working-capital turnover and grow those operating units that had the highest return on invested capital while shrinking those operating units that had negative returns on invested capital. 13D Groups formed by Mr. Gillman often constitute the largest or second largest shareholder in the companies that he invests in. Â His enhancements to Boards of Directors generally are endorsed by multiple proxy advisory services. Mr. Gillman is a Summa Cum Laude graduate of the Wharton School and a Director of the Penn Club of New York which serves as the Manhattan home of the Wharton and Penn alumni community. Mr. Gillman has a particular expertise in the maximization of the value of patents and intellectual property.
Appointed to oti board of directors in 2012, Mr. Dilip Singh has 40 years of operational executive management and board experience with global Fortune 500 telecom carriers, entrepreneurial start-ups and early stage telecom software companies, network equipment providers and a venture capital firm.
Mr. Singh is the CEO and President and a director of InfuSystem Holdings Inc., a healthcare service company, and director of Concurrent Computer Corporation, a video solutions and real-time products company. Previously, Mr. Singh was the CEO and a director of MRV Communications, communication equipment and Services Company, and CEO of Telia-Sonera Spice Nepal, a large Asian mobile operator. Previously, he was President and Chief Executive Officer of Telenity, Inc., a convergence applications, service delivery platform and value added services telecom Software Company, and president of NewNet, a telecom infrastructure software startup, which was acquired by ADC Telecommunications Inc. where he was the president of ADCâ€™s software systems division. Before this, Mr. Singh was Executive Chairman of IntelliNet, an entrepreneur in residence with MC Venture Partners, and an executive director at Sprint Corporation, where he directed strategic planning and development of intelligent network infrastructure services. Prior to Sprint, he co-founded United Database Corporation, a start-up that led the introduction of yellow pages in three major metropolitan cities in India. Mr. Singh began his career as an executive telecommunication consultant with Alcatal-Lucent switching systems division in the United States, England, Germany and Italy for over 10 years.
Mr. Singh earned a Masterâ€™s Degree in Electronics and Electrical Communication Engineering from the Indian Institute of Technology and a Masterâ€™s of Science in Physics from the University of Jodhpur.
Mr. Richard Coleman was appointed to the oti board of directors in 2012. He brings to the board almost 40 yearsâ€™ executive leadership and operations experience in the high tech sector. As a private investor and advisor, Mr. Coleman helps companies develop and execute strategic changes, often serving as an interim executive and/or board member. His clients have ranged from Fortune 500 companies to first phase start-ups.
Previously he was CEO of Vroom Technologies, a Customer Relationship Management (CRM) software company and Chief Operating Officer of Canadian telecom start-up, MetroNet Communications, where he led the company through its nationwide expansion and Initial Public Offering (IPO). Mr. Coleman previously was President of US Westâ€™s Long Distance Division and held senior executive positions with Frontier Telecommunications and Centex Telemanagement. From 1983 to 1992, Mr. Coleman held multiple positions with Sprint Corporation, culminating in his appointment to lead the companyâ€™s Technology Management Division. Mr. Coleman began his career as an Air Force Telecommunications Officer managing Department of Defense R & D projects. He has served as an Adjunct Professor for Regis Universityâ€™s Graduate Management program and is a guest lecturer for Denver University, focusing on leadership and ethics.
Mr. Coleman has significant board level experience, having served on a number of private, public, and non-profit boards. He is currently on the Board of NTS Inc., a publicly-traded telecommunications company, and is Chairman of the Technology Strategy Committee.
Mr. Coleman holds a B. S. Degree from the United States Air Force Academy, an M.B.A. from Golden Gate University, and is a graduate of the United States Air Force Communications Systems Officer School.
Since 2004, Mr. Mark Stolper has been the Executive Vice President and Chief Financial Officer of RadNet, Inc. (NASDAQ: RDNT). With over 230 facilities, over $650 million of annual revenue and 6,300 employees, RadNet is the largest owner and operator of freestanding medical diagnostic imaging centers in the United States. At RadNet, Mr. Stolper is responsible for all accounting, finance, reimbursement operations, investor relations, treasury and related financial functions.
Prior to joining RadNet, Mr. Stolper had diverse experiences in investment banking, private equity, venture capital investing and operations. Mr. Stolper began his career as a member of the corporate finance group at Dillon, Read and Co., Inc., executing mergers and acquisitions, public and private financings and private equity investments with Saratoga Partners LLP, an affiliated principal investment group of Dillon Read. After Dillon Read, Mr. Stolper joined Archon Capital Partners, which made private equity investments in media and entertainment companies. Mr. Stolper also worked for Eastman Kodak, where he was responsible for business development for Kodak’s Entertainment Imaging subsidiary ($1.5 billion in sales). Mr. Stolper was also co-founder of Broadstream Capital Partners, a Los Angeles-based investment banking firm focused on advising middle market companies engaged in financing and merger and acquisition transactions.
Mr. Stolper graduated Magna Cum Laude with a liberal arts degree from the University of Pennsylvania and a finance degree from the Wharton School. Mr. Stolper also has a postgraduate Award in Accounting from UCLA.
Mr. John Knapp has been the President and principal shareholder of Andover Group, Inc. since 1978. Andoverâ€™s two main business lines are real estate development and investment management. In October 2005, Mr. Knapp became CEO of ICO, Inc (NASDAQ: ICOC) and held that position, as well as a Directorship, until April 2010, when ICO was acquired by A. Schulman, Inc. (NASDAQ: SHLM). During Mr. Knapp’s tenure as CEO of ICO, the firm grew annual revenues from $250 million to over $400 million and the stock price rose from approximately $2.50 per share to over $8 per share.
Mr. Knapp, through Andover Group, Inc., was a partner in San Juan Partners, LLC which in 1998 acquired Burlington Resources Coal Seam Royalty Trust (NYSE: BRU) for $100 million, the assets of which were subsequently sold at a significant premium. Mr. Knapp was also on the board of VSI enterprises (NASDAQ: VSIN) in the 1990s and during his tenure as a board member the stock price rose from $0.56 per share to over $5 per share.
Mr. Knapp is a CFA and is a partner of CCM Opportunistic Partners, an investment fund that invests with emerging managers. Mr. Knapp has served as a trustee of Annunciation Orthodox School in Houston, and is currently a trustee of the Armand Bayou Nature Center. Mr. Knapp is an honors graduate of Williams College (1973).
Jerry L. Ivy, Jr., joined OTI’s Board of Directors in December 2013. Mr. Ivy brings 30 years of experience as a business owner, private investor, and entrepreneur.Â Mr. Ivy has been active in diverse industries ranging from the manufacture and nationwide distribution of such personal items as cosmetics and beauty products to such commercial items as restaurant equipment and chemicals. Mr. Ivy has also actively traded commercial, agricultural, and residential real estate throughout the western United States over the past three decades.
Mr. Ivy has made significant investments in the software and technology industry, and is currently the single largest individual shareholder of OTI’s stock.Â Mr. Ivy has taken similarly large stakes in other small cap companies.