IdentiSys Appoints Chief Financial Officer Tony J. Dick, Former Fargo Electronics, Inc. Executive, Assumes CFO Role
Press release from the issuing company
Eden Prairie, MN --September 17, 2007 -- IdentiSys, Inc., North America's largest sales and service integrator of identification, tracking and security products, today named Tony J. Dick as its new chief financial officer. Dick will be a key member of IdentiSys' executive team, reporting to IdentiSys president and chief operating officer, Debra R. Ferril.
Most recently, Mr. Dick was vice president of finance at Fargo Electronics, Inc., a company he joined in January 1997. At Fargo, he helped lead the company through many initiatives, including an initial public offering, a secondary public offering, Sarbanes-Oxley compliance, an ERP system conversion and integration of financial systems and processes with Assa Abloy/HID after Fargo's acquisition by Assa Abloy in August of 2006. Prior to joining Fargo, Mr. Dick worked for the accounting firm Larson, Allen, Weishair, LLP. He received his B.S. in Accounting from the University of Minnesota, Duluth, and Executive MBA from the University of Minnesota. Mr. Dick is a member of the Minnesota Society of Certified Public Accountants and the American Institute of Certified Public Accountants.
"We are extremely pleased to welcome Tony to IdentiSys' management team. He brings a broad base of financial experience and strong operations expertise to IdentiSys," said Ms. Ferril. "During the past few years, IdentiSys has acquired three companies, expanded our existing business, and greatly increased our product line offerings. I am confident he can build upon our existing infrastructure to accommodate our continued growth plans, integrate our financial systems, and fine-tune our processes while maintaining our fiscal conservatism."
The chief financial officer position is newly created at IdentiSys, according to IdentiSys chairman and chief executive officer Michael R. Shields. "Our intense expansion, including recent acquisitions 4Site Systems, Inc. and Gebco of Hawaii, Inc., and aggressive growth goals require a seasoned professional familiar with our industry," stated Mr. Shields. "We are very fortunate that Tony is joining us at such an exciting time for our company."
Founded in 1999, IdentiSys Inc. offers complete identification solutions, including most applications that utilize a plastic ID card or badge, metal tag, biometric or other form of ID. The Eden Prairie, Minnesota company is the largest supplier of identification solutions to end users in North America, representing over sixty identification and security suppliers and providing superior service and support to thousands of customers in corporate, education, healthcare, government and many other markets. (www.identisys.com)
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