Integral Systems
Appoints John B. Higginbotham To Chief Executive Officer
(9 July 2008) Integral Systems, Inc.
today announced that John B. Higginbotham has assumed the role of Chief
Executive Officer and joined the Board of Directors effective immediately as
the company completed its planned transition of Interim CEO Alan Baldwin to his
prior role on the Board of Directors.
Higginbotham, who founded
SpaceVest Capital (now RedShift Ventures), a recognised private equity firm for
the space industry, will benefit from the success that Baldwin achieved in
re-establishing the Company as a premier provider of satellite ground systems
solutions to both the commercial and government sectors. "We are most
appreciative of the significant impact Alan has had on the company during his
tenure as interim CEO," said John M. Albertine, Chairman of the Board. "Over
the past year, we have increased shareholder value and market capitalisation
substantially. We are very pleased with the Company's performance to-date and
know that John will continue this momentum. Over the past year, Baldwin hired
several key executive leaders and established processes and controls to support
the Company's growth strategy and business plan. He was instrumental in further
integrating Integral's subsidiary companies, enabling the Company to capitalise
on the synergies that enhance its ability to succeed in a very competitive
market space.
"Integral Systems is well-known in the industry for its
innovative command and control software solutions to the commercial and
government markets," said Higginbotham. "Alan and the executive management team
have done a tremendous job in reinvigorating the company and taking advantage
of the opportunities to expand its services and market penetration. I look
forward to working with this team as we take Integral to the next level of
growth."
Higginbotham currently serves on the board of directors of
ProtoStar, Ltd. He was formerly a director of Analytical Graphics, Inc.,
Novariant, Inc., and Imaginova, Inc. Prior to SpaceVest, Higginbotham was a
co-founder of Intec (now AXASpace), a leading global space and
telecommunications insurance underwriting management firm. He is a former
Chairman and Director Emeritus of the Space Foundation, and maintains
affiliations with several other industry associations.
About Integral
Systems
Founded in 1982, Integral Systems is a leading provider of
satellite ground systems and has supported more than 205 different satellite
missions for communications, science, meteorological, and earth resource
applications. Integral Systems was the first company to offer an integrated
suite of COTS (Commercial-Off-the-Shelf) software products for satellite
command and control: the EPOCH IPS (Integrated Product Suite) product line.
EPOCH IPS has become the world market leader in commercial applications with
successful installations on five continents.
Through its wholly-owned
subsidiary, SAT Corporation, Integral Systems provides satellite and
terrestrial communications signal monitoring systems to satellite operators and
users throughout the world. Through its Newpoint Technologies, Inc.,
subsidiary, Integral Systems also provides software for equipment monitoring
and control to satellite operators, broadcasters, and telecommunications firms.
Integral Systems' RT Logic subsidiary builds telemetry processing systems for
military applications, including tracking stations, control centres, and range
operations. Integral Systems' Lumistar, Inc., subsidiary provides system- and
board-level telemetry acquisition products. Integral Systems has approximately
500 employees working at its headquarters in Lanham, MD, and at other locations
in the U.S. and Europe.
(source: Integral Systems)
