| [February 13, 2012] |
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M*Modal Hires 30-Year IT Veteran as Chief Marketing Officer
FRANKLIN, Tenn. --(Business Wire)--
MModal Inc.(NASDAQ/GS: MODL), a leading provider of clinical narrative
capture services, Speech Understanding™ technology and clinical
documentation workflow, today announced that Randy Drawas has joined
M*Modal as Chief Marketing Officer, a new position at the Company.
Mr. Drawas comes to M*Modal with more than 30 years marketing experience
in the IT industry and will oversee the strategic market development of
the M*Modal brand and its family of solutions. In his previous role, Mr.
Drawas created and managed both the Corporate and Consumer marketing
operations for North America, Latin America and Western Europe, along
with the expansion of Global Marketing Services for Moscow-based IT
security giant Kaspersky Lab (News - Alert), which today manages the Internet security
for 300 million users around the world. In the process, he founded and
helped drive the exponential growth of Kaspersky's North American
e-commerce business.
"Randy brings substantial global marketing experience to our team at a
pivotal point for M*Modal. We are working to build on our core services
and industry-leading technology innovations to expand our focus in
under-served healthcare markets and enhance our partnerships within the
healthcare ecosystem. As our marketing strategy architect, Randy will
work to create greater awareness of M*Modal and help us position the
company for a successful pivot from a services-focused business to a
provider of technology-enabled services and commercialized proprietary
technology solutions," noted Vern Davenport, Chairman and CEO of M*Modal.
"Timing is everything," added Drawas. "With the newly foged combination
of companies, technologies and services that now comprise M*Modal,
success will come from the quality of our solutions we deliver and the
power of the brand we create. It's hard to imagine a better time to be
joining such a world-class team in helping to positively change our
world."
Mr. Drawas is an alumnus of Rochester Institute of Technology (News - Alert).
About M*Modal
M*Modal (NASDAQ/GS: MODL) is a leading provider of clinical narrative
capture services, Speech Understanding™ technology and clinical
documentation workflow. M*Modal's enterprise solutions - including
mobile voice capture devices, speech recognition, Natural Language
Understanding, Web-based workflow platforms and global network of
medical editors - help healthcare facilities facilitate adoption of
electronic health records (EHR), transition to ICD-10, improve patient
care, increase physician satisfaction and lower operational costs. For
more information, please visit www.mmodal.com,
Twitter, Facebook and YouTube (News - Alert).
Forward-Looking Statements
Information provided and statements contained in this press release
that are not purely historical, such as statements regarding our
expectations regarding our future business plans are forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, Section 21E of the Securities Exchange Act of 1934 and the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements only speak as of the date of this press release and the
Company assumes no obligation to update the information included in this
press release. Statements made in this press release that are
forward-looking in nature may involve risks and uncertainties.
Accordingly, readers are cautioned that any such forward-looking
statements are not guarantees of future performance and are subject to
certain risks, uncertainties and assumptions that are difficult to
predict, including, without limitation, specific factors discussed
herein and in other releases and public filings made by the Company
(including filings by the Company with the Securities and Exchange
Commission). Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable as of the
date made, expectations may prove to have been materially different from
the results expressed or implied by such forward-looking statements.
Unless otherwise required by law, the Company also disclaims any
obligation to update its view of any such risks or uncertainties or to
announce publicly the result of any revisions to the forward-looking
statements made in this press release.
MULTIMEDIA AVAILABLE: Randy
Drawas
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