COMPUMED, INC. 5777 W. Century Blvd. Suite 360
Los Angeles, CA 90045
310-258-5000
COMPUMED ANNOUNCES BOARD CHANGES
LOS ANGELES, CA (October 30, 2014) - CompuMed, Inc. (OTCPink: CMPD), the leaders in providing enterprise telemedicine solutions, announced today that Board Members Mark Stolper and Maurizio Vecchione have resigned. Mr. Stolper and Mr. Vecchione served on the CompuMed Board for seven and two years respectively. David Pointer, an existing CompuMed Director, will replace Mark Stolper as Chairman. Additionally, Lee Keddie and Jeremy Weiner have been appointed to CompuMed's Board.
"We would like to thank Mr. Stolper and Mr. Vecchione for their service to the CompuMed Board of Directors. We are excited to welcome Mr. Keddie and Mr. Weiner to our Board. We believe we have terrific skills in place to guide CompuMed to its next phase of growth" said David Pointer, CompuMed's Chairman.
Lee Keddie brings engineering and executive experience to CompuMed, including expertise in developing scalable systems.
He was the President and General Manager of HKX Inc., where company revenues increased by eight times over his fourteen-year tenure. HKX provided hydraulic system kits within the construction equipment market and was sold to Diploma PLC. Mr. Keddie also spent eight years working as an Aerospace Engineer for a number of companies within the aeronautical field, including McDonnell Douglas and Boeing. He received a degree in Mechanical Engineering from the University of Waterloo.
David Pointer has been a board member since December of 2013. Mr. Pointer is the Managing Partner and Founder of VI Capital Management, LLC, a value investment fund. He also served as SVP at ICM Asset Management and as a Portfolio
Manager with AIM Investments. Mr. Pointer is a Chartered Financial Analyst (CFA), graduated from Central Washington
University and received his MBA from The Wharton School of Business.
Jeremy Weiner applies his entrepreneurial skill and passion towards building companies and working closely with fellow
entrepreneurs to create and build their companies. Mr. Weiner is the Founder and Chairman of Zim Squared, a youth marketing company specializing in implementing in-school marketing solutions. He also serves as an adviser to StartEngine.
Mr. Weiner founded Cover-It, which he subsequently sold to Primedia. Mr. Weiner also was the Founder of Media X, which
was sold to News Corporation. He graduated from Babson College.
About CompuMed, Inc.
CompuMed, Inc. (OTCPink: CMPD) Enterprise Telemedicine Solutions provide patients with the highest level of clinical care at reduced
costs. Its telecardiology and teleradiology offerings provide real-time access to U.S. Board-Certified specialists through cloud-based technology and integrated medical devices to medical facilities anywhere in the world. The company has been in business over 26 years and services over 1,000 clinical settings. CompuMed is headquartered in Los Angeles, CA. Visit CompuMed at www.compumedinc.com.
Forward-Looking StatementsStatements contained in this report, such as statements about revenue, operations, and earnings growth and other financial re sults are forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 . All such
forward-looking statements including statements concerning the Company's plans, objectives, expectations and intentions are based largely on management's expectations and are subject to and qualified by risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are subject to uncertainties and risks including, without limitation, product and service demand and acceptance, changes in technology, ability to raise capital, the availability of appropriate acquisition candidates and/or business partnerships, economic conditions, the impact of competition and pricing, capacity and supply
constraints or difficulties, government regulation and other risks identified in the Company's filings with the Securities and Exchange
Commission and OTC Pink operated by OTCMarkets. All such forward-looking statements are expressly qualified by these cautionary
statements. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statements to reflect events, conditions or circumstances on which any such statement is based after the date hereof, except as required by law.
CompuMed, Inc. Investor Relations: mailto:investorrelations@compumedinc.cominvestorrelations@compumedinc.com(310) 258-5000 xll7
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