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News

New board chairman at Intellicheck Mobilisa

Intellicheck Mobilisa : 22 October, 2008  (Company News)
Business transformation expert nominated as new chairman of the board at Intellicheck Mobilisa
IntelliCheck Mobilisa's Directors have unanimously elected John Paxton as board chairman during a recent and regularly scheduled board meeting. Paxton follows the tenure of Jeffrey Levy, who has been a member of the IDN board of directors for over eight years, and successfully managed the merger of Intelli-Check and Mobilisa.

Paxton, who has earned the title of "Turnaround King" throughout his career, has successfully transformed struggling companies into money makers. As President of Zebra Technologies (2002-2004), he transformed earnings to more than $82 million. As CEO of Telxon Corporation (1999), Paxton increased shareholders value by 300%. While CEO and chairman of Intermec (1986-1991), he grew revenue from $45 million to $300 million. During his tenure, Forbes magazine listed Intermec as one of "The 200 Best Managed Companies in America."

Paxton joined the board of Mobilisa in 2003 and served as Mobilisa's chairman since 2004. Paxton was previously vice chairman of the board of Intellicheck Mobilisa. Paxton brings 30 years of senior management experience in wireless voice and data, packaging, aerospace, logistics, and manufacturing.

Paxton is currently chairman and former CEO of ProMach, a leading provider of integrated packaging products and solutions, and also serves as a director to Force Protection.

In addition to Paxton's corporate experience, he brings to Intellicheck Mobilisa, venture capital experience as the chairman of Odyssey Industrial Technologies and a joint venture partnership with Odyssey Investment Partners. Paxton has a Master of Science degree in business management from LaSalle University, is a registered Professional Engineer and is a fellow of Seattle Pacific University.

During its meeting, the Board thanked Levy for his leadership, and his continued support and guidance of the Company. Levy served as interim chairman and CEO after the untimely death of Intelli-Check's former CEO in June 2007, and has served as chair of the governance and nominating, compensation, and technology oversight committees. Levy remains an important member of the board, and will become the chair of the board's governance committee. "We truly appreciate all of Jeff Levy's hard work and dedication to Intellicheck Mobilisa," cited Nelson Ludlow, CEO.

Also serving as directors on IDN's board are Dr Nelson Ludlow; Lieutenant General Emil Bedard, USMC Ret; Mr John Maxwell; the Honorable Arthur Money; Mr Guy Smith and Ms Bonnie Ludlow.

Intellicheck Mobilisa expects a profitable third quarter, and will announce its formal earnings on November 7, 2008.
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