Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Raydiance Names Mel Engle as Chief Executive Officer; Barry Schuler to Become Executive Chairman

Mel Engle, newly appointed Chief Executive Officer of Raydiance, Inc. (Photo: Business Wire)
Mel Engle, newly appointed Chief Executive Officer of Raydiance, Inc. (Photo: Business Wire)

Abstract:
Engle Brings Extensive Operating Experience and Successful Track Record to Spearhead New Phase of Raydiance Growth

Raydiance Names Mel Engle as Chief Executive Officer; Barry Schuler to Become Executive Chairman

PETALUMA, CA | Posted on May 14th, 2008

Raydiance, Inc., developer of the world's first compact, cost-effective and fully software-controlled ultrashort pulse (USP) laser system, today announced that industry veteran Mel Engle has been named Chief Executive Officer, effective May 5, 2008. Engle will succeed Company founder Barry Schuler, who will become Executive Chairman of the Board.

Prior to joining Raydiance, Engle was President and CEO of the Merck KGaA subsidiary Dey LP, a Napa-based specialty pharmaceutical company focused on the development and commercialization of products for respiratory, allergy and other breathing disorders. Engle was instrumental in transforming Dey's business strategy from the development of commodity generics into branded products, which resulted in five consecutive years of growth with an increase in sales from $250 million in 2002 to over $600 million in 2007.

Raydiance Positioned for Rapid Growth

"After four successful years of developing our USP laser platform, bringing the technology to market and establishing a solid client base, we are very excited that Mel is joining Raydiance to lead us through our next phase of growth," said Mr. Schuler. "Mel is a consummate operating executive with a very strong track record of rapidly scaling up new companies. His experience will be instrumental in growing our infrastructure, supporting more product development and expanding our customer and employee base. I am delighted to be teaming with Mel and look forward to a successful future working together."

"Raydiance not only has developed a truly revolutionary technology platform that promises to disrupt countless industries, but also is experiencing a very exciting and substantive period of growth," said Mr. Engle. "Given the intense interest in Raydiance's USP laser platform and the Company's rapid expansion over the past year, I'm highly confident in our prospects for continued growth and success in the coming years. I look forward to working with Raydiance's impressive leadership team, board of directors and talented employees to continue Barry's vision of bringing the world into the light age."

Since launching its first product last year, the company's easy-to-use USP platform has spurred an explosion of applications research and development. Raydiance Discovery™ systems are now in use across the U.S., in Europe and Japan. This includes the FDA, which is testing the Raydiance laser platform in efforts to destroy malignant cancer cells, and commercial partners that are developing new applications for dermatology, ophthalmology and alternative energy sources.

Raydiance also recently helped establish an economic development initiative in New Mexico sponsored by Governor Bill Richardson and the state's legislature. Several projects are currently underway at the state's research universities and the national labs to develop promising, high-growth ideas and applications based on the unique properties of Raydiance lasers that can be commercialized within New Mexico.

Engle Brings Strong Operating Experience

Simultaneous to serving as CEO of Dey LP, Engle was also Regional Director, North America for Merck Generics Group from 2006-2007. In this position, he was responsible for all of Merck Generic's North American businesses, including Dey LP, Genpharm, Inc. (Canada) and Genpharm, LP (US). He was responsible for sales in excess of $800 million and managed over 1200 employees. Additionally, Engle was a key member of the Merck Generics Executive Management Committee (EMC), where he shared worldwide responsibility for running this $2.5 billion division of Merck KGaA.

From 1980-1994, Engle was a senior executive with Allergan, Inc. where he held positions of CFO, Managing Director and Senior VP for Latin America/Canada and, later, US Sales. In 2007, Engle was named "Citizen of the Year" by the Napa Chamber of Commerce and the State of California.

####

About Raydiance, Inc.
Raydiance is a next-generation laser company that has integrated photonic, computing, and software technologies to create the world’s first broadly enabling laser platform.

Raydiance’s breakthrough technology brings “intelligent” control and small form factor to ultrashort pulse (USP) laser light—extremely brief and powerful light pulses capable of precisely vaporizing virtually any material without generating heat. By coupling software control and miniaturized hardware with its technology-as-a-service subscription model, Raydiance has made USP technology affordable, practical and easy to use for the development of revolutionary new applications spanning multiple industries.

Under the guidance of Raydiance founder Barry Schuler, former AOL Chairman and CEO, Raydiance has emerged as a fast-growth company and has taken an industry lead in building volume commercialization of this transformative technology. The Raydiance vision has been validated in the marketplace by early adopters across several application sectors, including cancer treatment, next-generation surgery, gene therapy, cosmetic applications, high value materials processing, nanotechnology, bioengineering, defense/security, and more.

For more information, please click here

Contacts:
Media:
Robinson Lerer & Montgomery
Daniel Miles Delson
646-805-2036

or
Ashley Carlton
646-805-2087

Copyright © Business Wire 2008

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

'Exotic' material is like a switch when super thin April 18th, 2014

Innovative strategy to facilitate organ repair April 18th, 2014

Oxford Instruments Asylum Research Introduces the MFP-3D InfinityTM AFM Featuring Powerful New Capabilities and Stunning High Performance April 18th, 2014

Conductive Inks: booming to $2.8 billion by 2024 April 17th, 2014

Announcements

'Exotic' material is like a switch when super thin April 18th, 2014

Innovative strategy to facilitate organ repair April 18th, 2014

Oxford Instruments Asylum Research Introduces the MFP-3D InfinityTM AFM Featuring Powerful New Capabilities and Stunning High Performance April 18th, 2014

Transparent Conductive Films and Sensors Are Hot Segments in Printed Electronics: Start-ups in these fields show above-average momentum, while companies working on emissive displays such as OLED are fading, Lux Research says April 17th, 2014

Appointments/Promotions/New hires/Resignations/Deaths

Nanobiotix Appoints Thierry Otin as Head of Manufacturing and Supply April 15th, 2014

Industry Veteran Fergus Clarke Joins Picodeon as CEO: Appointment comes as Picodeon prepares for growth April 8th, 2014

Peter B. Littlewood appointed Director of Argonne National Laboratory March 26th, 2014

Global 450 consortium announces new general manager of internal operations: TSMC’s Cheng-Chung Chien Receives Unanimous Support, Brings History of Innovation and Efficiency to Global Consortium of Companies Driving Industry Transition to 450mm Wafer Technology March 26th, 2014

Photonics/Optics/Lasers

High-temperature plasmonics eyed for solar, computer innovation April 17th, 2014

Scientists Capture Ultrafast Snapshots of Light-Driven Superconductivity: X-rays reveal how rapidly vanishing 'charge stripes' may be behind laser-induced high-temperature superconductivity April 16th, 2014

Lumerical files a provisional patent that extends the standard eigenmode expansion propagation technique to better address waveguide component design. Lumerical’s EME propagation tool will address a wide set of waveguide applications in silicon photonics and integrated optics April 16th, 2014

Near-field Nanophotonics Workshop in Boston April 14th, 2014

NanoNews-Digest
The latest news from around the world, FREE







  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE