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NewsBreak

Celeritive Appoints Hornaday, Lynott to Board of Directors

CAVE CREEK, AZ, Mar 12, 2009 - Celeritive Technologies, Inc., a developer of innovative technologies that increase machine shop productivity, announced today that it has appointed Tom Hornaday, Principal of Hornaday Development LLC, and Larry Lynott, founder of Genesis Private Equity, to its Board of Directors. Both are members of the Arizona Technology Investor Forum (ATIF), an investment group sponsored by Arizona State University in Tempe, Arizona.

"We are pleased and honored to have Tom and Larry join our Board," said Glenn Coleman, Chairman of the Board of Celeritive. "Their vision and extensive management experience will be tremendous assets to us as we continue to grow through 2009 and beyond.”

Lynott, a serial entrepreneur, has extensive experience in start-ups and turnarounds, and raising capital for emerging growth ventures, including high growth software and technology companies. Larry is a member of the ATIF Steering and Selection Committee. Mr. Hornaday, a graduate of the University of California at Berkeley, is the President of Hornaday Development LLC, a leading developer of commercial real estate in the Phoenix area. He is also well-known for his devotion to philanthropic work, particularly cancer research. As part of this effort, Tom recently funded the development of the 110,000 square-foot Mayo Clinic Collaborative Research Building in Scottsdale, Arizona.

About Celeritive Technologies, Inc.

Celeritive, a leading developer of advanced technologies that enable maximum productivity from existing machining hardware, is the creator of VoluMill, the patent-pending toolpath engine that integrates with the industry's leading CAM systems, including GibbsCAM and Mastercam. Located in Cave Creek, Arizona, Celeritive Technologies was founded by leaders in the manufacturing industry, including machinists, developers, and executives.

For more information, visit http://www.celeritive.com. or http://www.volumill.com.

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See Also

Celeritive website
CAM Products and Companies - list by TenLinks.com

Additional News

Jan 29 - Celeritive Technologies Ships VoluMill Universal for CAM
Nov 24 - Celeritive VoluMill to Integrate with SigmaNEST V10
Oct 23 - Celeritive VoluMill Passes 1000 License Milestone
Sep 29 - Celeretive Signs Gibbs to Sell VoluMill
Aug 28 - Celeritive Releases VoluMill 3.0 for 2, 3 Axis CAM
Mar 12 - Celeritive Appoints Hornaday, Lynott to Board of Directors

Source: Material used in press releases is often supplied by external sources and used as is.

 
  



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