Optio Labs Names Mobile Industry Veteran Gregg Smith as Chief Executive Officer
December 02 2014 - 8:00AM
Business Wire
Optio Labs, a developer of technology products that make mobile
applications faster, smarter, safer and more secure, today named
Gregg Smith, the former Chief Executive Officer of KoolSpan Inc.
and Acuity Mobile Inc., as its new CEO.
The hiring of Smith adds almost three decades of technology and
business leadership expertise in mobile security solutions to the
team at Optio Labs, which was founded on the groundbreaking mobile
and embedded technology strategies developed by Drs. Brian
Dougherty, Jules White and Charles Clancy.
Having overseen seven successful corporate exits during his
career, Smith understands how to guide companies through critical
stages of commercial and product development and generate mobile
enterprise solutions. The security and control features available
through Optio Labs’ “Core” product suite provides a platform from
which Smith will expand the company’s range of partnerships – from
device manufacturers seeking innovative embedded security systems
to organizations and wireless carriers aiming to enhance their
ability to manage the sharing of mission-critical data.
“The Optio team offers some of the most creative minds in the
mobile and security industry. This provides us with a unique
opportunity to continue to pioneer and expand our product portfolio
for customers, and help them better manage the rising number of
security threats that are accompanying the accelerated growth in
the mobile industry,” said Smith.
Smith most recently led a rapid-growth strategy at KoolSpan –
which is now a global leader in Secure Voice and Text messaging
encryption solutions. Smith also served as CEO of Acuity Mobile,
which was acquired by NAVTEQ, a division of Nokia. A graduate of
St. Mary’s College of Maryland, Smith was also Senior Vice
President at TeleCommunication Systems Inc. (NASDAQ: TSYS) and
President of Aether Systems Inc. (NASDAQ: AETH).
Smith will be splitting his time between Optio Labs headquarters
in Maryland and Nashville, Tennessee, where the company’s
development team and two of its co-founders are located. The
company plans to double the size of the Nashville team, which
recently launched a new application to showcase their technology
features: kodomo (www.kodomozone.com). kodomo utilizes elements of
the Optio Labs “Core” product suite to offer parents a powerful new
way to understand and intelligently manage a family’s mobile
world.
More information about Optio Labs can be found at
www.optiolabs.com. The company is a subsidiary of Allied Minds
(LSE: ALM).
About Optio LabsOptio Labs creates, optimizes and
productizes transformational security and productivity technologies
for the mobile enterprise and embedded systems. Founded in 2012,
Optio Labs was formed around technologies originating from Virginia
Tech scientists, Dr. Charles Clancy, Dr. Jules White and Dr. Brian
Dougherty. With offices in Nashville, Tennessee, and Washington,
D.C., Optio Labs customers include federal agencies, commercial
enterprises, and device manufacturers. More information can be
found at www.optiolabs.com.
About Allied MindsAllied Minds (LSE: ALM) is an
innovative U.S. science and technology development and
commercialization company. Operating since 2006, Allied Minds
forms, funds, manages and builds products and businesses based on
innovative technologies developed at leading U.S. universities and
federal research institutions. Allied Minds serves as a diversified
holding company that supports its businesses and product
development with capital, central management and shared services.
More information about the Boston-based company can be found at
www.alliedminds.com.
Allied Minds Forward-Looking StatementThis press release
contains statements that are or may be forward-looking statements,
including statements that relate to the company’s future prospects,
developments and strategies. The forward-looking statements are
based on current expectations and are subject to known and unknown
risks and uncertainties that could cause actual results,
performance and achievements to differ materially from current
expectations, including, but not limited to, those risk and
uncertainties described in the risk factors included in the
company’s regulatory filings. These forward-looking statements are
based on assumptions regarding the present and future business
strategies of the company and the environment in which it will
operate in the future. Each forward-looking statement speaks only
as at the date of this press release. Except as required by law,
regulatory requirement, the Listing Rules and the Disclosure and
Transparency Rules, neither the company nor any other party intends
to update or revise these forward-looking statements, whether as a
result of new information, future events or otherwise.
ArcPoint Strategic CommunicationsChristine Dunn, 617-484-1660,
x101cdunn@arcpointstrategy.com
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