LaunchPoint Appoints New Chief Financial Officer

Finance veteran Ronald Webster named as first CFO

ROLLING MEADOWS, IL (September 15, 2011) – LaunchPoint, a provider of information-driven business solutions and services for healthcare enterprises, today named Ronald Webster as the Company’s first Chief Financial Officer.  Mr. Webster brings decades of extensive financial leadership that includes developing, financing and operating high growth companies, from startups to multi-billion dollar organizations, in the technology, telecom, internet and financial services industries.

“Ron has an impressive history of helping companies like us reach their growth potential at any stage of maturity.  His strong finance and operations track record and hands-on style will help build immediate value for LaunchPoint,” said Terrence Ryan, LaunchPoint CEO.  “Ron believes in the cloud computing space and shares our vision – to help companies realize the potential of their information through SaaS business solutions. To attract his level of talent is a big win.”

Throughout his career, Mr. Webster has led the financial strategy, capital funding, compliance, mergers and acquisitions, and related activities for numerous companies.  In addition, Mr. Webster has raised over $2 billion of equity and debt capital (including three IPOs and one initial high yield securities offering) through public, private and vendor markets.

Most recently, Mr. Webster served as a Partner at Tatum, LLC, a leading executive services firm, where he served as interim CFO for companies with annual revenues ranging from $150 million to $350 million. Previously, Mr. Webster was Executive Vice President and Chief Financial Officer for NuVox Communications; Executive Vice President and Chief Financial Officer, o2wireless Solutions; Senior Vice President, Central Region, RCN Corporation; Executive Vice President and Chief Financial Officer, 21st Century Telecom Group; and Vice President and Corporate Treasurer, Telephone and Data Systems.  Mr. Webster also worked at Trans Union Corporation and Arthur Andersen.

As CFO for LaunchPoint, Mr. Webster will oversee all aspects of financial management and business administration for the Company and its two divisions: Ajilitee, a provider of business intelligence, information management, agile analytics and cloud enablement services and solutions; and Discovery Health Partners, a provider of intelligent healthcare cost management solutions.  As a member of the executive team, Mr. Webster will play a key role in strategic corporate planning.

Mr. Webster earned a Master of Business Administration in Finance and International Business from the University of Chicago, and a Bachelor of Science in Business Administration and Accounting from the University of Illinois. He is a member of the AICPA and the Illinois CPA Society.

About LaunchPoint

LaunchPoint is a provider of information-centric enterprise services and solutions for healthcare organizations.  Corporate divisions Ajilitee and Discovery Health Partners deliver highly flexible, scalable and cost-efficient solutions that enable customers to innovate with information and advance their competitive position.  More information is available at www.launchpointcorporation.com, www.ajilitee.com and www.discoveryhealthpartners.com.

Media contact: Michelle Smyth,  773.972.2285, msmyth@launchpointcorporation.com

 

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