Message #8 From:
NewsBot Date: October 3, 2005 02:00:00 AM
BGAT News Bluegate Selects Steven Plumb as CFO
HOUSTON--(BUSINESS WIRE)--Oct. 3, 2005--Bluegate Corp. (OTCBB:BGAT), a provider of healthcare IT outsourcing and managed security solutions, has selected Steven Plumb as its new CFO, effective immediately. Greg Micek, is relinquishing his role as CFO to work with Bluegate in a consulting capacity as Director of Corporate Development assigned to specific projects.
"Steven will help strengthen and enhance our management team to build upon the solid foundation which Greg has laid," said William Koehler, Bluegate President and Chief Operating Officer. "Steven's experience as the former CFO of a growing, publicly-traded company, coupled with his deep software experience, provides him with a unique knowledge and insight that will be extremely valuable to Bluegate as we grow the company. We are fortunate to have Greg's ongoing assistance to ensure a seamless transition of the CFO role and access to him as a trusted, knowledgeable resource for the company.
"The transition of CFOs was an anticipated move since the beginning of my tenure, as we planned to utilize my expertise to build momentum for Bluegate, including establishing relationships with an investment banking firm and an investor relations firm, securing additional operating capital and overseeing the acquisition of Trilliant," said Greg Micek. "With these objectives accomplished, we look to Steven, whose CFO and public company reporting experience is ideally suited to build upon the initial momentum and take Bluegate to the next level."
Mr. Plumb brings to Bluegate more than 25 years of financial management and senior executive experience with companies ranging from IT, biotech, Fortune 500, medical, real estate, distribution, government and utility organizations, as well as four years with KPMG as a supervising senior accountant. Most recently he was President of Clear Financial Solutions, Inc. Previously, as CFO at ADVENTRIX Pharmaceuticals, Inc, Plumb successfully raised $20 million in capital in 18 months and managed the process for the company to become listed on the American Stock Exchange. Plumb also previously was the CFO of DePelchin Children's Center and controller of Memorial Hermann Rehabilitation Hospital. Leveraging his extensive experience with public companies, Plumb co-developed a reporting and monitoring tool for use by public companies to comply with Section 404 of the Sarbanes-Oxley Act of 2002. He also built and ran a successful multi-faceted software consulting practice for nine years that increased revenues more than 400% over four years.
About Bluegate
Bluegate Corp. provides IT outsourcing and managed security solutions for the healthcare industry to enable secure, HIPAA-compliant data communication between hospitals, medical facilities and physician practices - ultimately enhancing patient care. Bluegate also provides affordable access to compatible medical-focused content and applications over the infrastructure to improve practice efficiency and service. Bluegate extends IT best practices to the edge of the healthcare network ensuring every physician and facility they touch is as secure as the hospital itself. Bluegate is publicly traded on the over the counter bulletin board under the ticker BGAT. For information, visit www.bluegate.com or call 713-686-1100.
Safe Harbor
This press release may contain "forward-looking statements." All statements, other than statements of fact, included in this release and without limitation statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements.
