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This profile was last updated on 7/12/11  and contains information from public web pages and contributions from the ZoomInfo community.

Dr. Budimir S. Drakulic

Wrong Dr. Budimir S. Drakulic?

Employment History


  • Ph.D.
  • PhD
84 Total References
Web References
Employee Reviews | Colleague Reviews | Coworker Reviews | Manager Reviews |, 12 July 2011 [cached]
Budimir S. Drakulic Ph.D Chief Scientist and Director of Research & Development , Signalife Inc., 10 Aug 2009 [cached]
The heart monitors that Recom and Signalife have marketed are based on the inventions of Budimir S. Drakulic, who was hired as vice president and chief technology officer in October 2002. Court records show that at the time Drakulic joined the company, he was liable for a judgment of $805,900, plus interest, won by a former girlfriend who claimed that he defrauded her and her brother out of money they loaned to him.
According to the lawsuit, he told his then-girlfriend that some of the borrowings were going toward a research project for the Air Force that would bring in millions of dollars over the next decade. The technology on which Recom's heart monitor is based grew out of work that Drakulic did for the Air Force.
Recom and Signalife have never disclosed the judgment against Drakulic in their SEC filings. He remains Signalife's chief technology officer. According to the company's most recent proxy filing, Signalife pays $180,000 a year for his consulting services to another entity called B Technologies Inc, and pays him $70,000 a year directly.
Drakulic has made no payments to the people who won the fraud judgment against him.
Signalife, Inc. | Clear Data. Trusted Results., 8 Sept 2008 [cached]
Budimir S. Drakulic, Ph.D.Signalife, Inc. | Clear Data.
Budimir S. Drakulic, Ph.D.
Budimir S. Drakulic, PhDChief Technology Officer & Chief Scientist Dr. Drakulic has 30 years of experience in the design and development of sophisticated hardware and software for biomedical microelectronic systems.He was a Chief Scientist at Teledyne Electronics Technologies Medical Business Unit and a Director of Microelectronic Development Laboratory at Crump Institute for Medical Engineering at UCLA.Dr. Drakulic is the 1985 recipient of the Ralph and Marjorie Crump Prize for Excellence in Medical Engineering.While at UCLA, Dr. Drakulic was a visiting Assistant Professor of the Electrical Engineering Department as well as the Department of Anatomy and Neurosurgery and a Research Fellow at the Crump Institute for Medical Engineering.
Recom Managed Systems - Management Team, 27 Feb 2006 [cached]
Budimir S. Drakulic, PhD: Chief Technical Officer & Chief ScientistDr. Drakulic has 25 years of experience in the design and development of sophisticated hardware/software biomedical microelectronic systems.He was Chief Scientist of Teledyne Electronics Technologies Medical Device Division and Director of Microelectronic Development Laboratory at Crump Institute (UCLA).He is the recipient of the Ralph and Marjorie Crump Prize for Excellence in Medical Engineering from UCLA in 1985 while a Research Fellow with the Crump Institute for Medical Engineering at UCLA.
Includes 600,000 common shares held by ..., 19 May 2004 [cached]
Includes 600,000 common shares held by B World Technologies, Inc. and 234,375 common shares issuable upon exercise of options granted to B World Technologies in connection with services performed by Dr. Drakulic.Both B World Technologies and B Technologies are owned and controlled by Dr. Drakulic
On October 11, 2002, Recom reached an agreement-in-principle with Dr. Budimir Drakulic to become our Vice President and Chief Technology Officer on a consulting basis through his consulting companies.Pursuant to that understanding, on October 15, 2002, we entered into a loan-out agreement with B World Technologies, Inc. and B Technologies, Inc. relative to the provision of Dr. Drakulic's services, which formally commenced as of that date.Dr. Drakulic is the president and owner of these companies.
B World Technologies was granted 600,000 "restricted" common shares (200,000 shares pre-split), to be earned over five years of continuous provision of services by Dr. Drakulic.
Since March 1, 2003, Dr. Drakulic has worked for us on a full-time basis even though the loan-out agreement only provides for the provision of part-time services.We have agreed to characterize these additional services as being provided by Dr. Drakulic as an employee, and to pay him $7,500 annually as compensation for their provision.On March 10, 2003, as additional incentive for the performance of Dr. Drakulic, we granted to B World Technologies options entitling it to purchase 750,000 common shares at $0.95 per share.These options vest quarterly over a four year term, and lapse, if not exercised, on March 9, 2008.Concurrent with entering into the loan-out agreement, B World Technologies, B Technologies and Dr. Drakulic signed an employment, confidential information, invention assignment and arbitration agreement under which they agreed, among other things, to assign to us all of Dr. Drakulic's right, title and interest in and to any and all inventions, discoveries, etc. which he conceives or develops while engaged by Recom.
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