The Companys Chairman/CEO, Ronald Epstein, and President/COO John Carlson have over 40 years of combined experience in the healthcare industry.
Epstein and Carlson, in addition to their regular business activities, were consultants to PDC, the licensee of the HypoPro, and assisted PDC in connection with the testing of the HypoPro as well as with meetings with certain federal governmental agencies concerning the device.
Since 1986, Mr. Epstein has been the President of Clearlake Financial Corp. (???Clearlake??), a private leasing company specializing in health care lease/financing, working capital, practice acquisition and asset based loans for physicians and healthcare ancillaries, including but not limited to imaging, oncology and surgical centers.
In 1992, Clearlake
relocated its corporate headquarters to the hospital-office complex of a major hospital chain and formed a successful joint venture with over 200 physicians, providing financial services to the group.
has remained on the hospital campus and enjoys an excellent reputation with its lenders as well as its client base.
Mr. Epstein was also the President of MFC Financial Corp. (???MFC??), an independent leasing company specializing in the health care industry.
was acquired by a public company ink 1998.
According to Mr. Epstein
, ???with U.S. healthcare expenditures in 2001 of $1.4 trillion, and with double-digit growth expected to continue, we are excited about our decision to concentrate our time, efforts and resources in this arena.