Mr. Carl Parks, COO Tapped to Lead Invisa as President
27 June 2006 - 9:00PM
Business Wire
Invisa, Inc.(OTCBB:INSA) today announced that the Company's Chief
Operating Officer, Mr. Carl Parks, has been promoted by the Board
to President and COO. In addition to his new responsibilities, Mr.
Parks will continue in his role as Chief Operating Officer. Mr.
Steve Michael, former acting President and one of the founders of
the Company, will continue to serve as Chairman of the Board of
Directors. Mr. Parks is an industry veteran who has been running
much of Invisa's day-to-day operations and has been integral to
developing and expanding the Company's Parking Gate Safety OEM
Partner Program. In addition, Carl has been instrumental in
positioning the Company's technology to provide innovative
solutions in a number of new market applications including swimming
pool safety and museum security. Steve Michael, Chairman of Invisa,
commented: "Carl is one of the pioneers of our approach to the
sensing industry and has been responsible for helping to steer
Invisa into several areas that we believe will provide great
benefit to the Company and our shareholders. I knew Carl for quite
some time before bringing him into the Company years ago, and I
remain highly confident in his diverse set of capabilities. I have
had an extraordinary relationship with Carl through Invisa's
evolution and I believe there is no one better prepared at this
time to take Invisa to the next level. Carl is a very strong
executive and capable leader. When those strengths are coupled with
the new marketing and strategic expertise we enjoy as a result of
Bill Hildebrand joining Invisa, I have no doubt that the Company
will continue to grow and deliver innovative, industry changing
solutions with our estate of proprietary presence sensing
technologies." Mr. Parks stated, "I am very excited about the new
opportunities and challenges for me and for the Company as we move
to make Invisa's technology the industry standard for non-contact
sensing applications." Mr. Parks joined Invisa in August 2001 as VP
operations and became COO in January, 2002. Prior to joining
Invisa, Mr. Parks served in varying capacities spanning 20 years at
several electronic manufacturing services companies. Mr. Parks has
built a solid reputation for being a "hands on, take charge leader"
and has the benefit of having been directly involved with the
Company's operations, growth and evolution from the very early
days. About Invisa Invisa presence-sensing solutions serve the
electronic life safety and security markets. Invisa's proprietary
InvisaShield(R) technology is based upon capacitive sensing and is
resistant to known methods of circumvention without employing
infrared, laser, ultrasound or microwave radiation. InvisaShield
can detect intruders who violate a sensing zone ranging from
millimeters up to 1 meter. Invisa's SmartGate(R) safety system
generates an invisible protective field that moves with and
precedes the potentially hazardous leading edge of powered gates,
garage doors, sliding doors and other powered closures. With an
estimated 60,000 new parking control gates installed each year, and
an installed base of over 1,000,000 gates worldwide, an enormous
market currently exists for Invisa's SmartGate technology. In
addition to parking gates, Invisa is currently developing a similar
line of products based on its patented InvisaShield(R) technology
for the overhead, garage and industrial door markets and for the
museum security market. For information about SmartGate(R) products
or the patented InvisaShield(R) technology, visit
http://www.invisa.com or call 941-355-9361. A video of SmartGate in
action can be viewed at the company Web site. This press release
contains certain forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The company
has tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates," "believes,"
"estimates," "expects," "plans," "intends," "potential" and similar
expressions. These statements reflect the company's current beliefs
and are based upon currently available information. Accordingly,
such forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause the company's
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. Factors
which may cause such differences include the company's ability to
meet planned delivery schedules, cancellation of orders, and other
risks disclosed in the company's SEC filings. The company
undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information covered in this
press release, including such forward-looking statements.
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