
Cameron Lewis Joins Actuality Systems as President and Chief Executive
20-year High-Tech Veteran Will Help Company Transition from Engineering
Development to Commercial Production and Sales
READING, Mass. - April 22, 2002 - Actuality Systems, Inc., developer
of advanced 3-D display technology, announced today that Cameron
Lewis, formerly of Network Associates and Netscape, has been named
president and chief executive officer of the four-year-old firm.
Lewis joins Actuality after serving as senior vice president
of marketing and business development at PatientKeeper, Inc. in
San Francisco, makers of the leading mobile patient management
system. His earlier experience included executive positions in
marketing, distribution, and electronic commerce with Network
Associates / McAfee.com, Netscape, and MedicaLogic, where he spent
several years responsible for worldwide marketing, mergers and
acquisitions, and electronic commerce.
"Cameron is a great choice to lead Actuality through its
next phase of growth," said Rob Ryan, Actuality Systems's
chairman and co-founder, who was also founder of Ascend Communications.
"Over the past decade he has built an impressive range of
experience and has an excellent vision of the new technology marketplace.
We expect that he will help us make the most of the financial
markets and establish an effective product strategy for a rebounding
economy."
While at McAfee.com, Lewis was responsible for development of
the first anti-virus ASP service, which grew to more than 100,000
subscribers under his leadership. At PatientKeeper, he was responsible
for partnerships with Cerner and IBM, and at MedicaLogic, he headed
up more than $400 million in mergers and acquisitions. While at
Netscape, Lewis was responsible for the development of more than
$20 million per year in online software sales.
Commenting on the new assignment, Lewis said, "Actuality
has developed technology that can completely change the way business
is done in a number of fields, particularly biotechnology and
medical imaging. Our founder and now CTO, Gregg Favalora, and
his development team have done an excellent job bringing the product
through some difficult technical challenges. From here, our main
task is to take the product to market and make the transition
into full-scale production at the same time. It's an exciting
prospect and that's where we'll be focusing our efforts."
Actuality Systems is recognized as one of the most innovative
new companies working in 3-D rendering and display. A spin-off
of the prestigious MIT Entrepreneurship Competition in 1997, the
firm has developed a commercially available spatial display platform
called Perspecta. The Perspecta display renders high-resolution
color imagery that appears to float in a 20-inch-diameter globe,
allowing multiple users to move completely around the 360-degree
display, viewing images from any angle. The company is dedicated
to open standards and is supporting a developer community. Early
applications for the Perspecta displays are in biotechnology and
drug design, where they are used as research tools.
Contact: aMate Communications, LLC
Bonnie Gault, (781) 281-1548, Bonnie@amatecommunications.com
Ellen Walravens, (781) 281-1549, Ellen@amatecommunications.com
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