MONMOUTH JUNCTION,
NJ - March 7, 2011 - Infinova today announced that Stephan G. Cannellos has
joined the company to work with management on company strategy, acquisition
processes and help new acquisitions integrate into Infinova.
"We have
always grown Infinova organically," reports Infinova President and CEO
Jeffrey Liu. "However, since completing our $300 million IPO in December,
we are starting to look for suitable technology companies to form partnerships
and alliances that will advance Infinova solutions and acquisition of complementary
companies to grow our market share. We look forward to Stephan helping us accomplish
this."
"Infinova
is on the precipice of being a major international player in the video security
industry," asserts Cannellos. "Through its own R&D department,
which includes over 290 engineers, Infinova already provides core equipment
for video control rooms, megapixel, IP and analog surveillance cameras, specialized
cameras, fiber optic communications products and customized systems. Strategic
acquisitions will help the company grow even faster and provide Infinova integrators
with even more solutions to propose to their customers."
Cannellos joins
Infinova with an extensive background in general management, sales, marketing
and acquisitions with leading management posts at security industry leaders
Assa Abloy, Tyco and Software House. He has also been with GE and showed success
at three venture-backed technology start-ups. Cannellos lives in Westford, Mass.
and has a bachelor's degree in mechanical engineering and a master's degree
from Clarkson University.
More information
on Infinova video systems is available by going to www.infinova.com.