keith02.04.08
PakSense, Inc. has named David W. Light CEO of the company. With more than 25 years of C-level management experience, Mr. Light has a proven track record in building and maintaining successful businesses that provide value to all stakeholders involved.
Prior to joining PakSense, Mr. Light was CEO of Sunrise Technologies, Inc., a publicly traded provider of lasers and related products for the ophthalmic and dental industries. At Sunrise, he successfully raised $25 million in private capital, led the dental division to profitability and then built a team that increased stock value from $.34 to $20 per share.
Prior to Sunrise, Mr. Light also successfully completed an initial public offering for Advanced Polymer Systems, a high-tech polymer business.
“As a Keiretsu Forum angel investor in Silicon Valley, I was introduced to PakSense and felt that its technology and range of possible markets provided great potential for exponential growth,” said Mr. Light. “Additionally, the company had already begun to experience good market traction, thus minimizing some front-end risk. As importantly, it has a very bright, energetic and experienced management team already in place.”
In a related move, Tom Jensen, founder and former CEO of PakSense, will now take on the responsibility of chief technical officer and continue as chairman of the board at PakSense. In his role as CTO, Mr. Jensen will lead the research and development and patent protection efforts for the company.
Prior to joining PakSense, Mr. Light was CEO of Sunrise Technologies, Inc., a publicly traded provider of lasers and related products for the ophthalmic and dental industries. At Sunrise, he successfully raised $25 million in private capital, led the dental division to profitability and then built a team that increased stock value from $.34 to $20 per share.
Prior to Sunrise, Mr. Light also successfully completed an initial public offering for Advanced Polymer Systems, a high-tech polymer business.
“As a Keiretsu Forum angel investor in Silicon Valley, I was introduced to PakSense and felt that its technology and range of possible markets provided great potential for exponential growth,” said Mr. Light. “Additionally, the company had already begun to experience good market traction, thus minimizing some front-end risk. As importantly, it has a very bright, energetic and experienced management team already in place.”
In a related move, Tom Jensen, founder and former CEO of PakSense, will now take on the responsibility of chief technical officer and continue as chairman of the board at PakSense. In his role as CTO, Mr. Jensen will lead the research and development and patent protection efforts for the company.