Optellios Poised for Growth under New CEO
December 02, 2010 (PRLEAP.COM) Business NewsNewtown, PA (December 2, 2010) – Optellios, Inc., a developer and manufacturer of advanced fiber-optic security systems, has announced the appointment of David Smith as the company's new President and Chief Executive Officer, effective immediately. According to the company's Board of Directors, the change of leadership reflects a shift of the organization's corporate goals toward expanding its market share through strategic partnerships and sales channel development. Mr. Smith brings over 20 years of experience in leading successful business development efforts in defense technology, electronics, and communications industries.
An engineer by training and a former U.S. Navy pilot, Mr. Smith launched his management career as a Senior Program Manager at General Electric. Subsequently, Mr. Smith held senior executive positions with several organizations, building a track record of large-scale innovation and consistent revenue growth. His most recent appointment prior to joining Optellios was as the Senior Vice-President and General Manager in charge of the Defense and Space Division of EMS Technologies, where he grew divisional revenues by 120%, from $45M to $100M, over his 3-year tenure.
"Optellios is in a unique position to take advantage of the growing demands in the U.S. and international physical security and infrastructure monitoring markets," said David Smith. "The company has highly capable and dedicated staff and a broad spectrum of mature products and cutting-edge technologies, coupled with full investor support and financing to achieve and manage rapid growth. I am genuinely excited to become a part of Optellios and to lead this organization to success," added Mr. Smith.
According to Mr. Smith, Optellios will focus its efforts on building strategic relationships within the security industry. "In order to grow, we are putting the emphasis on developing sales channels and supporting our products on every stage, from specification to commissioning. Our goal is to provide our industry partners with fully supported, effective, reliable, and technologically superior solutions that are easy for them to sell, integrate, and maintain." concluded Mr. Smith.
About Optellios Inc.
Optellios, Inc., a leading U.S.-based fiber-optic technology company, is a provider of advanced solutions for sensing, security, and communication. Its FiberPatrol® line of security products leverages company's pioneering patented fiber-optic sensor technologies to provide the most advanced and cost effective security solutions for military bases, airports, power plants, water treatment facilities, pipelines, secure data networks, and other critical infrastructure and high-value assets. For more information, visit www.optellios.com.