Le Lézard
Classified in: Science and technology
Subject: PER

Systech International announces record third quarter performance



PRINCETON, N.J., Dec. 7, 2017 /PRNewswire/ -- Systech International, a global technology leader in serialization, track and trace and brand protection, today announced the company recorded its highest revenue in any third quarter and is positioned to close out its most profitable year in its 32-year history. This has been driven by the continued adoption of its comprehensive suite of software solutions. Its UniTracetm traceability software continues to expand in market share, its serialization solution is the de-facto standard for the pharma industry, and its UniSecuretm solution is gaining traction as the next evolution of true brand authentication.

Given this positive trajectory, founder Robert DeJean has announced he will retire from the day-to-day responsibilities of Chief Executive Officer to fully focus on his more strategic role as advisor and member of the board of directors. The company has enlisted an executive search firm to recruit a new CEO to continue working toward the vision to radically change the way companies build, protect, and grow their brands.

Michael Dubilier, Chairman of Systech's Board of Directors stated, "We are grateful for all Bob has done in the last 32 years to bring Systech to this critical juncture."

"With the strong leadership team in place, now is the perfect time to transition to a new CEO. I'm looking forward to working strategically with the executive team as we enter into this next exciting phase of the company," stated Mr. DeJean. "Our software platform, Uniquity, has successfully supported the serialization needs of the pharmaceutical industry for decades and we are deploying this platform to reach beyond just serialization into true brand protection and brand activation."

During our CEO search process, Kevin McKay, a longtime supporter, advisor, and consultant of Systech will be providing support to the board on certain aspects of the transition. Kevin's extensive executive experience with software solutions and services in the healthcare industry will be invaluable.

About Systech International: Systech pioneered serialization and is defining the future of authentication. For more than 30 years, Systech has led best practices for global brands across pharmaceutical, life sciences, and consumer packaged goods industries. Systech's presence includes offices in North America, Europe, India, and a partner network in South America, the Middle East, China, and Japan.

Contact:

Systech International
Sarah Paris-Mascicki
+1 7327639460
Sarah.paris@systechone.com

SOURCE Systech International


These press releases may also interest you

at 19:00
SEATTLE, Sept. 18, 2018 /PRNewswire-PRWeb/ -- Introducing Inklife, a new online, digital ink based, social experience, launching today on the Kickstarter platform. Inklife allows consumers to use their own photos to create beautiful, high-resolution,...

at 19:00
VVDN today announced continued growth in Asia by establishing office in S. Korea. The expansion is in response to the positive market reception and growing demand in the Asia-Pacific region (APAC) for VVDN's industry-leading product engineering and...

at 18:47
Microsoft Corp. on Tuesday announced that its board of directors declared a quarterly dividend of $0.46 per share, reflecting a 4 cent or 9.5 percent increase over the previous quarter's dividend. The dividend is payable Dec. 13, 2018, to...

at 18:45
Today, American Trucking Association's Technology & Maintenance Council and PIT Group of FPInnovations announced it has reached a deal for a new, collaborative partnership. Under the terms of the agreement, TMC will partner with PIT Group in field...

at 18:45
The "Bioinformatics Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering. The bioinformatics market is expected to grow at a CAGR of 18.15% to reach a market size of US$21.229 billion in 2023, increasing...

at 18:17
Greyhound, the largest provider of intercity bus transportation in North America, today announced the launch of nationwide e-ticketing access on its iOS mobile application. This enhancement allows customers to purchase tickets quickly and easily from...




News published on 7 december 2017 at 16:37 and distributed by: