SAN FRANCISCO--(BUSINESS WIRE)--LifeNexus, the developer of the iChip and Personal Health Card®, today announced that William Jacobs has been named Chairman of the Board and that Robert Titsch has been elected to the Board of Directors.
William “Bill” Jacobs has been a Director of LifeNexus since March 2011. Prior to joining the LifeNexus Board, Mr. Jacobs was the Senior Executive Vice President for MasterCard International (NYSE:MA) and the CFO of the New Power Company. At the New Power Company, Mr. Jacobs was responsible for finance, corporate development, strategic planning, and investor relations, including raising over $500 million in an IPO.
Robert “Bob” Titsch is a proven entrepreneur and business leader with a history of launching successful media and marketing services organizations serving a wide array of markets including healthcare and medical industries. He has 40 years of experience leading high performance business teams and realizing significant value creation and lucrative M&A events for private equity shareholders. He was the founder and chief executive officer of Virgo Publishing, Inc., a media events, and marketing company acquired by Seaport Capital in 2005. He is a co-founder and former board member and Treasurer of the Cable Satellite Public Affairs Network (C-SPAN), which televises coverage of federal government proceedings and public affairs events to over 100 million households. After spending four decades as a serial entrepreneur, Mr. Titsch semi-retired and formed RTK Investments, LLC, to nurture start-up companies and real estate ventures.
"The combination of Bill Jacobs’ experience in the payment card and banking industry and my experience in the health care industry creates a powerful leadership team at a critical time in the company’s development,” said David R. Strand, Chief Executive Officer. “And, the addition of Bob Titsch gives the company the benefit of early stage, entrepreneurial experience as well as significant marketing expertise.”
About LifeNexus, Inc.
LifeNexus introduces a new era in portable health records with the Personal Health Card®. This technology was designed specifically for maintaining an individual’s Personal Health Record (PHR) on a card in their wallet. The patented iChip™, “Individually Controlled Health Information Platform™,” utilizes mobile server technology to securely store critical information including prescriptions, medical history, allergies, insurance data, emergency contacts, physician notes, as well as other key information. Individuals authorize access to critical information at the time and point of need. With sensitive information securely encrypted, password protected and “Off-the-Web” the consumer is in absolute control with the iChip. Now individuals can manage their personal health information and at their choice, the iChip can be applied to payment cards, conveniently making general day-to-day purchases on the same card.