| March 21, 2007 One
of InstaPayment's first major budgeted staffing goals was to
bring in an experienced Director of Sales and Operations. After
negotiating with several candidates, we identified this person as
Michael Humason and are proud to have him on board.
Mr. Humason has had over 30 years experience in
the medical device and health care industry. He has operated his
own firm, managing distribution of multiple medical device lines and
a sales team operating in diffuse geographic territories.
Most recently, Mr. Humason was involved in the early management
development of a medical technology start-up company that achieved a
market cap of $1 Billion during his four years at the company.
While there, Mr. Humason established the first 26 clinical trial
sites in the United States, assisted with the FDA approval process,
structured the sales force hiring and training process, and oversaw
direct sales and marketing after FDA approval |