INOVx Strengthens Management Team

July 31, 2009 – Irvine, California – INOVx., the leading provider of solutions for Asset Virtualization,® announced today the addition of two new members to its management team, Tom Galanty and George Bauer. The additions in the management team prepare INOVx for further expansion and growth.
 
“Tom and George bring a wealth of experience to our team,” said Costantino (Tino) Lanza, CEO of INOVx Solutions.  “We will be taking the company to the next level and both Tom and George will contribute to our future success.”

Tom Galanty will serve as INOVx’s Senior Vice President of Business Development.  Tom will concentrate on leading new growth initiatives for INOVx including expanding the business internationally and into new vertical markets.  Tom brings to INOVx, 23 years of global technology leadership experience in enterprise software and industrial automation systems for the process manufacturing industries.  Tom’s experience includes a variety of senior leadership roles with Honeywell’s Hi-Spec Solutions advanced application division and Honeywell’s Asia Pacific operations based in Singapore.  Most recently, Tom served as Executive Vice President of Global Operations & Technology for Progressive Gaming.
 
“INOVx provides an intuitive, natural way to optimally run an asset intensive business and will dramatically transform industry work practices,” commented Mr. Galanty.  “Timing is very good for scaling INOVx’s business globally.  INOVx customers in the global energy and hydrocarbon processing industries have been embracing the RealityLINx software solution for its proven benefits in operational and maintenance efficiencies, and improved safety, environmental, and regulatory compliance.  I am honored to join INOVx at this exciting time”.

George Bauer has been named as Vice President of Marketing.  In this role, George will drive the promotion and positioning of INOVx and the RealityLINx product, as well as contribute to the product direction. George has over 25 years of experience in various technical sales and marketing positions in manufacturing automation and software businesses.  Prior to his current role at INOVx, George was responsible for Siemens MES solutions serving the chemical, oil and gas industry worldwide.  Mr. Bauer also served as Vice President of Marketing for IndX Software, as well as various roles with Invensys and Groupe Schneider.  George’s career includes a six year assignment in Asia in an Asia/Pacific business development role.

“INOVx is a recognized leader and early innovator in the emerging Asset Virtualization space,” said Mr. Bauer.  “In particular, I am thrilled to be a part of the team at a time when many of the leaders in the oil and gas industry are taking up the INOVx Asset Virtualization vision.”

About INOVx
INOVx, founded in 1999, provides a platform and solutions for Asset Virtualization® to companies in the process industries worldwide.  INOVx’s RealityLINx product enables the creation, management and access to high fidelity three dimensional views of plant assets. These views are used in daily work practices to better communicate and navigate all asset information. INOVx solutions support many plant functions such as reliability, safety, operations, maintenance, inspection, and engineering. INOVx is a pioneer and thought leader in the application of laser scanning technology for the creation of accurate and precise three dimensional models of existing facilities. This Asset Documentation Service offers a reliable and proven way of creating and maintaining the three dimension asset models. INOVx is headquartered in Irvine, California. For more information please visit www.inovx.com.