Healthcare Technology Business Veterans Join Jump Technologies Board of Directors

ST. PAUL, Minn., Feb. 19, 2014—Jump Technologies®, a leader in combining smart technology with the convenience of cloud computing for supply-chain management solutions, today announced that healthcare technology veterans Angie Franks and Steve Fanning have joined its Board of Directors. Each brings more than 20 years of experience in this field, and will provide insight into the challenges facing the healthcare industry and how technology can help improve cost, quality and outcomes.

Angie Franks has broad management and marketing experience in healthcare, serving small rural hospitals, physician clinics and long-term care organizations. The former Healthland president and CEO is well known and respected as a thought leader and expert on hospital and healthcare issues throughout the country. While at Healthland, Franks drove exceptional revenue growth margin increase while launching and supporting two electronic medical records platforms. Before becoming vice president of market development with Lawson Software, she was head of sales and marketing for GeoAccess (geographic information systems software for health insurance), which was sold to Ingenix (now OptumInsight), a strategic consultancy for the healthcare industry.

Franks said, “I’m looking forward to helping the company focus on specific healthcare segments with the greatest needs for its products and align strategies with those segments. My perspective and experiences as a former CEO will be helpful in providing counsel about communicating with investors and generating financial results.”

Fanning, Infor vice president of healthcare industry strategy, has extensive hands-on experience at healthcare clinics and multinational companies. With a successful record in developing strategic information technology solutions, he has a practical vision of how to make businesses better through supply chain and procurement, enterprise financial systems and related compliance, business intelligence and cloud computing. He held several executive management positions, including director of global healthcare strategy at Infor, healthcare industry strategy director at Lawson Software (now Infor), and managing director and principal at Lingo Technologies, a NetSuite solution provider. He also served on the Board of Directors for the ASU Health Care Supply Chain Research consortium and was an executive participant in the Strategic Marketplace Initiative (SMI).Fanning explained, "Jump Technologies offers simplicity to otherwise complex and expensive procurement processes in healthcare, in particular for hospitals and clinics with little or no supply chain staff. I look forward to contributing to the company’s continued aggressive growth in support of ultimately reducing the cost of delivering quality healthcare."

Commenting about the appointments, Jump Technologies President and CEO John Freund said, “Steve and Angie bring over 40 years of combined experience and understanding of the healthcare supply chain. I look forward to leveraging that knowledge in our quest to simplify inventory management for the healthcare industry resulting in significant cost savings and ROI, as well as greater employee satisfaction in focusing more on patient care and less on supplies."JumpStockTM is the first easy-to-implement and use cloud-based inventory management solution for the healthcare industry that is delivered on smart devices. It replaces costly, time-consuming pen-and-paper processes, using barcode scanners and smart devices. In addition to providing real-time information and insight into materials management activity, JumpStock is the solution with the lowest total cost of ownership--no expensive software or hardware, no maintenance fees and minimal training.

About Jump Technologies
Jump Technologies, Inc. is the first provider of real-time, cloud-based supply-chain management solutions that are easy to implement and use on smart devices. Unlike traditional solutions that require expensive servers and expensive, difficult-to-use software, Jump Technologies guarantees immediate ROI with solutions that do not require expensive hardware, are easy-to-install and use, require little to no training and ensure compliant use. More than 20,000 businesses in the healthcare, food service transportation, and office supplies industries solve business problems associated with inventory management/replenishment and proof-of-delivery (POD) with Jump Technologies’ solutions. For more information about Jump Technologies and its products, visit www.jumptech.com or call (888) 373-7226. Follow the company on Twitter @JumpTechNews and on Google+ at google.com/+JumptechInc.

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