Halfpenny Technologies Names Carl Smith as Chief Financial Officer

BLUE BELL, Pa.–()–Halfpenny
Technologies, Inc.
, a leader in clinical data exchange solutions,
announced the appointment of Carl Smith as Chief Financial Officer.
Smith brings more than 35 years of financial and operational experience
in a wide range of industries, including healthcare information
technology and enterprise software companies.

“We are delighted to welcome Carl to Halfpenny Technologies,” said Tim
Kowalski, President and CEO. “His appointment underscores our plan of
building a leadership team with proven experience to enable us to
achieve our long-term growth aspirations. He is a talented CFO with a
substantial track record of creating value by managing growth and
absorbing change without sacrificing agility. That will enable us to
continue to scale efficiently.”

Carl is a successful financial executive who has managed a number of
emerging growth companies. He has raised private and public capital, led
four companies through the IPO process, and worked with executive
management to acquire and integrate products and businesses. Most
recently, Smith was CFO of Airclic, a provider of supply chain execution
solutions. Prior to Airclic, he was CFO of MEDecision, a provider of
care management, clinical decision support and analytics solutions.

Smith’s hire follows Halfpenny Technologies continued strong financial
performance. The company has been recognized in 2013 and 2014 as one of
Deloitte’s Fast 500 for North American technology companies. This award
is based on year over year revenue growth.

“I am excited to join Halfpenny Technologies at such an exciting time
and become part of a financially-savvy executive team,” said Smith. “The
company is firmly focused on strategic growth and its core priority of
supporting patient-centered care. By collaborating with our partners and
clients to make clinical information available wherever and whenever
it’s needed, we are seeing real positive change that will benefit the
patient and the industry at large.”

Carl received a B.S. in Accounting from the Penn State University and is
a CPA.

About Halfpenny Technologies

Technologies, Inc.
provides clinical labs, hospitals, accountable
care organizations (ACOs), health plans, health information exchanges
(HIEs) and EHR vendors with a cloud-based, secure, scalable and
vendor-neutral clinical data exchange platform designed to optimize
patient care coordination while reducing waste. We have a long-standing,
proven track record of providing advanced features, rapid
implementation, reliable technology infrastructure and LOINC
mapping that enables laboratories and hospitals to win new accounts and
improve service to existing clients. www.halfpenny.com

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