OCTOBER 29, 2007--The board of directors of Braintech (North Vancouver, BC, Canada) has announced the appointment of Frederick W. "Rick" Weidinger as chief executive officer and chairman of the board, effective immediately. As part of a planned transition, the founding management team has taken on new roles: Owen Jones has resigned as CEO and will stay on as an advisor and director for the company; Babak Habibi has resigned as director and will continue as chief technology officer and president of Braintech Canada; Ted White has resigned as CFO and director and will take a new position as senior vice president, administration. The changes were made as part of a plan to position Braintech as a major market leader in the rapidly developing intelligent robotics industry, which includes industrial, consumer, and military markets.
Weidinger served as a chief architect behind the emergence and growth of such organizations as the Institutional Communications company (ICC), MFS Communications, and Pontio Communications. At Pontio, from which he retired in 2001, he began as a member of the board of directors in June 1999 and became chairman, president, and CEO just two months later. Prior to Pontio, Weidinger served as a founding member and vice president corporate development for MFS communications and later as vice President of integration and development for WorldCom.
For information about Braintech, go to www.braintech.com.