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Newstrom’s back
Virginia Business
January 2005
George
Newstrom is back in business. The state’s former
secretary of technology — who stepped down in
October after two and a half years — has taken
a job as president and CEO of the newly created WiSPER
Technologies, a spin-off of Reston-based IMC Inc., a
privately held software and systems company.
Newstrom
had planned to retire but was lured by the chance to
take to the market a new technology that IMC developers
have created. WiSPER stands for wireless standardized
portable electronic records. Its potential is in cutting
the expense of record keeping that many industries haven’t
been able to escape.
Newstrom says a physician using WiSPER software during
an office visit, for example, could simply dictate notes
or instructions and the data would go directly to the
lab or pharmacy or billing department. Plus, the software
can be customized to understand the technical language
of any industry. “We think we have a secret sauce
that will create a new market space for us,” Newstrom
says.
This is new turf for Newstrom, who was president of
EDS Asia Pacific before joining IMC. CEO Sudhakar Shenoy
says Newstrom had been on IMC’s board of directors
before joining Gov. Mark R. Warner’s cabinet in
2002 and returned after resigning. Newstrom saw a demonstration
of the WiSPER technology at a fall board meeting and
“asked a zillion questions. He was fascinated
by it,” Shenoy says.
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