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All Press Releases for July 31, 2006 Subscribe to this News Feed      
 

Peter Balbus, Managing Director of Pragmaxis LLC, Appointed to Business & Scientific Advisory Boards of i-Tex Wireless, Inc. and Inspherion Corporation

Leading-edge technology companies tap recognized futurist and technology commercialization expert to guide management through next stages of growth.

Chicago, IL (PRWEB) July 31, 2006 -- Pragmaxis LLC today announced that its founder and managing director, Peter G. Balbus, has been appointed to the business and scientific advisory boards of i-Tex Wireless, Inc., an emerging leader in advanced wireless communications systems for the global aerospace industry, and Inspherion Corporation, an advanced mobile software applications platform developer whose technology orchestrates structured enterprise data communication and collaboration.

Balbus is also President of the MIT Enterprise Forum of Chicago.

“It is truly a privilege to serve two such innovative and industry-changing companies. I am honored to be included with my fellow board members given their stature and reputations for excellence,” said Balbus. Both companies are part of an ‘outside in’ approach to enhancing entrepreneurship being developed by the University of Texas at Dallas.

Members of the i-Tex Business & Scientific Advisory Board include:

  • Dr. Da Hsuan Feng – (Chair) Vice President for Research and Economic Development and Professor of Physics, the University of Texas at Dallas
  • Peter G. Balbus - Managing Director, Pragmaxis LLC, Chicago, IL
  • Dr. Alain Bensoussan - Director, International Center for Decision and Risk
  • Analysis, UT Dallas and Former Director of the European Space Agency
  • Dr. Bob Budica - Chairman of the Board, Agusta Aerospace Corp
  • Dr. Doug Harris - Executive Director CyberSecurity and Emergency Preparedness Institute, UT Dallas
  • T. Allan McArtor - Chairman of Airbus North America Holdings, Inc.
  • Dr. Jimmy Yoh - former CEO and founder, Galaxy Scientific

i-Tex Wireless, Inc. is headquartered in Parker, Texas, near Dallas. The company, founded in 2001, is focused on providing hands-free cabin-to-cockpit and intra-cabin aircraft communications under both routine and emergency scenarios. The company's core product offering is a patented and FAA-conforming wireless communications system with the ability to transform how security, emergency, ground operations and customer service communications can be provided in and around commercial aircraft.

Balbus has also been appointed to the Advisory Board of Inspherion Corporation. “We are excited to have Peter join our team at this critical juncture in our development, “said Ramesh Balan, founder and CEO of Inspherion Corporation. “The knowledge, experience and contacts Peter has gained through his professional consulting work and his role as President of the MIT Enterprise Forum of Chicago will be invaluable to us in driving the future growth of our company.”

Members of the Inspherion Business & Scientific Advisory Board include:

  • Dr. Da Hsuan Feng, Ph.D. – (Chair), Vice President for Research and Economic Development and Professor of Physics, University of Texas at Dallas
  • Peter G. Balbus - Managing Director, Pragmaxis LLC, Chicago, IL
  • Dr. Russell Hulse, Ph.D. - Nobel Laureate in physics (1993) and Associate Vice President for Research and Economic Development, University of Texas at Dallas
  • Dr. Alain Bensoussan - Director, International Center for Decision and Risk analysis, University of Texas at Dallas; Former Director of the European Space Agency
  • Dr. Ronald R. Blanck, D.O. - Retired Chief Surgeon General, United States Army, Retired President, University of North Texas Health Science Center at Fort Worth
  • Lynn Ellis - Director, Collin County Small Business Development Center, Plano, TX
  • Arun Gollapudi - CEO, Systech Corporation, Burbank, CA
  • Neil vanHooydonk - President/CEO, Inspherion Healthcare, Dallas, TX

Dr. Da Hsuan Feng, Chairman of the Advisory Boards for both i-Tex and Inspherion said, “I’m very excited to have the strong input from a leader in technology entrepreneurship in the Chicago business community. This will enhance our “outside in” approach to assisting promising young business ventures to grow nationally and internationally. Peter brings a wealth of experience in leveraging technology to drive business value in the global marketplace.”

About Pragmaxis LLC

Pragmaxis LLC is a management consulting group that specializes in assisting executives in defining and operationalizing top-line growth initiatives, open innovation programs and technology commercialization strategies. The group helps senior executives understand how their industries are likely to change in the next 3-5 years and what steps they should implement today to achieve and sustain competitive advantage in the future. Industries served include manufacturing, logistics and distribution, consumer packaged goods, financial services, high-tech, electronics and telecommunications.

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Peter Balbus
PRAGMAXIS, LLC
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