PharmRight Corporation Announces Election of New Directors

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Fairchild and Maness to Serve on Company Board

PharmRight Corporation, a health care technology start-up based in Charleston, SC, announced today the election of Reggie Fairchild and Dave Maness to its Board of Directors.

Reggie Fairchild is President of Flashpoint Charleston, LLC, a website development and marketing firm based in Charleston, SC. Prior to that he started two real estate businesses. In the 1990s and early 2000s, Reggie led a number of major product marketing and product management efforts for America Online. He launched some of the most successful products in AOL's history, including AOL 4.0, which doubled the size of the company, AOL Instant Messenger 2.0 (AIM 2.0), and AOL Voicemail. He was also instrumental in the efforts to launch AOL 8.0, improved versions of AOL for Broadband, AOL Search and many other products. Prior to AOL, Reggie worked as a consultant to the venture capital firm New Enterprise Associates and as an Associate at Landmark Ventures, Inc. He has a BA degree in Mathematics from DePauw University and an MBA degree from Cornell University with a concentration in Finance.

Dave Maness is founder, President and CEO of Cactus, LLC, based in Charleston, SC. In early 2010, Dave developed and patented the Cactus Smart Sink system, an innovative, secured, environmentally-friendly disposal solution for unused pharmaceuticals. The Cactus Smart Sink has become a nationally-recognized brand and is deployed in medical facilities throughout the US. Prior to founding Cactus, Dave spent 19 years in clinical sales, medical device sales and medical sales management positions. He served as regional manager in the Cardiology Division of Boston Scientific Corporation. Dave also worked in laparoscopic and open surgery device sales with US Surgical Corp. Dave has BA degree in Business and Economics from Pfeiffer University.

The addition of these two directors brings the PharmRight Board of Directors to five members.

Bill Park, Chairman, President & CEO of the company, said, “We are excited to welcome these two bright, creative, experienced executives to our Board. Reggie and Dave will play an important role in shaping our strategy and in helping us to successfully manage the rapid growth we anticipate for PharmRight.

PharmRight Corporation was formed in 2013 to produce devices and offer services that maximize medication adherence and keep patients at home. The Company has developed an innovative, Internet-connected, automated medication dispenser presently known as PharmMateTM. A new entrant to what is being called “The Internet of Things,” PharmMateTM is designed to simulate the supervision of an on-site caregiver by prompting the user to take the right medication…at the right time…in the right quantity…with the right instructions under the Internet-enabled remote oversight of a caregiver or a team of caregivers. A cloud application monitors and captures all user interactions with the device. Caregivers, including doctors, nurses and pharmacists, can be alerted via text messages or e-mail if a patient skips a dose. Comprehensive medication adherence reports are available via computer and mobile devices.

For more information, contact Bill Park at (843) 277-8250 or bill.park(at)pharmright(dot)com.

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J. Randall Parker
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