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FOR IMMEDIATE RELEASE Cronus Partners Pleased to Announce Addition to Board of Advisors; Former Cronus Director Dr. Peter Schmidt Joins BoardNorwalk, CT – June 1, 2009. Cronus Partners LLC, an independent investment banking firm providing financial and strategic advisory services, is pleased to announce the addition of Dr. Peter Schmidt as a Senior Advisor to its Board of Advisors. Dr. Schmidt is the Chief Information Officer and Program Director of the National Parkinson Foundation. He was until recently a Director of Healthcare IT at Cronus. "We are excited to continue to access Dr. Schmidt’s experience and expertise on our Board of Advisors as he begins his new position in the healthcare field, and we look forward to continuing to bring that to bear for our clients," commented Alan Canzano, a Managing Director of Cronus Partners. Peter N. Schmidt is the Chief Information Officer and Program Director of the National Parkinson Foundation where he is leading the NIH-baked quality improvement initiative. Prior to joining the Foundation, he was a Director of Healthcare IT at Cronus Partners LLC where he provided strategic and financial advisory services to a range of healthcare and technology businesses. He also published extensively on the topics of finance, healthcare transformation, and internet technology. Previously, he provided technology leadership and strategic management as the President of Doctor Global, Ltd. and as a consultant to clients in high-tech private equity advising on product strategy and the marketplace. With a Ph.D. in computer simulation for orthopedics and a patent for a total knee replacement, Dr. Schmidt has published research on statistical modeling and the economics of technology-enabled healthcare delivery. About Cronus Partners Advising on mergers, acquisitions, divestitures, sales, and private placement financings, Cronus is an independent investment banking firm that provides financial and strategic advisory services. The clients of the firm are publicly traded or privately owned companies that engage in middle-market transactions domestically or internationally. For further information please contact:
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