Presstek directors join iCAD board

Two businesmen with close ties to Hudson-based Presstek have been named to the board of directors of iCAD, the Nashua-based developer of imaging systems that detect cancer.

Named to the iCAD board were Steven Rappaport, a partner with RZ Capital LLC, and Lawrence Howard, general partner of Hudson Ventures LP, have been named to iCAD’s board of directors.

Rappaport — who currently serves as an independent director and audit committee member of Hudson-based Presstek Inc. — has been a partner of RZ Capital, a private investment firm, since 2002. Before that, he was director, president and principal of Loanet Inc., an online real-time accounting service that was acquired by SunGard Data Systems in May 2001.

General partner of Hudson Ventures since 1997, Howard was a founder and has been a director of Presstek, where he served in various roles from October 1987 to June 1993, when he stepped down as chief executive officer.

Ken Ferry, CEO of iCAD, said their “extensive experience working with high growth technology companies will complement and enhance our current board and we look forward to leveraging their past successes and experience to advance our company and our line of early cancer detection products.” – JEFF FEINGOLD

Categories: News