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Consumer Health Technologies Appoints New CFO to Manage Growth and Implement Acquisition Strategy

FT. LAUDERDALE, Fla. May 23, 2012 /PRNewswire-iReach/ Edward Smith Ron Diegelman

In addition to more than 20 years of broad-based corporate experience across a variety of industries, Smith brings strong experience in growth management and acquisitions (M&A) that will further support the company’s successful growth. During his career, Smith has played an integral role in driving organic and operational performance growth, in addition to being a key player in more than 20 technology sector acquisitions, including modeling, analysis, deal structure, due diligence, contract negotiations and post integration.

Ed Smith Pradeep Goel

Prior to joining Consumer Health Technologies, Smith served as Vice President for Emphasys Software, a division of Constellation Software, where he was instrumental in identifying target acquisitions in niche vertical markets, including healthcare reimbursement. Prior to Emphasys Software, Smith served as Chief Financial Officer for eNeighborhoods, where he developed integrated financial reporting processes for budgeting and forecasting, and also instituted policy and procedures for revenue recognition of software. He began his career at KPMG in the Consulting Group where the focus was on strategic planning, IPO due diligence and corporate restructuring.

"I am excited to join a company with a rich entrepreneurial culture and a solid vision to expand in the rapidly growing healthcare reimbursement market," said Smith. "The challenges and opportunities are very rewarding. I look forward to helping the company move forward toward achieving its goals."

About Consumer Health Technologies, Inc.

Consumer Heath Technologies, Inc. (CHT) is a healthcare IT company that develops and deploys comprehensive healthcare administration and engagement solutions. These innovative solutions enable the healthcare Payors and administrators to actively engage consumers, groups and Providers in the health care delivery lifecycle, improve healthcare outcomes and help bend the cost of care curve. CHT serves over 100 healthcare Payor and administrator clients nationwide.

Media Contact: Lisa Maggart [email protected]

SOURCE Consumer Heath Technologies, Inc.

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