Kinduct Technologies, the Halifax medical-technologies company, has issued the following press release:
Kinduct adds fire power to leadership team
Leading sports and health technology firm welcomes elite-level business leaders to their advisory team.
HALIFAX, NS – June 5th, 2015 – Kinduct Technologies announced today the addition of John Risley and Vikram Rao to their leadership team.
Risley, the President and CEO of Clearwater Fine Foods Incorporated (CFFI), a diversified holding company, has been named as Chairman of the Board. While Rao, a former Managing Director at Scotia Capital, will act as a Strategic Business Advisor.
Mr. Risley brings an incredible amount of experience and success to the Kinduct team. John is the co-founder of Clearwater Seafoods, Columbus Communications and Ocean Nutrition and holds interests in many other businesses around the world. John was named an Officer of the Order of Canada and was inducted into the Nova Scotia Business Hall of Fame in 1997. He has received numerous awards, including Atlantic Canadian Entrepreneur of the Year and a Canada Award for Business Excellence in Entrepreneurship and is a graduate of Harvard University’s President’s Program and Leadership.
“John has been an amazing resource for our Company and we are thrilled to have him as the Chairman of our Board of Directors,” says Travis McDonough, Kinduct’s Founder and CEO. “As the deals and opportunities for our Company grow larger and larger every day, having access to a business Hall of Famer and mentor like John becomes invaluable. His ability to quickly assess situations and provide valued input really helps inform our decisions and guides our path forward as we ramp this business up.”
“Travis and his team have done a wonderful job building and positioning the Company for success in the emerging health, wellness and sports technology markets”, says Risley. “I am excited to work more closely with the management team as we embark on what I believe will be an impressive and sustained period of growth and prosperity for Kinduct.”
Kinduct’s other new appointee to their leadership team, Vikram Rao, also brings a wealth of knowledge and experience to the Kinduct team. Vik has over 23 years’ experience in the fields of international investment banking, investment management, private equity and venture capital. Throughout his career, Vik has been a major investor and advisor to companies in varied fields such as technology, real estate development, resort development and energy. He has been involved with and has advised companies throughout their stages of early development, leading to stable operating companies and eventually acquisitions and IPOs.
“Vik has been there for us since day one and we are thrilled to have him working more closely with our team as we scale the business,” says McDonough. “We decided early on that we would focus 100% of our time building and selling our products, as opposed to pitching investors. Vik’s experience and advice gave us confidence that we could make this work on our own and that is really paying off for us now.”
“When I first learned about Kinduct in 2010, I knew they had the idea, people and energy that it takes to build a successful Company”, comments Rao. “However, in the software business, timing is everything. Kinduct is in the right place at the right time with the right products—we are going to make a huge impact and I am excited to be a part of it.”
About Kinduct
Kinduct Technologies is a privately held, SaaS-based software company with a head office in Halifax, NS and an animation development studio in Vancouver, WA. Kinduct’s overarching goal is to help make people better. The products are developed to address information challenges of organizations who work with athletes, patients, clients, students and employees. The company's solutions help organizations collect, organize, share and analyze data, in one centralized platform, to break down data silos, inform decisions and deliver powerful results.
Kinduct’s unwavering passion and dedication to helping make people better has resulted in partnerships with some of the world’s most influential organizations in professional and amateur sport, healthcare, fitness, military and public safety and corporate health and wellness. The Kinduct team has been the fortunate recipient of a number of awards and recognitions, including: 2013 Ernst and Young Entrepreneur of the Year Nomination; 2014 Inaugural CBC Innovative Business of the Year Award; 2014 and 2015 Top 50 CEO in Atlantic Canada Award; and a 2015 Best Places to Work in Atlantic Canada Award.
