HTG Appoints TJ Johnson President and CEO
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TUCSON, Ariz.--(Business Wire)--HTG, Inc., a provider of novel array-based gene expression assay technology and services for the life sciences industry, today announced that it has appointed Tim (TJ) Johnson to the position of president and chief executive officer. Johnson, a seasoned and accomplished management executive, joins HTG from LVC Consulting where he was a partner with the firm. Previously, he was senior vice president of global business services at Ventana Medical Systems, a leading provider of diagnostic solutions for anatomical pathology. "We are very pleased that TJ has joined us at HTG at this important juncture for the company," said Harry George, chairman of HTG and managing partner, Solstice Capital. "His senior management and operational experience at Ventana, as it grew from $70 million when he joined the company to nearly $300 million, will help HTG reach the full commercial potential of its breakthrough tools for drug discovery and diagnostics." "HTG affords me a terrific opportunity to apply my experience to strengthen the organization, accelerate growth and drive adoption of the company's innovative technology platform," said Johnson. Johnson spent five years with Ventana Medical Systems in various senior management positions of increasing responsibility. Prior to Ventana Medical Systems, Johnson was vice president of global marketing at Hillenbrand Industries where he served as general manager of an acquisition company and handled North American operations in addition to leading the global strategic planning team. He has also served as a senior consulting manager at Price Waterhouse and has sales and operational experience at Batesville Casket Company, Caloric Corporation and Frito-Lay. Johnson earned a B.S. in business from Indiana University. HTG's qNPA technology is used to carry out quantitative multiplexed, gene-based drug discovery programs, including target validation, HTS lead optimization, metabolism, toxicology and clinical development. HTG's platform allows scientists to test any sample, including fixed tissues, while avoiding the need for extraction or target amplification. The platform provides high-quality quantitative test results enabling clients to compress drug discovery and development program timelines, increase program success and reduce costs. About HTG Privately-held HTG is based in Tucson, Arizona. Investors in the company include Solstice Capital, Valley Ventures, Merck Capital Ventures, Village Ventures and Arcturus Capital. Additional information is available at www.htgenomics.com. Schwartz Communications, Inc. Risa Burgess, 781-684-0770 htg@schwartz-pr.com Copyright Business Wire 2008
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