Richard E. Mahmarian

President & CEO

[email protected]

Richard E. Mahmarian is the Managing Member/CEO of REM Associates, LLC a private investment and consulting service�s company. The company currently has several investments in high technology companies as part of its diversified portfolio. He is also currently President/CEO of Control Solutions, Inc., which is a $25.million software solutions provider to the factory automation, manufacturing and warehouse management industries. Besides his operational responsibilities, he is assisting in the development and implementation of their long-term strategic plan.

He was previously Chairman of the Board of FieldConnect, Inc., which was a spin off from Alpha Microsystems, LLC, where he was the Chairman of the Board and CEO. The FieldConnect software was originally developed by Alpha Microsystems, LLC, for its own internal use. It is now being sold as a wireless software system for the internet using hand held terminals or computers. The company was sold in October, 2002 to an independent investor. 

Mr. Mahmarian acquired Alpha Microsystems, LLC, in 1997 and it was a $25 million sales company manufacturing small (mini) computer systems, installing software networks, and providing IT services in the US and Canada through its 55 service locations. Prior to acquiring Alpha Microsystems (Nasdaq traded) in a leverage buyout, Mr. Mahmarian served on its board as a director for three years. In 2001, Mr. Mahmarian sold the hardware and software, and its service businesses to two different companies. The FieldConnect division was then established as a separate company to pursue the sale of its wireless software.

Prior to Alpha Microsystems he was Chairman of the Board, President, and Chief Executive Officer of Verification Systems International, Incorporated, which designs, engineers and manufactures bar code and two-dimensional symbology quality assurance instruments, from 1996-1998. In 1998 the company was sold to Printronix, Inc a large multi-national printer company.

Prior to its sale in 1996, Mr. Mahmarian was Vice Chairman of the Board and Executive Vice President/COO of RJS, Inc., a manufacturer of bar code printers, verification scanners, software, and consumable products. Mr. Mahmarian had been a principal of RJS, Inc. since 1985, when it was purchased in a leveraged buyout.

Prior to joining RJS, Inc., he held various executive management positions for Bell & Howell Company, Northrop Corporation and NCR Corporation.

Mr. Mahmarian has extensive operational and management experience in starting or buying and building successful small to medium size companies through acquisitions and internal growth.

Mr. Mahmarian is currently serving on and has previously served on several (public and private) corporate boards. He currently is a member of several public, private and non-profit boards including the Board of Regents of Seton Hall University (NJ) and the board of the Salvation Army�s Crestmont College

Mr. Mahmarian has a BA Degree in Accounting and Business Administration from Upsala College and a MBA from Seton Hall University in Economics and Marketing.

Mr. Mahmarian received an honorable discharge from the US Navy, where served for three years as a radar electronics technician.