Daniel Carnese has been appointed Chief Executive Officer, bringing over 20 years of experience with Silicon Valley software ventures, including ten years with startups delivering innovative products to health care providers and health insurance companies. David Haddick will work with hospitals and the pharma/biotech industry to create partnerships that can satisfy the pent-up demand for expanded access to patient populations for clinical trials.

Dan brings over 20 years of experience with Silicon Valley software ventures, including ten years with startups delivering innovative products to health care providers and health insurance companies. Dan's experience spans a range of roles — encompassing engineering, marketing, sales, professional services, and customer support — but his primary focus has been on new product development and delivery.

As the original VP Engineering at Initiate Systems, Dan led the product development effort for Initiate's industry leading MDM (Master Data Management) product — a key enabler for the implementation of health information networks — and supervised its first successful implementations at Catholic Healthcare West and other healthcare providers. The company was recently acquired by IBM. Prior to that, Dan was Director of Engineering and Senior Scientist for Independence Technologies, building infrastructure products enabling highly available and scalable real-time systems, as well as innovative enterprise applications for the health insurance industry. The company was acquired by BEA Systems. Dan also served as product manager for Broadvision at the time of its highly successful e-commerce IPO.

Dan received his AB in Computer Science and Phi Beta Kappa from the University of California, Berkeley. He earned his Master of Science in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology and was elected to Sigma Xi. Dan serves as a board member of the Silicon Valley Action Network.

Correspondent Spencer Michels reports from Silicon Valley on the response of business leaders and the high-tech community to President Obama's drive for innovation and the debate over how much the federal government should be involved in funding incentives for entrepreneurs amid calls for federal austerity.

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