American flag Chinese flag
 
SkyeTek, Inc. Reports Strong Demand Justifies Larger Sales Operation
SkyeTek, Inc. Reports Strong Demand Justifies Larger Sales Operation
Download PDFDownload in PDF

Hires VP of Sales and Business Development to Match Large Well-Directed Engineering Team and Favorable Market Timing

Westminster, Colo., March 29, 2006 – SkyeTek, Inc., the leading provider of embedded RFID reader technology and developer of ReaderWare™, today introduced Chris Turner as the company’s Vice President of Sales and Business Development and gave an update on the progress the company has made since raising $8 million in venture financing several months ago.  
 
“Over the last 4 quarters, we’ve nearly doubled hardware and software sales with the most dramatic growth coming from software licenses — a strategic indicator for us,” said Rob Balgley, CEO of SkyeTek, Inc.  “With strong sales momentum and confident backing from the venture community, SkyeTek has built one of the largest and most experienced engineering teams in the industry totaling nearly 25 engineers.  SkyeTek has hired Chris Turner as VP of Sales and Business Development because of his proven ability to develop large-scale sales partnerships with OEMs and distributors that will allow SkyeTek to grow revenue rapidly.”
 
Turner comes to SkyeTek from network management provider Intelliden Corporation, where he was VP of Worldwide Sales and Support.  At Intelliden, he opened new sales channels in Government and Enterprise that scaled revenue nearly ten times over 3 years to a multi-million dollar run rate.  As the VP of Global Sales at Akamai Technologies, Turner managed a global team of 250 with responsibility for all revenue streams.  He led the company through a successful transition to enterprise-oriented customers and built an indirect sales model comprised of OEMs, resellers, and systems integrators.  Prior to Akamai, he led a highly successful career in IBM’s sales organization covering a span of 10 years.  A Harvard MBA, Turner has more than 15 years of experience in developing global technology direct and indirect sales relationships.  
 
Since the introduction of ReaderWare in July of last year, numerous customers have incorporated SkyeTek’s RFID technology as a feature in their products creating new applications for their customers in areas such as patient safety, consumables authentication, point-of-sale efficiency, and mobile workforce productivity.   By leading the industry in reader module commoditization and software layer intelligence through ReaderWare, SkyeTek has successfully expanded its footprint in key verticals not traditionally associated with RFID such as medical devices, healthcare, pharmaceuticals, retail, printing, and hospitality.
 
“SkyeTek’s roadmap, patent portfolio, and engineering capability position the company to lead in what projects to be a very large space as mainstream customer segments realize the opportunity to differentiate by embedding RFID reader technology their products,” noted Turner.  “SkyeTek’s distribution strategy is very similar to the software-oriented, indirect sales models at my previous companies.  I am excited to accelerate the ongoing success of the company by building a sales organization that can articulate the new applications that are possible today with SkyeTek’s technology.”
 
To learn more about SkyeTek, ReaderWare, or the company’s management team, visit www.skyetek.com.

About SkyeTek, Inc: SkyeTek transforms RFID into networking technology enabling goods and assets to participate in a connected world. SkyeTek develops readers that serve as intelligent edge devices and software that binds policies to tagged items. By extending networks to the physical world, customers increase revenue through their ability to predict demand, prevent counterfeiting, and personalize user interactions. Based in Westminster, Colo., SkyeTek sells exclusively through OEMs, systems integrators, resellers, and distributors. For more information, visit www.skyetek.com or call 720-565-0441.

Tagnostic®, SkyeWare™, SkyeModule™, ReaderDNA™, AURA™, SkyeOS™, SkyeSecurity™, the SkyeTek logo, and SkyeTek® are trademarks or registered trademarks of SkyeTek, Inc. All other trademarks or brand names are the properties of their respective holders. Features and specifications are subject to change without notice.

Return