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Quality Assurance Company

Location:
Longmont, CO, 80503
Posted:
July 02, 2010

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Resume:

Michael D. Steingrebe, cma Longmont, CO

303-***-**** ( abmg02@r.postjobfree.com

Senior Finance Executive

Technology, Manufacturing, Clean Energy

Global business builder and solutions driver with 25+ years of success

creating top-performing startup companies, early stage ventures, and high-

growth enterprises. Entrepreneurial mindset, energy, and style with natural

talent for aligning corporate goals with operations, technology, R&D, sales

and marketing, purchasing, inventory, production, and distribution.

Straightforward communicator, strong negotiator.

. Executed more than $100M in private equity transactions, including over

$70M for early stage digital media company.

. Public Company Director and Audit Committee for international Solar

Panel Manufacturer with 40% annual growth.

. Completed multiple US and International acquisitions that increased

acquirers' revenue more than 50%

Expertise: Mergers and Acquisitions, Joint Ventures, Finance & Accounting,

Systems Development & Implementation, Performance Reporting & Analysis,

Balanced Scorecard, Benchmarking, Competitive Market Positioning

Professional Highlights

CFO Consultant, Denver, CO - Professional advisory focused on providing CFO

solutions to SMB sectors.

Consultant, 2006-Present

Provide expertise in guiding companies through major changes, creating

value, strategic financial planning, M&A support, restructuring advice,

bank negotiations, capital-raising, and management team augmentation.

Project Highlights

. Communications Infrastructure Corporation, Santa Barbara, CA (largest

provider of backhaul infrastructure construction services for wireless

carriers nationwide): Restructured operations to improve performance and

reduce breakeven revenue >60%. Restored company's growth trajectory and

positioned company to attract potential acquirers'.

. eParkGuide, LLC, San Jose, CA: Refined and enhanced business model for

seed-stage software company to include multiple sources of revenue, an

incentive model for national parks, a social network, content

development, and comprehensive model for third-party content publishing.

Completed $8M staged financing round.

. Control Works, Inc. (CW Industries), Lakewood, CO: Recreated brand and

packaged $5M green technology company's product to support recurring

revenue model. Closed strategic partnership with global leader CH2M

Hill.

. Newmerix Corp., Superior, CO: Negotiated customer contracts totaling

more than 60% of company's annual revenue in just 4 months. Closed $7M

follow-on equity round for the $10M enterprise software company.

. Developed business and financial models for operations planning and

investor presentations for pre-funding stage bio-fuel distributor.

. Provided general business/financial advisory services and facilitated

investor/partner introductions for a pre-funding stage smart grid

technology provider of commercial and residential demand response

technologies.

vt mobile, inc. (dba VisionTEK, Inc.), Superior, CO - $5M software company

providing mobile apps and data message switches to public safety and

homeland security markets.

Chief Financial Officer & Chief Operating Officer, 2004-2006

Orchestrated a number of firsts for the 11-year old company, while

instituting an ongoing evaluation and performance measurement system to

advance continuous improvements. Restructured and improved performance of

engineering and quality assurance departments.

. Attained first-ever profitable quarter.

. Completed first reseller agreement.

. Converted long-term debt to equity in conjunction with insider equity

round.

envysion, llc, Westminster, CO - Developer of digital video recording

products/applications for surveillance cameras.

Co-Founder / Chief Financial Officer & Chief Operating Officer, 2003-2004

Built and positioned company for sale to new investor/management group,

creating innovative service-based business model to penetrate the casino

market, differentiating the company in a very fragmented and competitive

market.

DataPlay, Inc., Boulder, CO - Early stage digital media company developing

next generation consumer products for distribution through Internet and

traditional channels.

Vice President, Corporate Development, 1999-2003

Instrumental in creating and managing company's marketing strategy and

positioning focused on developing strong brand in web-based content

distribution space. Raised more than $70M in private financing, secured

debt financing, and completed a joint venture with Toshiba. Structured,

negotiated, and closed several partnerships, including distribution and

sales rights, intellectual property licenses, and web transaction

agreements.

Private Equity Fundraising

. Completed second round funding of $10M, a 700% increase in over the

first round 7 months earlier.

. Closed third round financing of $50M at a 625% increase over second

round with partners that included Universal Music, Samsung, Toshiba,

Diamond MultiMedia, and EMI.

Strategic Partnership Structuring, Negotiating, Closing

. Joint venture in Japan with Toshiba, including manufacturing license,

. Manufacturing agreements with Samsung and other major consumer

electronics companies.

. Technology license agreement with Kodak.

. Joint development, manufacturing and world-wide distribution agreements

with Imation Corporation.

SyVox corporation, Boulder, CO - $5M developer of hardware and software

applications utilizing speech recognition.

Vice President, Finance, 1995-1999

Obtained more than $13M in private equity investments. Negotiated and

completed acquisition of Belgium company that doubled annual revenue and

created a European subsidiary.

. Negotiated contracts with major customers, including Walt Disney and

Frito-Lay.

. Negotiated technology license agreement, ensuring future generations of

technology critical to long-term strategy.

. Led design and manufacture of 2 new proprietary sound cards at costs

30%/14% less than prior models.

. Managed software development team that developed the company's base

application.

adaptive systems, inc., Niwot, CO - Startup developer of portable

industrial electronic devices.

CFO & VP Operations, 1993-1995

Established vendor relationships, including credit terms to manage limited

cash resources. Closed 2 private equity offerings.

dovatron international, inc., Longmont, CO - $250M electronics manufacturer

of computer products and assembly equipment; division of Dover Corporation,

a Fortune 50 company.

Controller, 1990-1994

Completed acquisitions with contract manufacturing businesses in Ireland

and Southern California that increased revenues 50%. Negotiated and

managed contracts with companies such as Keytronic Corporation.

. Developed budgeting and performance evaluation system that improved

quality and timeliness of information.

. Created new customer quoting process that shortened customer request to

quotation time and buy-in from each department on performance

measurements while facilitating more competitive quotations and

profitability.

Earlier: Financial Analyst, F100 Penn Central Company; Cost Accounting

Manager, F500 Band-It/Houdaille, Inc.

Profile

Education BA in Accounting, Pacific Lutheran University, Tacoma WA, 1981

Certifications Certified Management Accountant, 1989

Board of Directors Worldwide Energy & Manufacturing USA, Inc. (OTC: WEMU),

Director and Audit Committee Member (2009 - Present),

Firehole Technologies (Private, 2008 - Present), Advisory

Board

Advisor: Colorado Green Tech Advisory Group, The Boulder Innovation Center

2009 - Present

Lecturer: University of Wyoming (2008 & 2009 Survey of Engineering

Management), 2008 - Present

Subject Matter Expert: Invited Judge for Business Plan Competition,

University of Denver/ Daniels College of Business, Spring

2010



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