Human Resources Customer Service

CEO-President-COO Donald B. Crosbie

Proven ability to successfully turn around & build million $ firms for acquisition – 30 years

PBottom Line Oriented PTrusted & Respected PFinancially Adept PArticulate & persuasive

Claimsnet.com Inc. Chairman, President & CEO 2002 - 2016

Responsible for preparing company for a successful acquisition

Turned company around, settled with creditors at 19 cents on the dollar

Recruited, hired, mentored, motivated, supervised a staff of eight executives

Accounting

IT

Customer Service

Legal

Sales & Marketing

Product Development

Human Resources

Investor Relations

Restructured the balance sheet and reduced the burn rate 85%

Xactimed, Inc. President and CEO 2001 – 2002

Led a $3 million turn around with a 300% sales growth & a 40% expense reduction

Blue Wave Systems President and CFO 2000 – 2001

Responsible for preparing the firm for a successful acquisition by Motorola ($135 million)

Increased profits by 113% from a budgeted $3.6 million to $7.7 million

Led cost control & people productivity resulting in forecasted sales of $40 million

Over USA operations, Sales, Marketing, Human Resources, Accounting and Legal

Rheumatology Research International CEO 1997 – 1998

Accomplished strategic plan to stop losses, build profits and sell the company

Grew revenue by 350% & turned operating losses into a 30% pre-tax profit

ComVest Partners Founder 1995 – 1996

Raised capital in IPO’s & Secondary offerings including NetSpeed sold to Cisco

Recommended stocks to institutional fund managers, profitable in 1st month

Became a NASDAQ Market Maker specializing in technology start ups

InterVoice www.intervoice.com 1984 – 1994

Executive VP & CFO (1991 – 1994)

Increased profits 135% on an increase of 47% in sales

Responsible for all aspects of the company including Profit & Loss & annual reports

Budgets

Revenue

Legal

Cash flow

Investor Relations

Road Shows

SEC Compliance

Human Resources

Sr. VP (1990 – 1991)

Led world-wide sales & marketing in 30 countries via direct sales & distributors

VP of Marketing (1984 – 1990)

Grew sales from scratch to $24 million in 4 years through a variety of vertical markets

Marketed voice response systems -direct mail, media, editorial, trade shows & telemarketing

Established a network of value added resellers, system integrators & distributors in USA, Europe, South Pacific, Central & South America and the Middle East

60% direct & 40% indirect sales achieved with 20 VARS

Bachelor of Commerce Victoria University – New Zealand 1966

Happily married, willing to travel, excellent health, outstanding professional appearance

C: 214-***-**** ad1ukt@r.postjobfree.com

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