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Scott Hammack |
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Scott J. Hammack, CEO of Active@AnyAge, is a proven leader and entrepreneur. Mr. Hammack has created over $335 million in market capitalization in the past 13 years through two ventures in healthcare and technology, MasterChart, Inc. and Cyberguard Corporation (NASDAQ:CGFW).
Mr. Hammack started MasterChart in the basement of his Illinois home in 1992 at the age of 26. MasterChart developed an electronic medical product, attracted $10 million in capital from Harris Corporation in1996, created several innovative software applications and, in May 2000, was acquired by Allscripts, Inc. (NASDAQ:MDRX) for $125 million.
In January 2001, Scott was brought in as Chairman and CEO of Cyberguard Corporation to perform a turn-around. Cyberguard had been de-listed from the NASDAQ Exchange and had a pending SEC investigation and class action lawsuit. With less than $1 million in cash and a market capitalization of only $15 million, the company was nearing bankruptcy. Over the course of the three year turn-around, Cyberguard became the technology leader in network security solutions to Fortune 100 companies and governments worldwide. The company was re-listed on the NASDAQ Exchange, settled its class action lawsuit, accumulated $15 million in cash and grew its market capitalization to $225 million. The company was profitable in 10 of the 12 quarters Mr. Hammack was leading Cyberguard and in his last year at Cyberguard, revenue was up 50% over the prior year. |