Stillwater Scientific Instruments, a developer and manufacturer of advanced analytical instrumentation, announces that David Ferris has been named executive chairman of the board of directors
Ferris brings a rare combination of engineering, business development, operational, and entrepreneurial experience to Stillwater that will help the company capitalize on its recent successes, including the first commercial sale of its mass spectrometry instrument, and its announcement at this summer's American Society of Mass Spectrometry conference that the instrument has achieved a major performance milestone of a fivefold increase in mass resolution of close to 5000.
"Stillwater is quickly moving beyond its initial development phase, and we are excited to have Dave's experience to help guide the Stillwater team toward commercial success.
"He has significant engineering expertise and success in growing companies with complex technology, and we are eager to benefit from his knowledge and talent," says Mark Kaplan, CEI Ventures Partner, and member of the Stillwater board.
CEI Ventures led Stillwater's Series A investment financing in 2005.
"Stillwater has exciting, disruptive technology that has the ability to transform the mass spectrometry marketplace," says David Ferris.
"I have worked on the creative side of technology businesses, and on the business side, and look forward to bringing those experiences to Stillwater to help shape and grow this dynamic company".
Ferris is a Maine native who has pursued his entire educational and professional career in state.
He brings a wealth of financial, management and engineering experience to Stillwater from his distinguished career at Maine technology firms, including positions as design manager at Fairchild Semiconductor; as founder and president of Quadic Systems, an integrated circuit design service firm that Ferris managed from a five-person start-up to a 40-person firm that was sold in 2000 for $45 million in cash and stock; as vice president and general manager of the US R+D division of Tundra Semiconductor, a Canadian telecommunications integrated-circuit company and later as vice president of strategy and business development for Tundra.
He received his BS in engineering physics and his MS in electrical engineering from the University of Maine, Orono, and in 1992 was named Maine Entrepreneur of the Year by his peers at the Maine Society of Entrepreneurs.
