About Recondo Technology

George F. (Rick) Adam, Jr.

Chairman and Chief Executive Officer

Rick Adam is Chairman and Chief Executive Officer of Recondo Technology. He founded the company in 2007 with the goal of developing software and services designed to bring efficiencies and cost savings to the handling of healthcare payments, a process that currently costs the medical industry a staggering $375 billion in annual expense.

Mr. Adam also founded New Era of Networks (NEON). NEON products were leaders in electronic data interchange (EDI) and application integration for healthcare, financial services, and manufacturing/distribution. At Baxter Healthcare Corp., Mr. Adam founded and led the Trevino Healthcare Information Systems (also called IBAX) which automated several hundred hospitals. The software applications automated and integrated admitting, patient accounting, pharmacy, and material management. Mr. Adam also has extensive experience in the financial services industry where he led efforts to streamline administrative costs.

Mr. Adam holds a BS degree from the U.S. Military Academy, West Point, New York. As a captain in the U.S. Air Force, Mr. Adam served as launch crew officer in charge of the Real Time Computer Center (RTCC) at Kennedy Space Center for Apollo Missions 8 through 14. He has served on the Colorado Governor's Commission on Science and Technology. Mr. Adam is a Director of Life Technologies, a leading company in life and genetic sciences.