Sigma Labs, Inc., Santa Fe, New Mexico, USA, has appointed Mark K Ruport, an accomplished software industry executive, as its new Executive Chairman and a member of the company’s Board of Directors.
Ruport brings over thirty years of public and private company experience in the software sector to his position at Sigma Labs and will leverage his history of building companies through strategic relationships, joint development agreements, innovative sales strategies and a focused management of day-to-day operations. The company states that Ruport will work with John Rice, CEO and board member, to drive the company’s market momentum, accelerate its growth and increase shareholder value.
Prior to joining Sigma Labs, Ruport served as Executive Chairman of Content Analyst Company, a developer of advanced analytics software for searching and analysing unstructured text until its acquisition by its largest customer in 2017. Previously, he served as President and CEO of Configuresoft, a venture-backed Enterprise Systems Management company where Ruport orchestrated an OEM contract that later led to the acquisition of the company by EMC.
Prior to Configuresoft, Ruport served as Chairman and CEO of Optika, a venture-backed Enterprise Content Management Company that he led from a start-up of thirty employees through an Initial Public Offering, international growth and a successful transaction to merge with Stellent, Inc., which was subsequently acquired by Oracle. He was also CEO of Interleaf, a public software company and held senior executive positions at Informix (later acquired by IBM) and Cullinet (later acquired by CA, Inc.). He completed a BSc in Business and an MBA from Bowling Green State University.
“As evidenced by the recent progress with OEMs, end users and Additive Manufacturing integrators, our business is now at an inflection point that requires an industry veteran to amplify our success and accelerate our market penetration alongside strategic partners with a keen interest in our technology,” stated John Rice, Chief Executive Officer of Sigma Labs. “Mr Ruport’s long history of taking companies through various stages of growth will be invaluable as we enter the next phase of our growth cycle. We believe there is significant potential for shareholder value creation and look forward to unlocking this for our shareholders under Mark’s leadership.”
Ruport commented, “The ability to have an immediate, tangible impact on Sigma Labs with the apparent adoption of its incredible technology in the marketplace is a unique and exciting opportunity. My focus will be on accelerating our commercial adoption with strategic partners and amplifying the recent success John and his team have achieved. This blueprint is something I am very familiar with given my experience with disruptive companies in the software sector and I look forward to working with the entire team at Sigma Labs to drive forward its strategic initiatives.”