Peter H. Sayet
President, Chief Executive Officer
Mr. Sayet has over 25 years of experience in the health care industry. From 1981-1986, Mr. Sayet served as the key operations executive at Sayet Associated Pathologist Reference Laboratory, Inc. (SAPRL), a family owned company. He was instrumental in operating SAPRL through difficult financial times and was responsible for opening significant new markets and pioneering the computerization of the company during the early stages of the computer “revolution”. In 1987, Mr. Sayet conceived of, planned, founded and developed the Institute for Laboratory Medicine, Inc. (ILM), a 10,000 sq. ft. state-of-the-art medical laboratory facility. In just 2½ years, under Mr. Sayet’s guidance, ILM became the largest physician-owned medical laboratory in the nation, boasting over 500 physician owners and almost $10,000,000 in annual revenues. Within the ILM business plan, Mr. Sayet conceived of and guided the creation of the first ever bi-directional communication link between remote client and lab. That lab linkup is still state-of-the-art today. After leaving ILM in 1991, Mr. Sayet has continued to work on various other business plans, culminating in the formation of the Company and the conception and development of the PSS Flow Control Device technology. Subsequently, Mr. Sayet has now guided the PMD Company since its inception, including the accumulation of 8 US and 14 foreign patents on the PSS Flow Control Device technology while also completing the development and implant testing of six generations of the device, as well as, completing the Company’s first full manufacturing run of the device, which was followed by a 20-month implant testing protocol designed to verify the new technology is operating as designed without glitches in either the mechanical functions or software systems.
Francisco Tejada, Ph.D.
Dr. Tejada joined the Board as of October 1, 2014, when he agreed to an interim appointment to fill the seat held by his father, Dr. Francisco “Paco” Tejada, a longtime key supporter and contributor to PMD. Subsequently, Dr. Tejada was elected to the 2015 Board by a majority of PMD stockholders. He is the President of Sensing Machines, Inc., a company he founded in 2006 after completing an extended career in the Department of Electrical and Computer Engineering at Johns Hopkins University, Baltimore, MD, which dated back to 2000. He received his B.S. in Electrical Engineering (in 2000) and Computer Engineering (in 2001) from Johns Hopkins, and went on to receive his Ph.D. (Doctor of Philosophy) in Electrical and Computer Engineering (in 2006) also from Johns Hopkins. His career at Johns Hopkins spanning from 2000 to 2012 included beginning as an Undergraduate Research Intern and followed-on to Graduate Research Assistant, Post-Doctoral Fellow and finally to Adjunct Assistant Research Scientist. Dr. Tejada also spent some time as a technical staffer at Iguana Robotics (in 2000), also located in Baltimore, MD. He has had a substantive amount of experience in multiple areas of engineering and has been an author of over a dozen published abstracts and articles on a variety of engineering topics, including his Ph.D. thesis: Silicon on Insulator CMOS and Micro-electro-mechanical Systems: Mechanical Devices, Sensing Techniques and System Electronics. He has done contract work for a number of companies and has obtained several patents as a result of his work. Dr. Tejada has received a number of awards and honors, including, the Laboratory Hart Award for Excellent in Independent Research FY2006 and the MEMS Alliance: Best Poster Award, March 2004.
Mr. Balok joins the board as one of the largest and longest term investors in the Company and has had a varying career in a number of diverse areas of business, including in the restaurant business, ship building and general contract housing construction work, among other things.
Victor P. Krestow, M.D., FAAFP
Dr. Krestow has been a significant contributor to PMD over the years, and represents a substantive stockholder contingency. He has had a long and distinguished career as a general practitioner in the South Florida community, including being the South Florida Medical Director of the FBI for over a decade. He received his M.D. degree at State University of New York, Downstate Medical Center, and then continued his internship and residency training at Johns Hopkins- Sinai Hospital in Baltimore. He continues to be a Diplomate of the American Board of Family Medicine and is a Charter Fellow of the American Academy of Family Physicians (FAAFP). He was awarded lifetime memberships in the American Medical Association, the American Academy of Family Physicians, and the Dade County Medical Association. He currently holds an appointment as an Expert Medical Advisor (EMA) for the State of Florida, Division of Workers’ Compensation. He has further held a number of important positions at the Jackson Memorial Hospital – North (formerly Parkway Regional Medical Center) including past stints as Chairman of the Department of Family Practice and Member of the Hospital Executive Committee, as well as, having a distinguished military service career. Finally, he was a Clinical Assistant Professor at the Dept. of Family Medicine and Community Health at the University of Miami School of Medicine from 1994 to 2002.