BioTraits, Inc. Appoints Chief Financial Officer in Face of More Than $1 Million in Upcoming Contracts

BioTraits, Inc. Appoints Chief Financial Officer in Face of More Than $1 Million in Upcoming Contracts

ORLANDO, Fla. - BioTraits, Inc., the biometric technology company that provides customized biometric software and turnkey security/IT solutions for a wide range of clients, has appointed Patrick J. Jannotti chief financial officer.

Peter Wengert, founder and chief executive officer of BioTraits, Inc., said Jannotti has a masters degree in Business Administration from the University of Central Florida and more than 15 years of experience in software and information technology. Most recently, Jannotti was senior financial director for Tech Grant Management Consultants and director of strategic alliances for SunGard/HTE.

Wengert said BioTraits anticipates significant growth through the end of this year.
“Currently, we have contracts valued at more than $1 million in process and needed to expand our management team to handle the growth we are experiencing. Patrick will fill the critical role of overseeing all of our financial strategies and activities,” Wengert said.

BioTraits Inc. is a University of Central Florida Business Incubation Program client at the Incubator in Research Park.

For more information about this release contact:
Peter A. Wengert, CEO BioTraits, Inc. 3267 Progress Drive, Suite 103, Orlando, FL 32826; 866-815-0888 or peter@biotraits.com

Carol Ann Dykes, Site Manager, UCF Business Incubation Program, 407-882-0211, cdykes@mail.ucf.edu

Thomas O’Neal, Executive Director, UCF Incubation Program, 407 882-1120, oneal@mail.ucf.edu

Larry Vershel or Beth Payan, Larry Vershel Communications, 407-644-4142 or LvershelCo@aol.com

About BioTraits:
Founded in March 2003, BioTraits, Inc. is a biometric company providing solutions for biometric identification and verification products through its development of a suite of workforce management products and distribution of biometric access control products. For more information, visit www.biotraits.com.

About the UCF Business Incubation Program:
Since its founding in 1999, the UCF Business Incubation Program has helped more than 100 emerging companies (including nearly 70 current clients) create over $500 million in annual revenue and more than 1600 new jobs with an average salary of $59,000. With five facilities across the Greater Orlando community, the Incubation Program is a collaboration in economic development between the University of Central Florida, Orange County, the City of Orlando, Seminole County, the City of Winter Springs, Lake County, the City of Leesburg and the Florida High Tech Corridor Council. For more information, please visit www.incubator.ucf.edu.