About Segway
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Segway Inc. Announces Appointment of Chief Financial Officer and Vice President of Sales
BEDFORD, N.H. – January 4, 2006 – Segway Inc., developer of Segway Smart Motion™ technology and manufacturer of the Segway Personal Transporter (PT), today announced the appointment of Brian Cohen as Chief Financial Officer and Jason Barton as Vice President of North American Sales.
Cohen brings 20 years of high-tech financial leadership to Segway in rapidly growing early stage and publicly traded companies. In his role as CFO, Cohen is responsible for managing the finance, information technology, legal, operations and human resources functions at Segway. Since joining Segway he has already realized significant achievements for the company, including completing a new round of financing.
Prior to joining Segway, Cohen served as CFO for PHT Corporation, a provider of advanced information technology solutions for the pharmaceutical industry. His background also includes CFO positions at technology companies , including Telebit, Yantra and WebLine Communications. He managed the merger and acquisition process of Telebit and WebLine by Cisco Systems, Inc. He began his career at Price Waterhouse.
“In a very short time Brian has already added tremendous value to Segway. He has successfully ushered us through a number of significant milestones, while creating an infrastructure for growth as the company aims to improve profitability,” said Jim Norrod, chief executive officer, Segway Inc. “Brian’s depth of experience working with global technology companies will be an invaluable asset in evolving Segway’s business model and supporting our aggressive growth strategy.”
Cohen is a certified public accountant and holds a bachelor of science in accounting from the State University of New York at Oswego.
Jason Barton has recently been appointed vice president of sales at Segway Inc. Barton has experience leading sales organizations in the U.S., as well as in Europe, and joins Segway from Palm Inc. where he held progressive sales positions during the last four years. Most recently he served as Palm’s U.S. enterprise sales director where he led the business, vertical and federal market teams. Prior to working at Palm, he was responsible for global enterprise sales at MCI/WorldCom and directed U.K. sales and marketing for Precor Inc., a U.S.-based manufacturer of sports and fitness equipment.
In his role at Segway, Barton will apply his expertise in building successful and dynamic sales organizations while managing multiple sales channels. He will be responsible for all sales efforts in North America and for the development of sustainable commercial and Government sales businesses.
“Jason is an excellent addition to our executive team with his impressive background in creating strong channel partnerships and cultivating key commercial markets,” Norrod said. “Jason will work to create new markets and drive the support and expansion of our dealer network which is central to driving the adoption of Segway products.”
Barton earned a bachelor of arts degree from the University of Wales in the U.K.
About Segway
Segway Inc. develops intelligent motion control technology known as Segway® Smart Motion™ that is embedded in the light electric transportation devices it manufactures, such as the well-known Segway® Personal Transporter (PT). Segway Smart Motion provides intelligent motion control that enables a device to monitor its environment, control its motion and make decisions about how it should move.
Segway markets a full line of zero-emissions Segway PTs for sidewalk and cross-terrain use that deliver impressive energy efficiency – equivalent to 450 miles per gallon/191 kilometers per liter of fuel. The company’s line of Segway Robotic Mobility Platforms (RMPs) offers reliable, durable mobility solutions for robotic applications.
Segway Inc., based in Bedford, N.H., U.S.A, has a worldwide distribution network of more than 250 retail points in 61 countries. For additional information about Segway and to find retail locations, please visit www.segway.com or call 1-866-4SEGWAY. Media materials and digital images are available at the Segway Press Center.
