Winland Appoints David Gagne New Chief Executive Officer and Director
MANKATO, Minn. -- December 03, 2012
Winland Electronics, Inc. (NYSE Amex: WEX) today announced the appointment of
David Gagne as its new Chief Executive Officer and Director.
Gagne joined Winland earlier this year as an advisor to the board, hired to
lead an outside project team to analyze and evaluate the company’s products,
competitors, sales channels and business strategy.
“David brings over 20 years of experience in the mobile communications and
software industry, most recently as the chief operating officer of Xata
Corporation, now XRS Corp.,” said Thomas Goodmanson, Chairman of the Board of
Directors of Winland. “Having led the project team that evaluated our business
over the past four months, David joins our company with a deep understanding
of our products, markets and opportunity. I am tremendously excited about the
perspective and expertise David brings to our company as our new CEO and
Prior to joining Winland, Mr. Gagne, served as chief operating officer at
Xata, a leading provider of SaaS and mobile solutions. Gagne joined the
company in 2007 as executive vice president in charge of field operations. In
his various roles he was responsible for sales, marketing, services,
distribution and customer support.
“I’m delighted to have the opportunity to lead Winland Electronics at this
promising point in its history,” Gagne said. “We believe there is a compelling
market opportunity in environmental monitoring that allows us to bring
together our expertise in software, hardware and services, leveraging our
EA800-ip technology and the business relationships we’ve already established.
The demand for cloud-based services and mobile solutions of this nature is
growing and the market is still in its early stages. Winland has an
opportunity to be at the forefront of this exciting new technology.”
Prior to joining Xata, Mr. Gagne was vice president, in charge of strategic
development with Lawson Software, at the time Minnesota's largest software
company. He also served as vice president of the Healthcare business unit with
revenues over $100 million. Mr. Gagne is a graduate of the Boston University
School of Management.
About Winland Electronics
Winland Electronics, Inc. (www.winland.com), is an industry leader of critical
condition monitoring devices. Products including EnviroAlert, WaterBug,
TempAlert, Vehicle Alert and more are designed in-house to monitor critical
conditions for industries including health/medical, grocery/food service,
commercial/industrial, as well as agriculture and residential. Proudly made in
the USA, Winland products are compatible with any hard wire or wireless alarm
system and are available through distribution worldwide. Headquartered in
Mankato, MN, Winland trades on the NYSE Amex Exchange under the symbol WEX.
Winland Electronics, Inc.
Brian Lawrence, 507-625-7231
CFO & Senior Vice President
The Carideo Group, Inc.
Tony Carideo, 612-317-2881
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