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October 06, 2015 1:36 AM ET

Health Care Technology

Company Overview of TeraRecon, Inc.

Company Overview

TeraRecon, Inc. develops and provides enterprise medical image management software for healthcare applications in the United States and internationally. The company develops portfolio of products and technologies that advance the performance, quality, functionality, and integration of image processing and 3D visualization systems. It offers iNtuition, an enterprise-wide image management and visualization solution that supports a range of tools for neuroimaging analysis and research, oncology and clinical research, volumetric cardiac and coronary imaging, and vascular and interventional planning. The company also provides iNtuitionREVIEW, a multi-modality, multi-monitor, and 2D/3D/4D review a...

4000 East 3rd Avenue

Suite 200

Foster City, CA 94404

United States

Founded in 1997





Key Executives for TeraRecon, Inc.

Chief Operating Officer
Age: 65
Chief Technology Officer and Vice President of Engineering
Director of Marketing and Communications
Compensation as of Fiscal Year 2015.

TeraRecon, Inc. Key Developments

TeraRecon, Inc. Announces Management Changes

TeraRecon announced leadership changes designed to strengthen the company and position it for the next phases of growth and solution development. Venkatraman Lakshminarayan, who served as CFO since 2005 and CEO since 2014, has stepped down to pursue other interests. He is succeeded by Jeff Sorenson, who will lead the company as president. Sorenson joined the company in 2004 and was most recently SVP of sales and marketing.

TeraRecon Appoints Randolph Sternberg as Director of Sales and Stefan Phillips as Director of Operations

TeraRecon strengthened position in the EMEA market with the appointments of Randolph Sternberg as Director of Sales and Stefan Phillips as Director of Operations. Randolph Sternberg will be responsible for sales and business development in Europe and will provide strategic guidance in emerging markets. He will play the key role in ensuring focus within the EMEA sales teams. Mr. Sternberg joins TeraRecon with many years of experience from companies ranging from the German IT group Mannesmann Kienzle, to Volkswagen and John Deere, in the areas of material management solutions. Stefan Phillips will be responsible for all service operations in Europe encompassing client services, clinical training, technical support, project management and installation. Mr. Phillips comes to TeraRecon with 15 years of healthcare experience ranging from pharmaceutical processes to personal health records and HIT Interoperability Systems.

TeraRecon Inc. Wins $30 Million Federal Contract

TeraRecon Inc., Foster City, Calif., was awarded a federal contract valued at up to $30 million by the Defense Logistics Agency Troop Support, Philadelphia, for the supply of radiology systems, subsystems, accessories, service, manuals and repair parts.

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