SOURCE: Quantapoint

Quantapoint

October 12, 2009 10:15 ET

John Beall Named as CFO of Quantapoint

Extensive Background in Corporate Financial Management With Experience in the Process/Service Industries and Commercial Banking

PITTSBURGH, PA--(Marketwire - October 12, 2009) - Quantapoint (http://www.quantapoint.com) -- provider of laser scanning technology and services that provides precise facility as-built information for engineering analysis and asset management -- is pleased to announce that John Beall has been named as Chief Financial Officer. Based in Quantapoint's Houston office, Mr. Beall will play a key leadership role in solidifying Quantapoint's ongoing financial strength while ensuring that the company continues to meet its reporting and audit requirements as well as initiating and facilitating strategic growth.

"John brings a strong track record of global financial management and a proven ability to drive financial performance improvements in various business environments. He is an outstanding leader who brings the right balance of strategy, industry entrepreneurship and financial best practices," said John R. Wilson, President and CEO of Quantapoint. "He will play a key role in driving our organic growth plans while enabling us to develop, review and execute strategic options."

Mr. Beall added, "Quantapoint is an impressive company with solid partners and I am excited to join their outstanding management team. The company's growth is accelerating as customers recognize the visionary position and importance of its technology to help control and reduce costs and I look forward to helping achieve further success as a leader in the international marketplace."

Mr. Beall holds an MBA from Southern Methodist University in Dallas and a BBA from Baylor University. He has an extensive background in corporate financial management, with experience in both commercial banking and the process/service industries, including CFO at Hydrocarbon Processing and Manager, Treasury and Investor Relations at J Ray McDermott Inc. (formerly Offshore Pipelines, Inc.). Mr. Beall's most recent role was Vice President, Corporate Finance for PNC Bank in Houston.

About Quantapoint

Quantapoint uses patented laser scanning technology to create a high-resolution Digitized Facility™ of Laser Models™ (not "point clouds") that can be accessed directly, within various CAD packages or integrated with facility and asset information. By putting critical facility as-built information at our client's fingertips, Quantapoint has helped them reduce costs, optimize schedules, increase quality and improve safety. This helps our clients reduce project time, increase productivity and improve safety,. For more information on our technology and services, please visit www.quantapoint.com, e-mail info@quantapoint.com or call +1-412-653-0100.

Contact Information

  • For additional information, please contact:

    James McGill
    VP of Marketing
    Quantapoint, Inc.
    Telephone: 412-653-0100, x-200
    E-mail: jmcgill@quantapoint.com