– USA, NY – SCWorx Corp. (Nasdaq: WORX) today announced it has appointed Steven Wallitt, who is an experienced investor and advisor to investment funds, to SCWorx’s Board of Directors.
“Steven brings more than 25 years of working closely with both public and private companies to increase shareholder value. He understands the need to keep costs under control and allow management to focus on where the company needs to prioritize its resources,” said Marc Schessel, CEO of SCWorx.
“His experience in evaluating contract proposals and structuring agreements with other companies in the same field will enhance SCWorx software solutions relationships moving forward. In addition, he is an existing shareholder of the company who has been with us since before we went public and we believe he will help us toward our goal of building shareholder value,” he added.
About Steven Wallitt
Steven Wallitt has worked as owner and director of a packaging materials company since 1981. He is responsible for decision making in all areas of the company, including sourcing the best and most efficient methods for achieving maximum profitability and the highest quality standards. He has extensive knowledge in evaluating sales and marketing proposals. Beginning in 2008, he has been an investor in both private and public companies, as well as early-stage public companies with personal investments of $50,000 to more than $3 million. He has consulted for many of these companies in areas ranging from public market strategies, growth strategies, evaluating contract proposals, cost control and evaluating employee responsibilities in order to achieve maximum efficiencies. Since 2014, Mr. Wallitt has been an advisory board member to Redtower Capital, a California-based investment firm where he advises on all aspects of client identification, sales and marketing strategies and profit maximization. Since 2017, he has been a significant investor in Alliance MMA and SCWorx. Mr. Wallitt holds a BA degree in communications from Rider College, Lawrenceville, N.J.
About SCWorx Corp.
SCWorx has created The Ultraverse Platform an advanced attributed Virtualized Item Data Warehouse utilizing Machine Learning and Artificial Intelligence in order to offer a suite of SaaS-based solutions for healthcare providers. The value proposition for customers revolves around all solution modules being fully integrated with the Virtual Data Warehouse platform. The solution modules include Virtual Item Master, Contract Management and RFP Module, Automated Rebate Management Module, Data Interoperability Module, Automated Item Add Portal, Virtual General Ledger, and the Data Analytics module. SCWorx Ultraverse Platform creates a single source for accurate information for the healthcare providers’ data governance and data analytics for executives.
For more information: https://www.scworx.com
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