February 2, 2016 -
Rx Safes, Inc. has appointed William V. Koch as chief sales and marketing officer and Faruk Okcetin as vice president of professional sales.
Rx Safes provides biometric medical security solutions for the prescription (Rx) and over-the-counter (OTC) drug security sectors to address Rx and OTC drug diversion and abuse including patented fingerprint technology for drug security solutions for use in homes and healthcare facilities.
Mr. Koch’s previous experience includes developing sales and marketing programs for Pitney Bowes and The Tweddle Group, where he was directly credited for sales growth exceeding $135M annually. In his new position Koch will work to strengthen the position of Rx Safes’ technology and products as well as expand sales and marketing initiatives.
Mr. Okcetin is an accomplished medical device and equipment sales executive, and a founding partner at Aspire Medical Services. Mr. Okcetin’s experience includes working directly with hospital decision makers, physicians and managing sales personnel.
“Building an experienced sales and marketing executive team was a critical component of the Company’s growth initiatives,” commented Lorraine Yarde, Rx Safes’ chief executive officer. “We are fortunate to have existing board members join our executive team who share our vision for the application of biometric technology in an underserved market. I believe we are uniquely positioned to use our technology to help healthcare organizations address the direct costs and potential liabilities associated with drug diversion and abuse.”
Just last week, Rx Safes, Inc. signed a licensing agreement with Talon Brands LLC. This is the first licensing agreement for Rx Safes and introduces a new source of revenue for the company outside of the healthcare market focus. Talon Brands will become the preferred distributor of Rx Safes’ products and will also introduce them through its existing and established distribution channels, which include Grainger and Home Depot.