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Wayzata, MN – April 13, 2007 Andcor places CFO for HALO Innovations Inc. Andcor Companies, Inc., the venture catalyst for Minnesota's most promising emerging companies announced today that Robert M. Hiben has joined HALO Innovations, Inc. as chief financial officer. Before joining HALO Innovations Mr. Hiben was chief financial officer for 2nd Swing Inc., a specialty retailer in the business of buying, selling, and trading pre-owned and new golf clubs and related equipment. Previously Bob served as chief financial officer for FuncoLand, a 400-store retailer of new and preowned video games which was sold to Barnes & Noble (GameStop) for $163 million, and later HighJump Software, Inc. (3M). Mr. Hiben began his career at Wilson's The Leather Experts Inc. "Bob brings strong financial acumen to our business," said Charles Dorsey, Halo Innovation's president and chief executive officer. "His experience in emerging, high-growth ventures is particularly valuable to Halo and really helps strengthen our management team." About Halo Innovations HALO Innovations has a singular mission: to help create a healthy and safe sleep environment for people of all ages. Founded in 1994 by William Schmid, who began researching sleeping environments after he lost an infant daughter to SIDS three years earlier, HALO is dedicated to developing products that set new standards for the safety and improved health of sleeping infants and to bringing peace of mind to one's home. In addition to the HALO SleepSack&trade wearable blanket, the company also manufactures an innovative Active-Airflow&trade crib mattress designed to reduce the risk of re-breathing and eliminating allergens in the crib. For more information visit www.halosleep.com. |
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