In a career spanning more than 20 years, Mr. Lustig has led the successful development and commercialization of products and services within the security, electronics and telecom industries. He has held executive level positions at organizations including Honeywell International (ADEMCO Security Group), General Instrument, Communications Satellite Corporation, and Booz Allen Hamilton. Most recently, Mr. Lustig was President and CEO of Expanse Networks, a developer of ePrivacy software solutions.

 

Herb earned a Master's in Business Administration at the Wharton School of the University of Pennsylvania and a Bachelor of Science at the University of Massachusetts, Amherst. He is co-inventor on one patent awarded and four more that are pending.

 

Invisa President, Steve Michael, stated, "Mr. Lustig has a history of achievement within industry sectors important to our company's future. He brings an outstanding track record of developing key industry relationships, both at a technical and commercial level. Throughout his career, Mr. Lustig has demonstrated an astute ability to plan, execute and manage, both strategically and tactically. His proven leadership expertise should help us at Invisa to further leverage our initiatives to bring new safety and security solutions to market, globally. We are extremely pleased to welcome Herb to Invisa."

 

J.A. Michie, Managing Director, G.M. Capital Partners, Ltd., the exclusive financial advisor for Invisa said, "We are delighted to work with the Company under Herb's leadership to commercialize the exciting Invisa technology. It is a unique opportunity to have such a highly experienced CEO in an emerging company."

 

Invisa COO Mr. Lustig said, "I am honored to be joining Invisa at this exciting time of transition in the company's history. Invisa has great potential for further growth, particularly through licensing and expansion into new market sectors. I look forward to leading Invisa to the next level and will focus single-mindedly on building long-term shareholder value."

 

Invisa's versatile, reliable, compact next-generation presence-sensing solutions are targeted to the $100 billion-plus global electronic life safety and security markets. InvisaShield™, a robust and advanced implementation of capacitive sensing technology, is highly resistant to known methods of circumvention. It does not employ infrared, laser, ultrasound or microwave radiation.