About
|
A publicly-traded technology commercialization company, Avisio's mission is to unlock the value of high-potential assets and transform them into high-value businesses. Leveraging an experienced management team, best-of-breed commercialization processes and resources, and access to worldwide capital sources, Avisio is able to efficiently manage every detail of this complex transformation process from “asset concept to customer’s hands”.
Avisio seeks to acquire high-potential assets, create a majority-owned private business entity around each asset, infuse the capital needed to jump-start and build each portfolio company to a highly profitable level, and exit the private company by selling it or taking it public. By replicating this process multiple times per year, Avisio will leverage its resources across a cadre of business units creating a consistent and predictable revenue and cash flow stream.
|
|
 |
Amro Albanna, Chairman & CEO
As founder of multiple startup technology companies, Albanna has many years of experience managing and growing public and private companies. With a keen ability to turn concepts into well capitalized ventures, his first startup was acquired by a NASDAQ-listed company in 2000 and was later involved in a reverse merger transaction on the American Stock Exchange.
As CEO of Actiga Corporation, now Avisio, Inc., Albanna directed the development of active motion video game controllers for the Microsoft Xbox and Sony Playstation consoles, and the subsequent adoption of a new direction and business model for the company. He's also a business consultant specializing in capital formation growth via M&A and joint ventures, strategic planning, global sales and marketing, and business
|
|
development in North America, Europe, Asia, and the Middle East. Albanna’s expertise has been recognized by numerous awards including a United States Presidential Citation Award and a Small Business of the Year Award. He serves on various boards such as CSU’s Center for Entrepreneurship and the City of Riverside’s SmartRiverside initiative. His professional affiliations include the University of Southern California Trojans CEO Forum, the Riverside Technology CEO Forum, and the Tech Coast Angels.
|
|
 |
Stephen Abbott , Acting President
Prior to joining Avisio, Abbott headed the third company he has formed - an independent management consulting organization specializing in the mentoring/coaching of growing ventures and providing support for mergers and acquisitions, including financial analysis, valuation, prospectus development, and negotiation. Prior to this venture, Abbott was Chief Technical Officer at Fiserv Insurance Administrative Solutions Group and a former Business Unit President responsible for increasing revenue 126% in 30 months. In the late 90’s, he held the positions of Partner, President, CEO, and CTO at Specialty Insurance, a company he formed and later sold, to develop software systems for the property and casualty insurance industry. Abbott was also involved in forming Interstate Data Systems, a technology company created in response to a lack of analytical systems in the insurance marketplace at the time.
|
| Abbott has an Executive Masters of Business Administration from the Peter Drucker School of Management at Claremont Graduate University. He teaches classes in entrepreneurship as an adjunct professor at California State Universities, Fullerton and San Bernardino and at Chapman University. He is also a member of the Tech Coast Angels investment network. | |
 |
Albert Cervantes, CFO
Prior to joining the company, Cervantes served as Chief Financial Officer of Soboba Band of Luiseño Indians where he was responsible for strategic planning of future commercial developments, closed a $45 million line of credit and negotiated a $300 million loan for new construction financing, in addition to directly controlling all tribal financial and accounting activities. He has also served as the VP of Finance and Administration for Protection Service Industries from June 2004 until March 2005. From 1997 to 2004, he served as Chief Financial Officer of Locus Direct Marketing Group, Inc. and Specialized Direct, Inc. subsidiaries of SourceLink, Inc. Previously, Cervantes spent more than a decade in the entertainment business, serving as Vice President of Finance and administration at KTTV Channel 11, a Los Angeles-based television station, as Vice President/controller at Fox Inc., a global entertainment corporation, and as Director of
|
| Corporate Accounting at Twentieth Century Fox Film Corp. Cervantes received a Bachelor of Arts in Economics from Stanford University, a Masters in Business Administration from University of California Los Angeles, and is a certified public accountant. | |