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The Circuit Announces Restructuring, President Blaine Clark Leaving, Jim Cunningham To Be Interim President




CINCINNATI, OH (PRWEB) July 23, 2004

The Circuit, an organization created to enhance the development of information technology-related companies and institutions in the Cincinnati area, today announced a reorganization designed to efficiently align with The GRID, a recently-formed collaboration of several entities designed to deliver a broad range of vital, focused resources to technology companies and high-growth business ventures.




As part of the restructuring, The Circuit’s President, Blaine Clark, will be leaving to pursue other opportunities but has agreed to work closely with the Circuit to insure an efficient transition. Jim Cunningham, currently the Executive Director of C-Cap (The Circuit’s angel capital hub) will act as interim president. Jim served as a trustee of The Circuit before helping start C-Cap, and previously was Vice President of Entek IRD, the Milford software and electronics company that was an Inc. 500 winner in 1998.

“Under Blaine Clark’s leadership, membership in The Circuit has increased significantly to more than 175 members today – many are the leading software and high technology businesses in the Greater Cincinnati area,” said Terry Wright, chairman of The Circuit’s board of trustees. “Blaine’s initiated industry scholarship programs and continuing education for members, aided in the evolution of the early-stage capital initiative C-Cap, and he was instrumental in the development of The GRID.”

“Going forward,” Wright explained, “The Circuit will be essential to The GRID’s ability to accelerate high-growth business ventures in the region.”

Although the alignment with The GRID is the key driver behind the board’s restructuring effort, the mission of The Circuit remains the same– enhancing the development of technology-related companies through networking, community-building, and educational initiatives.

About The Circuit

The Circuit is an organization created to enhance the development of technology-related companies and institutions in the Cincinnati area. The Circuit has more than 175 member companies who publish and sell software, hardware and computer-related services, and provide professional assistance to the technology community in the Greater Cincinnati area. The Circuit is a member of CRITA (Council of Regional Information Technology Associations). For more information, visit The Circuit online at http://www.thecircuit.net

About The GRID

The GRID is a collaborative effort, the purpose of which is to deliver vital, focused resources to technology companies and high-growth business ventures, accelerating the development of these ventures into wealth-creation and job-creation engines; and to ultimately transform the Cincinnati region into a nationally significant center of entrepreneurship and innovation.

For further information contact:

Jim Cunningham

C-Cap/The Circuit

513-791-2884 X202

http://www.thecircuit.net

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