Board of Directors
Thomas M. CandelariaDirector
In 2009, Thomas M. Candelaria, 60, began with SITO Mobile, Inc. (then known as Single Touch Systems, Inc.) as EVP of Corporate Development. Prior to joining Single Touch Systems, he was a private investor in several commercial real estate, angel-round, and start-up ventures. In 2005 he served as President of StreamWorks Technologies, up until the sale of the company’s patent portfolio to Single Touch Systems, Inc. In 1997, Mr. Candelaria co-founded Digital On-Demand, Inc. a private digital music distribution company that was later sold in 2000 to Alliance Entertainment, Inc. and subsequently merged in 2005 with Source Interlink (SORC). Prior to that, Mr. Candelaria was an Executive VP with Paine Webber, and Prudential Bache securities. He attended UC Santa Barbara majoring in Business Economics.
Mr. Baksa, who has previously served on the Board and is a significant stockholder of the Company, was a General Partner at The Vertical Group, a private equity and venture capital firm focused on the fields of medical technology and biotechnology. For more than 30 years, The Vertical Group has been an early stage investor and major shareholder of some of the medical technology industry’s most successful companies. Before Mr. Baksa joined The Vertical Group, he was co-founder of Paddington Partners, a firm engaged in special situation investing focused on public health care equities. Mr. Baksa holds an M.B.A. from The Rutgers School of Business and a B.A. in Economics from Gettysburg College.
Mr. Scotti has been a long-term shareholder with the company and most recently participated in Debtor in Possession (DIP) financing for the company.