George Lauro, Distinguished Tech Entrepreneur, Joins ALine's Board of Directors

LOS ANGELES, Calif., April 7, 2015 (GLOBE NEWSWIRE) — via PRWEB – George has 25 years of experience as a technology entrepreneur, operating executive, and venture capitalist. He has built several tech companies from early stage to high value exit (MA or IPO), George is Founding Partner of Alteon Capital, a Technology Venture Development firm based in Cambridge, MA. He was Managing Director at Wasserstein Perella and head of West Coast technology investing, and was a Partner at Techfarm Venture Capital in Silicon Valley. He led and syndicated over 2 dozen private equity financing rounds for VC portfolio companies and completed over $1 billion in MA transactions. He ran Technology Commercialization at IBM Headquarters and launched several tech businesses spun from IBM Watson Research Center. George will work with ALine’s management team to develop and execute its accelerated growth strategy.

George Lauro added, “I am delighted to be joining ALine’s Board. I believe that the Company’s proprietary functional and material set and strong design and process team positions it for significant growth in the microfluidics and Lab-On-Chip sector. I look forward to helping the Company and team achieve this potential.”

Dr. Leanna Levine, President and CEO commented,”We are very happy that George recognizes the growth potential for our business. His distinguished career

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