The Telmarc Group

A Technology Investment and Management Company

Principals

Dr. Terrence P. McGarty    

Dr. McGarty, Managing Partner, has been the founder of Telmarc and has been with the Company since its founding in 1984, except during the period of 1986 thru 1992, when he left to join NYNEX. Dr. McGarty holds a Ph.D. from TPM 2014MIT in Electrical  Engineering and Computer Science, has studied in the joint MIT/Harvard HST program in Medicine. He has been President of Warner's Electronic Media Company, and COO of NYNEX Mobile Communications Company.

Dr. McGarty has been personally involved in the structure, financing, operations and management of most of the Telmarc investments. He has managed businesses world wide and has had offices in Prague, Warsaw, Athens, and Bangkok, as well as operations in over twenty five countries. He has written extensively in the area of telecommunications and other areas and is a recognized expert in many litigation support areas. Dr. McGarty had recently also returned to MIT (2005-2012), on a pro bono basis, as a Research Affiliate in RLE in the Department of Electrical Engineering and Computer Sciences where he advised doctoral students in the communications area and had begun investigating genomics for potential development and investment opportunities. He started his career at MIT both as a student and a faculty member.

Dr. McGarty is the author of fourteen books including Business Plans that Win Venture Capital, Wiley (1989). He was Vice Chairman of the National Academy of Sciences Presidential Committee on the Internet (1998-2000) Dr. McGarty has been on the boards over two dozen companies including MDSI, a public company, in which he was also head of its Audit Committee.

Dr. McGarty is supported by colleagues with whom he has worked with in the past. These colleagues are independent advisors to Telmarc and have participated in various prior investments and management positions in Telmarc entities. tmcgarty@telmarc.com

Mr. Andrew Gregor

 

Andrew Gregor serves as an adjunct Senior Managing Director of Telmarc, practicing in our business development, financing and private equity practice. Most recently, Mr. Gregor has been responsible for Corporate Finance and Business Development, as a Senior VP and Treasurer at Sirius XM Satellite Radio. In his years at Sirius, he lead  successful expansion efforts in Canada and other parts of the world, and was also responsible for over $3 billion in debt and equity  financings.

 

Most recently, he led the restructuring of the Sirius balance sheet, caused by its strategic merger with its major competitor, XM.  .  He has previously held executive positions with a number of major public and private companies in the US and Europe, with responsibilities as a CFO for financings, acquisitions, divestitures, financial reporting and controls and strategic planning. Previously, Mr. Gregor was the Chief Financial and Administrative Officer of Zephyr Communications, a Telmarc investment.

 

At Zephyr, he along with the CEO raised over $100 million  in venture financing and managed its operational  rollout in the US and Central Europe. Prior to Zephyr, he was Chief Financial Officer of several publicly traded media, entertainment and consumer goods companies, including GT Interactive, a leading video game developer which he took public in the largest venture backed IPO of 1995, and Lillian Vernon, the specialty direct marketing retailer. During Mr. Gregor's career, he has been personally responsible for in excess of $7 billion in financings, and a like amount of acquisitions and divestitures. He began his career in investment research and spent much of his career in the Controllership and Treasury areas of major public corporations. Mr. Gregor has assisted Telmarc through his own company, Putnam Capital Services, LLC, in several investment evaluations.

 

Mr. Gregor holds an MBA from the Wharton School where he was recognized as a Baker Scholar, and a BA from Wesleyan University.

gregor@telmarc.com

Dr. Lloyd Nirenberg

Dr. Nirenberg is Senior Technology Advisor of Telmarc and represents Telmarc in Silicon Valley. Dr. Nirenberg has contributed extensively to many of the key innovations in communication system design and financial engineering. He has over 30 years experience in diverse wireless communications industries as an engineer, general manager,

 deal-maker and consultant. He has experience gained from working on satellite communications systems, terrestrial digital radio and packet switching networks, and developing semiconductors for wireless communications. Some of his technical innovations are marked by publications in IEEE journals. Dr. Nirenberg also innovated in the valuation of intellectual property, by applying techniques in financial engineering to managing risk and value in IP transactions. 

Currently he applies his expertise in technology, economics and competition to assist clients craft strategies for growth in the face of varied opportunities and risks. Business operations seeking help defining product road maps or placing a value on their IP can benefit from consulting him
. He has a Ph.D. (EE) from UCLA, and was a Hughes Doctoral Fellow. Dr. Nirenberg and Dr. McGarty have been associated for almost fifty years working on a variety of commercial and Government projects.

lnirenberg@telmarc.com

Mr. Archie D. Typadis, J.D.

Mr. Typadis
is a Senior Advisor of Telmarc and is President of Linear A Communications. He is also CEO of Erevnos, a start up in the area of mass spectrometry software. He is an attorney in private practice with a concentration in telecommunications law. Most recently, Mr. Typadis has been involved in the development, financing, and management of fiber to the home optical networks in rural New England. From 1996 until 2001, Mr. Typadis served as Executive Vice President and General Counsel and director of COMAV Corporation, a facilities based competitive local exchange company providing local, long distance telephone, and high speed Internet (DSL) services.

 Mr. Typadis identified, negotiated and closed on the initial capital financing of the COMAV. Mr. Typadis represented COMAV in merger and acquisition negotiations and had overall responsibility for all due diligence compliance on $150 million high yield equity financing offering. Mr. Typadis negotiated and closed all employment, regulatory matters, real estate, vendor financing, and equipment and property leases. Prior to joining COMAV, he served as General Counsel to two telecommunication startups. For the past 25 years, Mr. Typadis' practice has concentrated in telecommunications, corporate, banking and litigation matters. Mr. Typadis holds a Bachelor of Arts degree in Economics from Northeastern University and a Juris Doctor degree from Suffolk University Law School. Mr. Typadis has provided Telmarc with his legal support and services as well as the introduction of new investment opportunities. He has been associated with Telmarc for twenty years as an affiliate. Mr. Typadis was key to Telmarc's investment in COMAV as a founder and as the CEO.

Jonathan Turkel, Esq.

Mr. Turkel is an adjunct Managing Director of Telmarc. From 1994 through 2012, Mr. Turkel was a senior lawyer and investment advisor to a high net worth family in Manhattan which made numerous private equity, venture capital and real estate investments totaling in excess of $200 million. JonathanMr. Turkel assisted the family in evaluating hundreds of proposals for financings and in structuring, negotiating and documenting their investments. He was also a director of several companies in which the family had a sizeable investment, including Versa Systems, Inc. a software company headquartered in Toronto, and Zephyr, where he worked with Dr. McGarty and Mr. Gregor. Mr. Turkel was also a partner of the investment general partner of a venture capital fund in which an affiliate of the family was the lead investor.

 Prior thereto, Mr. Turkel was a First Vice President  in the investment banking division of Lehman Brothers for six years and was associated with a major NYC law firm. 

 Mr. Turkel received a Bachelor of Arts, summa cum laude , from New York University and a Juris Doctor, summa cum laude, from the NYU School of Law, where he was a member of the Law Review and the Order of the Coif. - jturkel@telmarc.com

 

S. Ted Treves, MD:

Dr. Treves is a Senior Advisor in the Health Care Area to Telmarc. Ted Treves was the Chief, Division of Nuclear Medicine Children’s Hospital, Boston. Ted Treves' research is directed along two paths: integrating systems in medical imaging and optimizing the use of nuclear medicine in pediatrics. In the first, he has evaluated new technologies for implementation. One recent implementation, the Picture Archiving and Communication System, has largely reduced the use of film in diagnostic imaging and allowed image sharing throughout the Children's Hospital enterprise. In the second, he has conducted numerous evaluations of existing and emerging technologies and participated in multi-center trials of nuclear medicine imaging in children.

Ted Treves received his MD from the University of Buenos Aires. He completed his residency in nuclear medicine at Royal Victoria Hospital, McGill University and a nuclear medicine fellowship at Yale University Medical Center. He is also Director of the Harvard Medical School-Joint Program in Nuclear Medicine. Dr. Treves and Dr. McGarty have worked jointly for almost 30 years on medical imaging systems and their applications.

Howard Reis

Howard Reis is a Senior Advisor in the Health Care area to Telmarc.  Prior to a brief tenure in the Medical Imaging group at Accenture, Howard was Vice President of Sales/ Director of Business Development at Imaging On Call, a teleradiology provider which was acquired by RadNet, Inc.  Previously Howard worked at the intersection of the healthcare and telecommunications industries, delivering high speed broadband data communication to hospitals and other medical facilities.  At Telcordia Technologies (formerly Bellcore) Howard was Vice President in the Professional Services division providing consulting services to start-up companies in the telecommunications industry.  Howard’s first exposure to Medical Imaging was as a project manager at Nynex Science and Technology for its Media Broadband Service, managing early telemedicine trails with four teaching hospitals.  Howard has an MBA in Finance from NYU and has published several articles on Teleradiology, Telecommunications and Telemedicine. hreis@telmarc.com

 

Ms. Kristin Bottner

Kristin is a Senior Associate at Telmarc and has been affiliated with the company since 1996. Kris has been active in facilitating and supporting multiple financings of the various investments during that time, preparing investor information, and communicating with investors. Kris was a key participant in managing the investments in the Telmarc related entities in the Czech Republic, Greece, Poland, Russia, Thailand, South Korea and Germany. She also provided support related to the due diligence on various investments and in training of new acquisition staff on company methods and procedures. Kris hold degrees from West Virginia University (BA and MA).

 

The Telmarc Principals have worked together in many ventures over the years and they each have extensive business experience which they bring to each new opportunity.