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Tuesday, 09/07/2010 10:50:05 AM

Tuesday, September 07, 2010 10:50:05 AM

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News: Needham & Company Co-Founder Raymond Godfrey Joins ComCam's Advisory Board

Last update: 9/7/2010 7:45:00 AM

WEST CHESTER, Pa., Sept 07, 2010 /PRNewswire via COMTEX/ -- ComCam International, Inc. (CMCJ) announced today that Raymond Godfrey has joined its Advisory Board to strengthen ComCam's initiatives in venture services for the United States Department of Homeland Security and tele-healthcare markets.

ComCam's Chairman and CEO, Don Gilbreath, stated, "Ray is an exceptional addition to our Advisory Board who brings to ComCam 40 years of proven experience in business development, marketing venture services and asset management."

In 1985, Mr. Godfrey co-founded Needham & Company, an investment banking and asset management firm focused on growth companies. He also led the successful restructuring of a $300 million NASDAQ company and in 1991 revived Laidlaw Equities. Mr. Godfrey joined Hampshire Securities in 1995 as principal and head of capital markets. After Hampshire was acquired in 1998 by Gruntal & Co., Mr. Godfrey served with Gruntal for two years as Senior Managing Director of Equity Capital Markets before rejoining Needham & Company in 2000. In his early career, Mr. Godfrey worked as Vice President of Business Development at Credit Suisse First Boston, Merrill Lynch and Time Inc. Later, he served as an Assistant Administrator of New York City under John V. Lindsay. Mr. Godfrey received his BA from Yale University and his MBA from Harvard.

In his new role with ComCam, Mr. Godfrey will be centered on many of the same areas as former Board member Albert White. ComCam accepted the resignation of Mr. White as a Director with the Company, effective Sept. 3, after 12 years of dedicated service.

ComCam International () develops network video command-and-control products and provides solutions and technical services to U.S. government agencies, Fortune 500 companies, research facilities, OEM, systems integrators and dealers worldwide. The company specializes in wireless IP, mobile, and wearable devices that are ideal for remote use in inhospitable environments.

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