Abe Schwartz is President of Schwartz Technologies Corporation, which specializes in developing emerging growth companies. Mr. Schwartz has 35 years of experience in launching and commercializing healthcare and information technologies, arranging global licensing and distribution agreements, as well as negotiating corporate financing, reorganizations, and mergers and acquisitions.
Mr. Schwartz’s first start-up in 1975 was Polaris Technology Corporation, which was sold to a division of Crown Life Insurance in 1983 for $10 million. Mr. Schwartz spent the next two years negotiating mergers and acquisitions for Crown Life Insurance including the acquisition of the Computer Corporation of America, a complex $50 million transaction that required the approval of the U.S. Department of Defence.
Thereafter, Mr. Schwartz continued to start and invest in early stage technology companies. In 2000, he sold The Workflow Automation Corporation to Silicon Valley- based BEA Systems Inc. for $42 million. In 2002, Mr. Schwartz was appointed CEO of Cedara Software Inc., a TSX and NASDAQ listed medical imaging company. Under Mr. Schwartz’s leadership, the company's stock went from $0.50 to $15 in a successful merger transaction completed in 2005. Mr. Schwartz continues to invest in and mentor emerging growth companies as well as getting involved with grassroots philanthropic projects.