Board of Directors

Michael Balboni

Founder and Managing Partner, Redland Strategies, Inc

Redland Strategies Inc., is a consulting firm that provides the expertise, experience, and contacts to help companies and agencies with business performance and growth.

Mr. Balboni also serves on several homeland security think tanks, charitable boards dealing with public health and is a regular contributor as a terrorism expert on national and local television and print media.

Before starting Redland Strategies, Michael had been a leader in New York security, politics and government. Following the tragic days of September 11, 2001, acting New York State Senator Balboni was appointed as the first Chairman of the Senate Homeland Security Committee. During his tenure, he wrote nearly all of the major laws relating to Homeland Security for New York State, many of which became models for national legislation.

In 2007, he left the Senate to become Deputy Secretary for Public Safety and Homeland Security Advisor for New York State where he managed an agency of 63,000 employees with a $5 billion budget. Michael also oversaw the creation of programs such as New York Alerts, the Critical Infrastructure Suspicious Activity Reporting system for the State, as well as ensuring that hundreds of millions of dollars went to state and local first responders to make our city and state safe.

In addition, Senator Balboni has served on transition teams for both President Obama and Governor Cuomo. He is also a Senior Fellow with the Homeland Security Policy Institute (HSPI) at George Washington University and serves on the Spending and Government Efficiency (SAGE) Commission.

Eli Finestone

Director, F&F Realty, Ltd.

Eli Finestone, is a Director at F&F Realty, Ltd., a real estate development and management company.

Mr. Eli Finestone, is a Director at F&F Realty, Ltd., a real estate development and management company that owns and operates seven hotels, five restaurants, a retirement community and assisted living complex and four upscale apartment communities in the Chicago area.  Prior to joining F&F Realty, Mr. Finestone was an associate at Pircher, Nichols & Meeks, providing counsel to private equity firms by offering sophisticated legal services for real estate transactions and related matters, including a particular emphasis on joint ventures and the sale and acquisition of real estate assets.

Mr. Finestone is a member of the Illinois State Bar Association, and graduated from New York University School of Law in 2003.

Avi Chai Outmezguine


Chai Outmezguine is Scanbuy’s CEO

He joined the founding team of Scanbuy at its inception and was in charge of developing strategic partnerships with mobile carriers, such as Sprint, Telefonica, and Vodafone, and handset manufacturers worldwide, such as Sony Ericson and Nokia.  Mr. Outmezguine also focuses on forming international commercial alliances. He held many positions at Scanbuy, first as its General Counsel, during which he focused on managing Scanbuy’s growing IP portfolio. For many years he was in charge of Scanbuy’s Global Business Development and was instrumental at developing Scanbuy’s services and taking them to market. 

Mr. Outmezguine graduated from Georgetown University Law Center, and the Law School of Essex University in England. He also holds a BA in Finance from the Business School of IEA, Paris. Chai is the holder of several patents on behalf of Scanbuy relative to the decoding and use of linear and two-dimensional barcodes

Simon Pelman

Board of Directors

With nearly four decades of business experience, Simon Pelman is a pioneer and innovator in the industry of health care administration.

He served as President and CEO of numerous New York City-area residential health care facilities that included over 1,000 beds and generated in excess of $100 million per year. Mr. Pelman brings his unparalleled business acumen to guide the company's expansion to serve the healthcare industry’s connection to barcode technology. He earned undergraduate and graduate degrees from Bernard M. Baruch College, along with a Post Masters Certificate in Gerontological Practice from Adelphi University, and an Associate Degree in Community Health Education from Hunter/Mt. Sinai Geriatric Health Center. Mr. Pelman has received numerous congressional citations and an accommodation for 25 years of community board service from the Queens Borough President.

Andrew Rashkow

CEO and President, Imbibe

Andrew Rashkow is CEO and President of Imbibe

Imbibe, a leading creator and producer of beverage flavors, beverage ingredient systems and finished products for the beverage industry. Mr. Rashkow joined the company in 2001 and helped pioneer its transformation from a 35-year old niche flavor manufacturer to one of the beverage industry’s leading technical and creative innovators. Imbibe currently operates various production facilities in both North and South America.

In the decade prior to joining Imbibe, Mr. Rashkow served as the Managing Partner of SilverYoung Private Equity, an early-stage private equity fund, whose primary investment focus was marketing companies with unique technological platforms. Previously, Mr. Rashkow was a Partner at Chapman Partners investment bankers, specializing in mid-market mergers and acquisitions. In the early nineties, Mr. Rashkow began his professional career as part of the executive team of French home-improvement retailer OBI, based in Lille, France.

Mr. Rashkow currently serves on the boards of the following organizations: Scanbuy, Enjoy Life Natural Brands, MAB Capital Management, One Million Degrees, Upsize Chicago, Arie Crown Hebrew Day School, and the Skokie Community Kollel. Mr. Rashkow is also a member of the Young Presidents’ Organization.

Al Shipp

Board Member

Al Shipp is the President and Chief Executive Officer of 3VR Security, a global leader in video intelligence.

Al Shipp brings an extraordinary level of business experience to his role at Scanbuy, having held leadership positions in engineering, sales, and executive management at several prominent technology companies. As the current President and Chief Executive Officer of 3VR Security, he was responsible for all strategic and operational management of 3VR, a global leader in video intelligence.

Prior to joining 3VR Security, Mr. Shipp served as Vice President of Apple’s Enterprise Division, where he  company’s  built a world-class sales, services, and marketing group that saw significant business growth during his tenure. In addition to his experience at Apple, Mr. Shipp has held leadership roles at International Business Machines, BEA Systems, Critical Path, and Inktomi Corporation.

Mr. Shipp earned a Bachelor of Science degree in Electrical Engineering with an Economics minor from the Rose-Hulman Institute of Technology in Terre Haute, Indiana. He currently serves on the Board of Directors for Sentry Depressurization Systems, an innovative company that provides technology for protecting key global grid infrastructure and previously served on the Board of Directors at Wanova, Inc. which is now a part of EMC, Inc. 

Stephen K. Smith

Managing Partner of Masthead Venture

As a former All-Star Analyst who led Paine Webber’s technology research group, Steve Smith has been a partner of Masthead Venture for 11 years.

His credentials include being named ten times to the Institutional Investor All-Star team, and twice as the Wall Street Journal Analyst of the Year. He held systems engineering and sales positions with ICL, and is a member of Common Angels. Mr. Smith earned an MBA from Harvard and a Computer Science Degree from Brighton Polytechnic University. He is a current board member of Packet Design, and formerly served on boards at Bitpipe (acquired by TechTarget), Ecount (acquired by Citigroup) and Tizor Systems (acquired by Netezza).

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