PITTSBURGH, May 1, 2012 — ChemImage Corporation is pleased to announce that Raymond E. Gevaudan joined the company as Chief Financial Officer, effective April 30th.

In his current role, Gevaudan will focus on building an efficient infrastructure to manage key business processes, work to ensure compliance with financing covenants and be the principal point of contact for investors regarding financial operations.

“We are excited to have Ray join our executive team,” said Jim McGlone, President of ChemImage. “His background in finance and accounting will be vital to help us continue to drive growth, investment and profitability in the organization.”

With over twenty years of experience in the finance industry, Gevaudan brings a combination of operations, transaction and audit experience to the company. After starting his career with Ernst & Young’s Pittsburgh office, he has spent the last thirteen years focused on the challenges of venture capital-backed companies from both an...