Management Team
Allen H. Michels
Chairman of the Board and Co-Founder

Allen H. Michels is chairman of the board and co-founder of Verdasys, Inc. For nearly 30 years, Michels has been widely known as a successful engineer, entrepreneur and investor. Until recently, Michels was co-founder, CEO and chairman of NeoGenesis Pharmaceuticals, a privately held biotechnology company focused on the discovery and development of drug candidates against targets from the human genome.

Prior to NeoGenesis, Michels was CEO and director of Virtual Machine Works, developer of the first large-scale system for the application of field programmable gate array technology. Virtual Machine Works was later sold to IKOS. Michels was also co-founder, officer and director of Chronologic Simulation, developer of the first high-speed Verilog compiler for design verification of ultra large-scale digital integrated circuits. The company was sold to Viewlogic Corporation.

Michels has also co-founded and served as CEO of MacInstitute, a network systems integrator; Mechtronics Nuclear, developer of sophisticated laboratory instrumentation for research in high energy nuclear energy; and Ardent, one of the first manufacturers of high performance graphics computing workstations. He also founded and served as CEO and chairman of Convergent Technologies, developer and manufacturer of the first networked desktop commercial workstations, multi-processor Unix systems, and hand-held, full-function computer systems. Between 1980 and 1985, Convergent was recognized as the fastest growing company in history, with a market capitalization of $1.4 billion within three years of its inception. The company was sold to Unisys Corporation.

Michels has long been an active private investor, and was an early-stage investor with Adobe, Silicon Valley Bank, Sun Microsystems, Trimble Communications and Sea Med, among others.

Michels received a B.S. and M.S. in mathematics from the Illinois Institute of Technology.

 


 
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