Matthew Schissler

Matthew Schissler
Alma mater St. Mary's College of Maryland
Occupation Founder and managing partner, Pyrenees Investments
Years active 2001-Present
Known for Founder, Cord Blood America, Inc. (CBAI)

Matthew Schissler is an American business executive who has served in leadership roles in a number of privately and publicly held companies. He's most notable for having founded and managed Cord Blood America, Inc. (CBAI), a company specializing in the harvesting and storage of umbilical stem cells in the U.S. and worldwide. He is currently a private investor, participating in a multi-million dollar portfolio through two separate funds, with an investment focus on micro-cap public companies exhibiting significant growth potential. Matthew Schissler is also the managing partner (as well as the founder) of Pyrenees Investments.

Education

Schissler holds a degree in Biology and Public Policy from St. Mary’s College of Maryland.[1]

Professional roles

Rainmakers International

From 2001 to 2003, Schissler founded and served as the president and CEO of the advertising agency RainMakers International.[2] Based in Tampa, RainMakers was direct marketing agency for TV, radio and the web that also specialized in placing salespeople in contract and permanent positions.[3][4] In 2008, the agency brokered a deal between Microsoft and the Michael Waltrip NASCAR Racing team to make Microsoft small business a sponsor for Michael McDowell's #00 car, in a deal where Microsoft's small business clients and resellers paid for the sponsor placement.[5][6]

CBAI and subsidiaries

In 2003 Schissler founded Cord Blood America, Inc. (CBAI), a company specializing in harvesting and storing stem cells in the U.S. and abroad, serving as the company's chairman of the board and CEO until 2012.[1] Parents who subscribe to CBAI supply the company with a small amount of blood taken from the umbilical cord at the birth of a child, which the company stores in the event that the family may need it as the result of a medical condition that could benefit from a stem cell treatment.[7] At the time, he also served as CEO and chairmen of the board for Cord Partners Inc., CBAI's original stem storage company, which was absorbed by CBAI in 2005.[8][9]

In 2006, CBAI purchased the assets of the Cryobank for Oncologic and Reproductive Donors (CORD), a bank in Middletown, New York, with inventory of 750 donors.[10] In 2007, the company acquired Philadelphia-based CorCell Inc., at the time the fourth-largest umbilical cord blood bank in America.[11] The same year, the company acquired CureSource, a Charleston-based cord blood storage facility that serviced about 340 customers.[12] CorCell maintained its presence and name as CorCell Inc., a subsidiary of the parent company CBAI, being responsible for cord blood storage facilities.[13][14] Schissler served as CorCell Inc.'s chairman, CEO and president.[8] In 2010, they acquired 51 percent of stellacure GmbH of Hamburg, at the time the third-largest cord blood banking service in Germany, as well as a majority ownership of BioCells Argentina.[15][16]

In 2010, Schissler relocated the company to Las Vegas, citing multiple reasons, including his frequent travels to Las Vegas for trade conventions, business-friendly tax climates and the ability to have low-cost laboratory space near the airport.[17][18][19] Schissler also served as the founder and president of China Stem Cells, Inc., a stem cell storage facility in northeast China.[3][20] In 2011, CBAI acquired two cord blood companies based in Chicago - Reproductive Genetics Institute, Inc, and NeoCells.[21]

Frozen Food Gift Group

In 2009, Schissler founded the Frozen Food Gift Group, serving as an independent chairman of the board.[22] A development stage company, they sell ice cream and related frozen products on the Internet. The company sells ice cream and ice cream cakes online through its site, Sendascoop.com.[23][24][25] In 2010, it was announced that Frozen Food Gift Group had secured $4.8 million in equity financing.[26] In February 2013, the company purchased the Miami Ice Machine Company, a refrigeration equipment provider, for $880,000 in restricted stock.[27]

Bourque Industries Inc.

In 2013, Schissler was named to the board of directors at Bourque Industries Inc., serving as its chair and secretary.[28][29] The Tucson-based company develops and produces metal alloys with applications in a variety of industries, including ballistic armor, and aviation and automotive industries.[30]

Parallax Enterprises

Schissler served as the chief operating officer of Parallax Enterprises.[8] Started by Dr. Jeffrey Woolford, Parallax has designed a tool for operating rooms known as Consolidated Healthcare and Resource Management System (CHaRM), a device based on a fighter pilot’s Heads-Up-Display (HUD), which gives everyone in a surgical suite access to critical information and procedure checklists.[31]

Pyrenees Investments

Schissler is also the founder and managing partner of Pyrenees Investments.[32] A microcap advisory firm, Pyrenees Investments helps companies with services that include cleaning up balance sheets and eliminating debt in order to become successful.[33]

Affiliations

In 2011, Schissler was named chairman of the Biotech Committee for the Nevada Development Authority.[34] He has also served on the board of advisors for the Las Vegas Science Festival and the board of directors for the Las Vegas Natural History Museum, and is a member of the Karma Foundation.[35][36]

Awards

In 2008, Schissler was a finalist for the Ernst and Young Entrepreneur of the Year award.[8]

Education

Schissler holds a degree in Biology and Public Policy from St. Mary’s College of Maryland.[1]

References

  1. 1 2 3 "Matthew Schissler – Chairman & CEO, Pyrenees Investments". Navallo.net. 2013-08-26. Retrieved 2013-11-05.
  2. ↑ "Matthew Schissler". Forbes. 2012-04-18. Retrieved 2013-11-05.
  3. 1 2 "INTELLIGENT LIVING INC. - 10-K - 20130312 - DIRECTORS_AND_OFFICERS". Yahoo.brand.edgar-online.com. Retrieved 2013-11-05.
  4. ↑ "Business: Startups retrench in slowdown". Sptimes.com. Retrieved 2013-11-05.
  5. ↑ "Microsoft's 'Free' NASCAR Sponsorship". Forbes. Retrieved 2013-11-07.
  6. ↑ "Microsoft shifts NASCAR sponsorship to Waltrip Racing - Puget Sound Business Journal". Bizjournals.com. 2008-06-06. Retrieved 2013-11-07.
  7. ↑ Dickman, Michael H. "Nerd in Vegas: Cord Blood America Comes to Vegas". Living Las Vegas. Retrieved 2013-11-05.
  8. 1 2 3 4 Matthew L. Schissler. "Matthew Schissler: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2013-11-05.
  9. ↑ "Company History". Cordblood-america.com. Retrieved 2013-11-05.
  10. ↑ "CorCell, Las Vegas | Parent's Guide to Cord Blood | Brookeville MD 20833 | USA". Parentsguidecordblood.org. Retrieved 2013-11-07.
  11. ↑ "Cord blood companies combine - Philadelphia Business Journal". Bizjournals.com. 2007-03-05. Retrieved 2013-11-05.
  12. ↑ John McDermott Email Twitter $(".story .meta").dd();. "CureSource sold to California-based Cord Blood – The Post and Courier". Postandcourier.com. Retrieved 2013-11-05.
  13. ↑ Venton, Danielle (2011-12-08). "Inside the Strange Science of Cord Blood Banking - Wired Science". Wired.com. Retrieved 2013-11-05.
  14. ↑ "Cord Blood Saves Child's Life!". Newsblaze.com. 2009-12-18. Retrieved 2013-11-05.
  15. ↑ "CBAI acquires majority stake in stellacure GmbH". News-medical.net. 2010-03-25. Retrieved 2013-11-07.
  16. ↑ "Regulation in a Global Financial System". SEC.gov. Retrieved 2013-11-07.
  17. ↑ "Nevada Development Authority takes serious tone in new ad blitz | Las Vegas Review-Journal". Reviewjournal.com. 2011-02-13. Retrieved 2013-11-05.
  18. ↑ Velotta, Richard N. (2010-06-18). "NDA now has prime spot to recruit companies to move to Southern Nevada - Las Vegas Sun News". Lasvegassun.com. Retrieved 2013-11-05.
  19. ↑ JOHN W. McCURRYjohn.mccurry bounce@conway.com. "Nevada: The Silver State's Silver Lining: What happens in Las Vegas next is a medical-services industry, thanks to lower costs and an air-logistics advantage. Power companies are energized, too. | Site Selection Online". Siteselection.com. Retrieved 2013-11-05.
  20. ↑ "Matthew Schissler | Distinguished Women and Men in Nevada". Distinguishedwomenandmen.com. Retrieved 2013-11-05.
  21. ↑ "CorCell | Parent's Guide to Cord Blood | Brookeville MD 20833 | USA". Parentsguidecordblood.org. Retrieved 2013-11-05.
  22. ↑ "Frozen Food Gift Group Inc (FROZ.PK) People". Reuters.com. Retrieved 2013-11-05.
  23. ↑ "FROZ Profile & Executives - Frozen Food Gift Group Inc". Bloomberg. Retrieved 2013-11-07.
  24. ↑ "Frozen Food Gift Group Inc. News - Company Information - The New York Times". Topics.nytimes.com. Retrieved 2013-11-05.
  25. ↑ "About Us - Customized Ice Cream Cakes, Sundaes and Cone Party Boxes". SendaScoop.com. Retrieved 2013-11-05.
  26. ↑ "Frozen Food Gift Group Ices $4.8M - cbl". Baltimore Citybizlist. 2010-06-09. Retrieved 2013-11-05.
  27. ↑ Rebecca Prescott (2013-02-28). "News | Frozen Food Gift purchases Miami Ice Machine Company". FoodBev.com. Retrieved 2013-11-05.
  28. ↑ Arizona Daily Star (2013-02-07). "Tucson firm names interim replacement for jailed CEO". Azstarnet.com. Retrieved 2013-11-05.
  29. ↑ "Corporate Governance". Bourque Industries. Retrieved 2013-11-05.
  30. ↑ "Bourque Industries". Bourque Industries. Retrieved 2013-11-05.
  31. ↑ "Our Story". Parallax Enterprises. Retrieved 2013-11-05.
  32. ↑ Pyrenees Team. "Pyrenees Team". Pyrenees Investments. Retrieved 2013-11-05.
  33. ↑ "About Us". Pyrenees Investments. Retrieved 2013-11-05.
  34. ↑ "FDA rejects Orexigen diet drug, shares plunge. Valeant Pharma buying PharmaSwiss. Parexel slumps on lowered outlook". Cable.tmcnet.com. Retrieved 2013-11-05.
  35. ↑ Matthew L. Schissler. "Matthew Schissler: Executive Profile & Biography - Businessweek". Investing.businessweek.com. Retrieved 2013-11-05.
  36. ↑ "2011 Annual Report" (PDF). Las Vegas Natural History Museum. Retrieved 5 November 2013.
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