PE-backed Prescient adds to board of directors

Prescient said Thursday that it has named Terry Dunn and Susan Anthony to its board of directors. Dunn is the president and CEO of JE Dunn Construction while Anthony has worked at The Pillsbury Company, Häagen Dazs, Duracell and Gillette. Based in Denver, Prescient is a provider of software design and structural system solutions. It is backed by Kanusul Investments Pte. Ltd, a private equity fund in Singapore.

PRESS RELEASE

Prescient, a Denver-based software design and structural system manufacturing company, today announced two additions to its Board of Directors: Terry Dunn, president and CEO of JE Dunn Construction, and Susan Anthony, who brings more than 25 years of experience in Corporate Finance and Strategic Planning with Fortune 500 companies.
Dunn joined JE Dunn in 1974 and is currently president and CEO of JE Dunn and JE Dunn Construction Group, Inc., the holding company for JE Dunn Construction Company and other affiliates across the nation. Under his leadership, JE Dunn has grown to be one of the nation’s leading providers of construction management services, design-build, and integrated project delivery. Its reported revenues of $2.3 billion in 2012 earned JE Dunn a #26 ranking of contractors (out of 400) by Engineering News Record (ENR) Magazine. Dunn is the lead director on the Board of UMB Financial (Nasdaq: UMBF), a member of the Board of Directors of Kansas City Southern Railway (NYSE: KSU) and a former chairman and Board member of the Federal Reserve Bank of Kansas City.
Anthony has worked in various finance roles of increasing responsibility at The Pillsbury Company, Häagen Dazs, Duracell and Gillette. Her specialties include strategic planning and analysis, capital planning, operations and international finance. She is a Certified Management Accountant with an MBA in Finance from the Carlson School of Management at the University of Minnesota and a BA in Economics from Lawrence University.
Based in Denver, Prescient recently announced plans to expand its manufacturing presence to Houston in 2014 to meet growing demand. Prescient is in the midst of a convertible equity offering and has to date raised $7 million into this round of funding. The company is currently focused on executing against 9 million sq. ft. of active projects scheduled for completion in 2014 and 2015.
“We could not be more pleased to welcome Terry’s industry expertise and insights together with Susan’s strategic finance background to our Board of Directors,” said Satyen Patel, Prescient’s executive chairman. “Our ability to attract such outstanding talent to our board confirms our belief that the Prescient system is one of the most important design-build innovations in many years and is poised for significant growth in 2014 and beyond.”
About Prescient
Prescient is a manufacturing and technology company that offers a faster, greener and more cost-effective alternative to conventional building structures. Prescient’s primary market segment is multi-unit buildings and residential construction, including apartments, condos, senior and assisted living communities, hotels and college and military dormitories. Prescient provides a unique and efficient value proposition based on proprietary technology and lean manufacturing. The company is backed by Kanusul Investments Pte. Ltd., a private equity fund based in Singapore. For more information visit http://www.prescientco.com or on Twitter at https://twitter.com/PrescientCo and Facebook at https://www.facebook.com/PrescientDesignAndConstruction.