Matthew Schissler

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 multimillion-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.

Matthew Schissler
Alma materSt. Mary's College of Maryland
OccupationFounder and managing partner, Pyrenees Investments
Years active2001-Present
Known forFounder, Cord Blood America, Inc. (CBAI)

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. "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. "INTELLIGENT LIVING INC. - 10-K - 20130312 - DIRECTORS_AND_OFFICERS". Yahoo.brand.edgar-online.com. Archived from the original on 2015-06-10. 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. (2010-01-26). "Nerd in Vegas: Cord Blood America Comes to Vegas". Living Las Vegas. Retrieved 2013-11-05.
  8. 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. Archived from the original on 2013-11-15. 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. 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. Archived from the original on 2013-10-23. 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. Archived from the original on 2013-11-15. 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. Archived from the original on 2015-06-10. 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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