M*Modal CEO Receives 2011 Carnegie Science Award

M*Modal CEO Receives 2011 Carnegie Science Award

Michael Finke Named Winner in Entrepreneur Category; Award Recognizes Science and Technology Achievements in 2011

Pittsburgh, PA — February 9, 2011 — M*Modal, the industry leader in advanced
Speech Understanding™ technology, announced today that it’s CEO, Michael Finke, has been selected as the winner of the 2011 Carnegie Science Award in the “Entrepreneur” category. The Carnegie Science Awards, assigned by the Carnegie Science Center and sponsored by Eaton Corporation, promote outstanding science and technology achievements in western Pennsylvania and help fund Science Center exhibits and educational programs across the state.

Celebrating its15th year, the Carnegie Science Awards have honored the accomplishments of more than 275 individuals, including Finke, and organizations that have improved lives through their commitment and contributions in science and technology.

Finke, a prominent entrepreneur and scientist, is a respected technology leader in the field of conversational speech understanding. Prior to founding M*Modal, Finke served as CTO and cofounder of Interactive Systems, a pioneer in conversational speech understanding for the healthcare, tele-communications, automotive, media and entertainment markets. Finke has also held research positions at IBM, the University of Karlsruhe (Germany) and Carnegie Mellon University. Michael earned his Bachelor of Engineering and Master of Engineering degrees in computer science from the University of Karlsruhe in Germany.

“Michael Finke is such a respected leader in the field of conversational speech understanding, and M*Modal is a truly innovative company here in Pittsburgh,” said Ron Baillie, Henry Buhl, Jr. Co-Director of Carnegie Science Center. “His work is transforming the medical records industry, and we are so pleased to be able to honor Michael and raise community awareness of the great work he is doing.”

This Carnegie Science Award recognition builds upon a year of multiple honors for M*Modal. Most recently, M*Modal was named a ‘Tech 50’ award recipient in the information technology category by the Pittsburgh Technology Council. M*Modal also recently received the Pittsburgh Business Journal’s Best Places to Work in Western Pennsylvania award, the Speech Technology Magazine’s Speech Luminary award, presented to Finke, and a recognition by the Pittsburgh Technology Council.

“I am honored to by this award from one of the top museums in the state and a nationally recognized institution,” said Finke. ”At M*Modal, we have worked very hard to help lead the healthcare industry to new levels of clinical quality and operational efficiency with speech understanding technology that turns the spoken word into meaningful data and triggers appropriate clinical actions. To have this important work recognized by such a prestigious group is deeply humbling and satisfying.”

“A key part of our mission is to showcase regional advances in science and technology, and the Carnegie Science Awards give us the opportunity to honor creative entrepreneurs like Michael Finke,” added Ann Metzger, Henry Buhl, Jr. Co-Director of Carnegie Science Center.

M*Modal technologies provide physicians with advanced solutions that improve efficiencies in patient care and documentation of clinical information. M*Modal technology supports one-fifth of the physicians actively practicing today in enterprise to clinic settings and their technology is being deployed by both hospital and clinical documentation partners to address many key health information management needs.

Awardees will be honored during a formal celebration at Carnegie Music Hall in Pittsburgh on May 6, 2011.

About M*Modal:
M*Modal, the market leader in advanced Speech Understanding technology, combines industry leading technology and clinical documentation services to produce highly accurate, structured, encoded and shareable medical documents to facilitate the use and adoptability of electronic health records. More than 800 healthcare organizations nationwide utilize M*Modal’s solutions to increase patient safety and promote continuity of patient care. For more information, please visit www.mmodal.com.

About Carnegie Science Center
Carnegie Science Center is dedicated to inspiring learning and curiosity by connecting science and technology with everyday life. By making science both relevant and fun, the Science Center’s goal is to increase science literacy in the region to motivate young people to seek careers in science and technology. One of the four Carnegie Museums of Pittsburgh, the Science Center is Pittsburgh’s premier science exploration destination, reaching more than 700,000 people annually through its hands-on exhibits, camps, classes, and off-site education programs. For more information, visit www.carnegiesciencecenter.org.

About Eaton Corporation
Eaton Corporation is a diversified power management company with 2010 sales of $13.7 billion. Celebrating its 100th anniversary in 2011, Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.