User:Sparesi/sandbox

=Joseph S. Paresi=

Joseph S. Paresi is an American Business Man specializing in high-technology defense and security companies. He is currently the Chairman and Chief Executive Officer of Integrated Defense and Security Solutions (IDSS) headquartered in Armonk, NY.

Career
Upon earning a Master’s in Electrical Engineering from Manhattan College, Joseph initiated his defense career in 1978 with Loral Electronics, eventually assuming the title of Corporate Director of Technology for Loral Corporation in 1994. In his two year tenure as a Corporate Director, he oversaw a $300 Million dollar budget that concentrated on Research and Development and Bid and Proposal Funds for the $8 Billion Dollar Defense, Space and Communcations Company, which was carried into Lockheed Martin Corporation with the sale of Loral in 1996.

After departing from Lockheed Martin, Joe moved to L-3 Communications Corporation, where he is credited as being part of the founding team of L-3 Corporation, which grew inception year revenues from $500 Million to over $8 Billion by 2005. Additionally, he became the president of one of L-3’s most profitable divisions, L-3 Security and Detection Systems, in 1997. Within the Security and Detection division, Joe aided in the development of the eXaminer 3DXTM 6000, the ProVision body scanner and acquired and integrated the Perkin-Elmer Detection Systems,

Joseph left L-3 in 2005 to become a co-founder of L-1 Identity Solutions with ex-L-3 co-founder, Robert Lapenta. L-1 departed from the detection system arena and centered it’s efforts on the biometric technology sphere and was acquired on July 26, 2011 by Paris based Safran (NYSE Euronext ParisL SAF) for $1.09 Billion.

Following the sale of L-1, Joseph founded Integrated Defense and Security Solutions, which focuses on “Checkpoint of the Future” solutions in the fields Explosive Detection Systems and Personnel Screening. He currently operates as the Chairman and Chief Executive Officer of IDSS.

Patents
U.S. Patent 8,031,903 Networked Security System

Joseph also has 5 patents that are currently pending.

Personal
Joseph holds a Masters in Electrical Engineering from Manhattan College, an MBA in Finance from Lubin School of Business at Pace University, a Program Management Degree from the Department of Defense and was awarded Top Secret Clearance/Special Compartmental Information Eligible (TS/SCI) for the Intelligence Agency.

He resides in Armonk, NY with his wife and has two sons and one daughter.