TUCSON, AZ (November 3, 2014) – Just prior to the record-breaking, near space dive by the Paragon StratEx team and Google Executive, Alan Eustace, Paragon’s Board of Directors announced that Jane Poynter and Taber MacCallum had resigned from their positions as President and CEO in order to become leaders of World View Enterprises, a space tourism vanguard opportunity incubated within Paragon.

Grant Anderson, former Paragon COO, has since been named Paragon’s new President and CEO while Ron Sable, a member of the Paragon Board of Directors, was elected Chairman of the Paragon Board.

“We are thankful for Jane and Taber’s leadership over the past 21 years as Paragon has grown to be a premier supplier of life support systems and technology and achieved great technical advancements and industry firsts,” said Mr. Sable. “We wish them both the best success in building this ground-breaking new company.”

“I am excited for the future of Paragon and honored to be leading such a first-class team of professionals.” Mr. Anderson stated, “Paragon will continue aligning its strategic goals of being the premier supplier of life support and thermal technologies with growing revenues and advancing new technologies.”

In departing, Mr. MacCallum stated, “I am proud of all of Paragon’s accomplishments over the last two decades as we have transformed from a small research and development company to a pillar in the space community known for its valuable expertise and production of environmental control and life support systems. I am sincerely grateful for the support Jane and I have received from the Paragon Board of Directors, our customers and our employees. Paragon is well positioned and on a clear path to continued success.”                                                       

ABOUT PARAGON:

Paragon Space Development Corporation® is a premier provider of environmental control components and systems for extreme and hazardous environments. As an industry leader in designing and manufacturing of thermal control and life support systems, Paragon provides solutions for its customer’s most challenging extreme environment protection needs in space, on Earth, in water and underground. Founded in 1993, Paragon is a small business headquartered in Tucson, Arizona.