Experience

VideoNext Federal, Inc.

• United States
• Software Development
• 1 - 100 Employee

• Vice President, Founder, COO

  • Oct 2002 - Present

  Responsible for solution delivery to clients including DHS, DoD, Verizon, Aramco, and Saudi Telephone Company.Participated in broadening the solution space from single-site enterprise to multi-site. The solution space was expanded to Cloud delivery.Established pricing schedules for services, software products and cloud services.Responsible for all contractual arrangements - employment, purchase orders, quotations, sub-contractsParticipate in Road Map creation to include customer requests and "new" ideasDevelop website structure and materials.Created and authored two SBIR proposals that resulted in contracts - DARPA and US ArmyDeveloped grant writing efforts that have funded international sales efforts -$50,000 to dateSourced a number of equity investments into the Company. Mid-seven figures including venture capital.



Pensat International Comm

• United States
• Information Technology & Services

• President Digital Division

  • Oct 1998 - Sep 2002

  Created the division to provide Internet service capabilities to compliment international calling card products.Secured contacts with Saudi Telephone Company and Korea TelecomProvided vertical fiber installations in several buildings in the Washington, DC area. Created the division to provide Internet service capabilities to compliment international calling card products.Secured contacts with Saudi Telephone Company and Korea TelecomProvided vertical fiber installations in several buildings in the Washington, DC area.



Advanced Communications and Information Systems

• President

  • Feb 1995 - Sep 1998

  In major office buildings in Canada, created vertical fiber networks in six major cities to permit high-speed Internet to individual offices.Buildings were linked in a city and Canadian network of leased lines. The country network connected to the US Internet in both the East and West.Negotiated and implemented lease financing arrangements with Cisco for internet equipment - $32 million and Siemens for long-line equipment - $18 million.Covered 75% of the major office buildings in CanadaAssets of the company were purchased by ATT Canada.



BioDevelopment Corp

• President

  • Jun 1991 - Oct 1994

  Initiated a bid to the National Institute on Drug Addiction to gain approval from the FDA for the marketing of a medication for the management of narcotic addition.After contract award, raised additional funds for the manufacture and marketing of the orphan drug product - Levo-alpha-acetyl-methadol.Created a manufacturing facility in Houston for the initial testing and marketing quantities.FDA approval for marketing the product was granted at the date originally proposedThe Drug Enforcement Agency also approved the release of the product for clinical use.Obtained necessary state approvals for the clinical use.Trained a number of clinicians in the use of the medicationNegotiated distribution agreements in Europe (France and Portugal)Obtained European registration and marketing authorization.The Pharmaceutical Research Manufacturers Association recognized the product as an outstanding innovation.The Association of State Alcohol and Drug Abuse Directors issued an annual award to Mr. DeVauxAfter the market introduction of the product, the Company was sold to Boehinger-Ingelheim.



InterCAP Graphics Systems, Inc.

• United States
• Museums, Historical Sites, and Zoos

• Chairman Of The Board

  • Oct 1987 - May 1991

  The company provided a proprietary software product the enabled significant productivity improvements for enterprise level drawing requirements.The company was purchased in a leveraged buyout (LBO) from Evaluation Research Corporation (see below) as part of the sale of ERC to Ogden. The LBO removed substantial technical delivery requirements from the balance sheet of ERC.Mr. DeVaux negotiated a deferred payment to ERC that was based on the performance of the new company.Mr. DeVaux arranged for a number of individuals to invest in the new corporation at the closing.The closing occurred on October 21, 1987 - two days after Wall Street crashed. Less than half the projected new investment amount was available at the close.The company developed two shoulder software products (with much lower prices by a factor of ten) that enabled a much larger group of users to engage with the core product.Venture capital was raised and profitability was attained.The company was purchased by Intergraph.



Evaluation Research Corporation

• Corporate Vice President

  • Aug 1985 - Sep 1987

  Mr. DeVaux joined ERC with the stated objective of turning the NYSE listed company from a DoD service contractor to a more broadly based company using acquisitions financed by stock and corporate debt.He conceived the strategy of using a separate corporation to own the acquisitions. This company was named ERC Environmental Energy and Services.A number of acquisitions were made in a short period of time.To provide additional cash resources, a convertible debenture offering was put together and subscribed by Mass Mutual and other investors.The next step was a listing on the NYSE. Mr. participated in all phases of the offering. The offering was a success.Federal funding of the Resource Conservation and Recovery Act spurred interest in environmental stocks and the price of our new company went up significantly. ERC’s 69% holding of the subsidiary was worth more than the stock value of ERC. Arbitrage quickly set in and several takeover offers were made to ERCOgden corporation won the bidding.



Industrial Training

• director

  • 1983 - 1986