New Mexico Angels Name New Chairman

George BoerigterFOR IMMEDIATE RELEASE                                                           

ALBUQUERQUE, NM, June 20, 2016 – The New Mexico Angels (NMA) today announced that they have named George Boerigter as the new Chairman of the Board. He succeeds JT Michelson who served as Chairman of the group from 2008-2016.

Boerigter brings his years of entrepreneurial, leadership and investment experience to the New Mexico Angels. As an active angel investor with the group since 2008, Boerigter has a unique outlook on the entrepreneurial ecosystem, “The two major industries of New Mexico have warped our approach to business. The first business is extractive oil, gas, and minerals – this taught the state that “taking not building” is the way to success. The second business is also extractive; however the focus is not land, but Washington: extracting money from the National Government. This business is even more poisonous as the “taking – not making” in this case is further corrupted by the distributive nature of all government,” Boerigter said.

He believes that private investment and creation of companies in New Mexico is the key to stabilizing and growing the local economy. He continues, “New Mexico needs to learn to build, make, trade, and give to assure its future is not a mere extension of a disheartening past, and I believe my work with the New Mexico Angels is a key to that change.”

NMA President, John Chavez expressed his enthusiasm saying, “George is making a difference with his involvement at UNM’s Anderson School of Management and his advocacy for the New Mexico Start-Up Factory’s mission to create high tech start-ups in the State. His leadership of the Angels is important as we continue to focus on the New Mexico entrepreneurial ecosystem.”

Boerigter is the Founder and Chairman of SoundOff Signal, a Michigan-based manufacturer of specialized transportation lighting, principally warning and systems lights for police, fire, EMS and DOT clients. With several hundred employees and manufacturing locations around the world, Boerigter and his team have won numerous awards including World Trader of the year and SBA Exporter of the year.

Additionally, SoundOff does business in all 50 states, more than 30 countries worldwide and has a perfect record of 24 straight years of growth and profitability, while being totally self-funded. The firm has never had a layoff or workforce reduction.

In 2007 they moved to NM for the majority of each year. Since coming to NM he has engaged the business, education and arts community in numerous ways. He is sponsor of the Anderson School Business Breakfast series, a member of the Albuquerque Economic Forum, the New Mexico Angels, and is an investor in several New Mexico based start-ups. He encouraged the foundation the NM Angels Start-Up Factory model. In his other Board work, George has served as a board member to, Preferred Produce, the New Mexico Museum of Natural History Foundation and was the Vice Chairman of the New Mexico Symphony Orchestra Board. He continues to serve on the Board of Opera Southwest.

He has a Bachelor’s degree from Hope College and Master’s Degrees from both the University of Southern California and Western Theological Seminary. He is supported in his endeavors by his wife of 50 plus years, Sibilla, their three sons and six grandchildren.

ABOUT THE NEW MEXICO ANGELS
The New Mexico Angels is a private group of accredited angel investors that invest in start-up and early stage companies in New Mexico and the Southwest region. Our mission is to provide investment opportunities where our members can obtain outstanding financial returns while accelerating companies to market leadership.

New Mexico Angels are a 501(c)6 organization that also focuses on education and promotion of New Mexico’ entrepreneurial ecosystem. The New Mexico Angels have invested over $11.5m since 1999. Find out more information at: www.NMAngels.com

Contact: Dorian Rader
Vice President, New Mexico Angels
dorian@nmsuf.com
505.843.4206

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