Biography of Frank Masyada
I Joined the U.S navy at 17 years old and was sent to Bainbridge, MD to be trained as a Fire Control Technician at a Class A School, from there I was assigned to the USS Wasp, CVS 18 on which I served over two years of sea duty. During that service the Wasp was assigned to NASA as the main Gemini Recovery Vehicle. In that function we picked up Gemini 4, 6 and 7. My function was to service and operate one on the main tracking radars. I was honorably discharged from the Navy.
In 1967 I was hired by NCR (National Cash Register Company) as a systems analyst with my office being at 50 Rockerfeller Plaza. At that time I was the youngest systems analyst ever hired and the only one without a college degree. My duties included designed accounting and control systems for businesses in lower Manhatten including the United Nations.
In 1969 I was hired as the quality control supervisor for Reynolds Metals Company. I supervised and set up the quality control and customer support operations in White Bear Lake, MN, and Woodbridge, NJ. I was responsible to oversee the quality of 6,000,000 cans per day for the New York City market. My customers included Budwieser, Coke, Pepsi, Ballantine, Piels, Miller Beer. We were the first producers of Aluminum cans in the nation. 
In 1975 I was hired as Plant Engineer for Henry L. Hanson Company located in Worcester, MA. Henry L. Hanson was the largest producer of tools in North America (taps, dies, drills etc) with over 900 employees. My responsibility included all machine design, maintanace and purchase, running a 40 man maintenance department as well as relocating the company manufacturing facility from Worcester, MA., to Maine.
In 1978 I was hire as Chief Engineer of W.H. Nichols (Portland, MA) a division of Parker Hannifin. In that position I had 26 degreed engineers reporting to me. My responsibilities in included all capital purchases, tooling design, cost studies, customer relations. This facility was a 500 million dollar annual revenue. Our products were high quality aircraft and aerospace pumps. In this position I introduced to the United States the creep feed grinding technology which dramatically changed manufacturing technology in the U.S. My facility was one of the pioneers in powder metal technology with, at that time, the largest powder metal facility in the North America.
In this position I was approached by Dr. Robert Jarvik who had designed the worlds first artificial heart. Dr. Jarvik asked me to design a small pumping system that would allow the support system for the artificial heart patient to become mobile. The pump was desinged and was used by the last 4 patients who had the heart implanted.
As a result of a family members illness I relocated to Florida in 1991. Since Florida did not have the manufacturing base that was available in New England I started a company called Capital Asset Engineering. Capital Asset Engineering soon gained a reputation as a high quality, high value machinery and equipment appraisal firm. We were retained by financial institutions such as the Bank Of Tokyo, The bank of New York and insurance companies such as Wausua Insurance. Between 1992 and 1994 we appraised well over a billion dollars worth of property and equipment.
Mita, the copy company, was looking to refinance their 42 Million dollar manufacturing facility in S.C, Capital Asset Engineering(CAE) approved the refinance after inspection. In 1994 the Philadelphia sports complex, Core States, valued at 220 Million was badly damaged. CAE was retained by Wausau Insurance to validate the claims and do a complete inspection of all equipment and determine its condition, The job was stated December 27 and ended late April of the following year.
VENTRA Medical retained CAE to value one of their hospitals and re-evaluate all surgical and morgue equipment the was a 20 million dollar valuation.