30 Dec 2009 07:00
Embargoed: 0700hrs 30 December 2009
Akers Biosciences, Inc.
("ABI" or the "Company")
Directorate Changes
ABI, a leading designer and manufacturer of rapid diagnostic screening and testing products, announces a number of directorate changes as the Company seeks to streamline the board moving into 2010.
Dr. Raymond F. Akers Jr., the founder of ABI, will become Executive Chairman whilst Edward Mulhare will continue to serve on the board as an Independent Non Executive Director, chairing both the audit and remuneration committees.
Charles Bunker has resigned from the board.
These changes will be effective from 31 December 2009.
Thomas A. Nicolette, who continues as President and Chief Executive Officer, commented,
"I am delighted that Dr. Akers will become Executive Chairman. He is the driving force behind ABI's science as we move into an extremely important phase in 2010, launching two revolutionary new diagnostic products in the diabetes and lung cancer fields. I would like to thank Charles Bunker for his contribution to the board and wish him well for the future."
Enquiries:
Thomas A. Nicolette
President and CEO
Tel. +1 856 848 8698
Ben Simons
M: Communications
Tel. +44 (0)20 7920 2340
Alasdair Younie / Ben Wells
Arbuthnot Securities Limited
Tel. +44 (0)20 7012 2000