27 Feb 2012 17:01
February 27, 2012
Akers Biosciences Inc.
("ABI" or the "Company")
Directorate Change
Akers Biosciences, Inc (AIM:AKR), a leading designer and manufacturer of rapid diagnostic screening and testing products, regrets to announce the sudden death of Edward Mulhare, a non-executive Director of the Company. Mr. Mulhare passed away at his home on Friday, 24 February, 2012.
Mr. Mulhare, a former Chairman and CEO of Merrill Lynch Interfunding, and director of fifteen companies, had resided on the ABI board of directors since 1994.
Dr. Raymond F. Akers, Executive Chairman and Founder of ABI, commented, "Ed has been my good friend for over twenty years, and was the first outside investor in our Company. He played an integral role in the development of our business strategies, and I was fortunate to have worked with him."
Enquiries:
Thomas A. Nicolette
President and CEO,
Akers Biosciences, Inc
Tel. +1 856 848 8698
Daniel Stewart & Company plc (Nominated Adviser and Broker)
Noelle Greenaway, Corporate Finance
Martin Lampshire, Corporate Broking
Tel. +44(0)20 7776 6550
About Akers Biosciences
Akers Biosciences, Inc. develops, manufactures, and supplies rapid, point of care screening and testing products designed to bring healthcare information both rapidly and directly to the consumer or healthcare provider. The Company has advanced the science of diagnostics while responding to major shifts in healthcare through the development of several proprietary platform technologies. The company's state-of-the-art rapid diagnostic assays can be performed virtually anywhere in minutes when time is of the essence. ABI has aligned with major healthcare companies and high volume medical products distributors to maximize product offerings, and to be a major worldwide competitor in diagnostics. Additional information on the Company and its
products can be found at www.akersbiosciences.com.