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Directorate Change

30 Dec 2009 07:00

RNS Number : 7974E
Akers Biosciences, Inc.
30 December 2009
 

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

This information is provided by RNS
The company news service from the London Stock Exchange
 
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