Tuesday June 9, 6:22 pm Eastern Time
Company Press Release
SOURCE: Medical Discoveries, Inc.
Medical Discoveries, Inc. Announces Management Additions, Promotions
LAYTON, Utah, June 9 /PRNewswire/ -- Medical Discoveries, Inc. (OTC Bulletin Board: MLSC - news) focused on the research, development and commercialization of electrolysis based products targeted at anti-bacterial, anti-fungal and anti-viral (HIV/AIDS) applications, announced today the following additions and promotions.
Scott R. Wood, CPA has been named Chief Financial Officer. Since 1995, Mr. Wood has served as the Company's Financial Advisor. Mr. Wood received his MBA from Brigham Young University in 1980, and was awarded his Certified Public Accountant Certificate in 1983. Since April of 1997, Mr. Wood has worked closely with MDI's Senior Management team in strategic planning and development, and has been closely involved in the recent joint venture and other business development projects.
Neal G. Ofiesh has been named National Sales Director for newly created MDI HealthCare Systems division. Mr. Ofiesh has been actively engaged in the sales, distribution and management of sales activities for a number of companies in the field of water purification systems, cosmetics and related consumer products. In this newly created position, Mr. Ofiesh will provide the Company with proven expertise in establishing a national distribution network for the Company's consumer targeted products. Prior to joining the Company, Mr. Ofiesh was affiliated with the MeLaLeuca, Natural World and NSA corporations.
Osao Sumita, Ph.D. has joined MDI Team Japan, as Senior Director Engineering and Technology Development. Dr. Sumita has spent over 20 years in research and development in the field of electrolysis and related technologies. Since 1992 he has been president and founder of Coherent Technologies (Tokyo, Japan) a research and development firm specializing in the development of proprietary electrolysis technology systems. Dr. Sumita received his Doctorate from the Tokyo Institute of Technology, Tokyo, Japan, and is the holder of several patents in the field of electrolysis. In this newly created position, Dr. Sumita will be responsible for technology development and related research activities.
William J. Novick, Jr., Ph.D. Chief Technical Officer has been promoted to Vice President and will become an Officer of the Company.
Troy Fullmer, Manager Marketing Research, has been promoted to Director of Market Research.
''These additions and promotions strengthens the Company and rewards individuals whose efforts have positioned MDI for growth into revenue producing markets. MDI will pursue those markets and applications where our technologies provide the opportunities to improve quality of life and offer strong profit potential,'' stated President and CEO, Lee F. Kulas.
SOURCE: Medical Discoveries, Inc. |
