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Microcap & Penny Stocks : Surgical Safety Products, Inc. OTC:BB SURG
SURG 1.665-1.8%3:59 PM EST

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To: REW who wrote (663)7/6/1999 4:58:00 PM
From: im a survivor  Read Replies (1) of 707
 
Has this been posted yet ? :

Surgical Safety Product's President Frank Clark Appointed to GenSci Board

SARASOTA, Fla.--(BUSINESS WIRE)--July 1, 1999--Surgical Safety Products, Inc. (OTC BB:SURG) (SSP) announced today that Frank M. Clark, Surgical's President and Chief Executive Officer, was appointed to The Board of Directors for GenSci Regeneration Sciences Inc.

GenSci Regeneration Sciences Inc. is an orthobiologics company, focusing on treatments for musculoskeletal repair, reconstruction, and regeneration. This biotechnology sector is one of the fastest growing areas in orthopedics. The company is currently producing and marketing a proprietary line of bioimplant products for surgical applications from its Irvine, California operations. The company's head office and research facilities are located in the greater Toronto area.

Dr. James Trotman, Chairman and Chief Executive Officer of GenSci, commented, "We are delighted and fortunate to have Frank Clark join our board. As our company continues growing through the development and commercialization of our own technologies and products, and by licensing and developing alliances with other companies, Mr. Clark's experienced counsel and breadth of knowledge will prove invaluable."

Mr. Clark, who lives in Sarasota, Florida, is a former officer and director of several Fortune 500 health care companies. Among the positions held by Mr. Clark in his distinguished career are: Executive Vice-President and a director of Johnson & Johnson's (J&J) medical electronics ventures, a manufacturer and marketer of cardiac pacemakers and trans electrical nerve stimulators; Vice-President and director of Ethicon, a J&J wound closure company; and founder, Vice President and General Manager of Ethnor Medical, a division of Ethicon. He has also held a number of other senior positions with, and has participated on the Boards of various companies in the health care industry.

Surgical Safety Products, Inc., headquartered in Sarasota, Florida, manufactures and markets products for the healthcare industry. Its OASiS Touch-Access Information System is a growing communications network for healthcare facilities with all locations connected to a central server via TouchPorts. TouchPorts are SSP's proprietary hardware/software units which allow healthcare workers access to important and potentially life saving information by simply touching an easy to use screen. This revolutionary approach to bringing information to the healthcare industry ensures that every healthcare employee has equal access to information regardless of their computer experience. SSP's common stock is traded in the OTC Bulletin Board Market with the symbol SURG.

Except for the historical information contained herein, the matters discussed in this press release are forward looking statements, the accuracy of which is necessarily subject to risks and uncertainties. Future market development, distribution relationships and demand for the Company's products, among other matters discussed in this release, may differ significantly from the discussion of such matters in the forward-looking statements. Such differences may be based upon factors within SSP's control such as strategic planning decisions by management and reallocation of internal resources, or on factors outside SSP's control, such as technological advances by third parties, introduction of competitive products and delays by regulatory authorities.

CONTACT:

Surgical Safety Products, Inc., Sarasota

Frank M. Clark, President, 941/927-7874 x 104

or

T.T. Communications, Inc.

Mark N. Tyler, 212/962-3690

or

Craig W. Tyler, 972/503-8268
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