New talent from the new Investors:
CardioDynamics adds Jacques Douziech and Michael Paulson to Board of Directors.
Jacques Douziech, a respected leader with over 35 years experience in the healthcare sector, is currently Venture Advisor for Sofinov's Biotechnology and Life Sciences division. Sofinov, a subsidiary of the Caisse de depot et placement du Quebec, was the lead investor in CardioDynamics' recently announced $18.5 million private placement. Douziech's diverse background includes senior executive positions at Procrea Biosciences, Boehringer Mannheim Canada (now Roche Diagnostics), Kodak Canada Inc. and Synermed Diagnostics. From 1965 to 1979, he served as Assistant-Chief of Biochemistry and Immunology at the Queen Elizabeth Hospital of Montreal.
The Company also announced the addition of Michael Paulson, son of the late Allen E. Paulson, co-chairman of the Company's Board until his death on July 19, 2000. Michael Paulson is the founder and President of Nevastar Investments Corp. and Construction Specialist of Nevada Inc. He has been in the real estate development and investment business since 1986 and previously worked in the aerospace industry for 17 years. Additionally, Mr. Paulson currently serves as a trustee, director and officer of various companies.
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