To: Dick Martin who wrote (530 ) 11/22/2004 10:57:18 AM From: Starowl Read Replies (1) | Respond to of 655 Some more appointment news. Things keep moving forward. Response Biomedical Announces Key Appointments To Senior Management Team and Board of Directors Monday November 22, 9:01 am ET Sidney Braginsky, Past President of Olympus America, Joins the Board of Directors Rob Pilz Assumes the Position of CFO and VP, Finance VANCOUVER, Nov. 22 /PRNewswire-FirstCall/ - Response Biomedical Corp. (TSX-V: RBM - News) today announced the appointments of Mr. Sidney Braginsky, past President of Olympus America Inc., to the Company's Board of Directors, and Mr. Robert Pilz, B.Comm., CMA, as Chief Financial Officer and Vice President, Finance, effective immediately. "We are pleased to attract someone of Mr. Braginsky's caliber and considerable industry insight to the Company's Board of Directors," said Mr. Bill Radvak, President and CEO. "His extensive record of achievement spans three decades in the imaging and diagnostics space, and includes leading the North American division of one of the world's largest developers of consumer products and health care services." "I am pleased to be joining Response's Board given the tremendous emerging market opportunities in point-of-care diagnostics, the Company's US regulatory clearance for its lead clinical product line, and extraordinary new product development opportunities in the pipeline," said Mr. Braginsky. "With independent validation of RAMP's outstanding performance, the commercial potential and opportunity for growth is tremendous." From October 1994 through December 1999, Mr. Braginsky served as President of Olympus America Inc., the US subsidiary of Olympus Optical Co. Ltd., a multi-national corporation headquartered in Japan. Olympus is a leading producer of microscopes; automatic blood and fluid chemistry analyzers; measuring research and industrial products; and consumer products. With approximately 1,700 employees, Olympus America is responsible for sales, marketing, distribution and service in the United States, Canada, Mexico, the Caribbean and Central and South America. Under his guidance, Olympus America Inc. achieved annual revenues exceeding the billion-dollar mark. During his 27 years with Olympus, he served in many capacities including Executive Vice President and Chief Operating Officer of the Olympus Scientific Equipment Group, the division responsible for the sales and marketing of clinical and industrial microscopes. "I would also like to welcome Mr. Pilz back and acknowledge his ongoing and invaluable support as we scale-up manufacturing capacity, build our sales and distribution network and expand our product portfolio," adds Radvak. "Building on the operational infrastructure and systems that Mr. Pilz helped establish, Response has made tremendous progress over the past two years commercializing multiple RAMP products with increasing revenue contributing to a much stronger balance sheet." Beginning in January, 2001, Mr. Pilz previously served as the Company's CFO for a two year term. Most recently, Mr. Pilz served as Vice President, Finance of BC-based Class Software Solutions Ltd., a private market-leading software company with over 700 customers serving more than 10,000 facilities in Canada, United States, Australia and New Zealand. One of his objectives was to assist in positioning Class Software for potential merger or acquisition, and last month, Class Software was formally acquired by The Active Network, Inc.