Published: December 01, 2009
TechniScan Expands Operational Team to Accelerate Development and Commercialization of Breast Imaging Technology
SALT LAKE CITY - (BUSINESS WIRE) - TechniScan,
Inc. (OTCBB: TSNI) ("TechniScan" or the "Company" ), a medical
device company engaged in the development and commercialization of an
automated breast ultrasound imaging system, announced today that three
new director-level positions had been filled along with the hiring of a
senior software engineer.
"We were able to attract experienced and industry-respected senior
personnel partly because the controversy surrounding mammography has
heightened interest in ultrasound breast imaging technology, especially
for use with women under 50," stated Chief Executive Officer David C.
Robinson. "One of the unique aspects about these people is that they are
all senior-level executives who are still willing to roll up their
sleeves and get the work done."
TechniScan has hired Dr. John C. Klock, MD, as the Company's Chief
Medical Director; Andy Cier as Director of Marketing and Communications;
Jessica Smith, MS, as Senior Regulatory and Market Development Manager;
and Louis D. Langholtz as Senior Software Engineer.
Dr. Klock, Chief Medical Director, is a board-certified Internist and
Hematologist-Oncologist who has been involved in the start-up of five
medical companies. With more than 70 peer-reviewed medical and
scientific publications and eight granted U.S. patents to his name, Dr.
Klock will be developing TechniScan's training and analytical protocols.
He will also be working with Director of Clinical Affairs Karleen
Callahan, with Jessica Smith in Regulatory Affairs and with clinical
study sites to ensure that the Company's clinical objectives are being
met.
Mr. Cier, as Director of Marketing and Communications, is also a
marketing consultant and former Partner, General Manager of the Salt
Lake office of Riester, an advertising, marketing and PR firm. Mr. Cier
will be overseeing the marketing and branding of SVARATM, the
system that captures, computes and shares ultrasound images of the
breast. He will also oversee TechniScan's Investor Relations, Public
Relations and Advertising functions for the commercial launch of SVARATM,
estimated to take place in 2010.
Ms. Smith, Senior Regulatory and Market Development Manager, has a
master's in bioengineering and has worked in the medical industry in a
variety of roles over the past 15 years, from regulatory affairs to
medical writing and market research. Ms. Smith will oversee TechniScan's
510k and other regulatory filings with the FDA, and she will be managing
TechniScan's regulatory consultant, the Anson Group.
As Senior Software Engineer, Mr. Langholtz has more than 20 years'
systems and applications level programming experience in 20-plus
computer languages. His proven background in software programming,
particularly with highly advanced embedded systems, will be of
significant value in support of the system operation, image processing
and application level programming for TechniScan's products.
About TechniScan, Inc.
Based in Salt Lake City, Utah, TechniScan, Inc. is a medical device
company engaged in the development and commercialization of a
non-invasive imaging tool designed to provide physicians with automated
ultrasound images of the human breast. The system, known as SVARA , uses
a process called Warm Bath Ultrasound (WBU ) to provide physicians with
automated, 3D, ultrasound images of the physical structures within the
breast. TechniScan's WBU imaging device (SVARA ) is limited by US law
to investigational use unless and until cleared by the FDA.
For more information, please visit www.techniscanmedical.com.
Forward-Looking Statements
Certain statements in this press release that are not historical
facts are "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements may be
identified by the use of words such as "anticipate," "believe,"
"expect," "future," "may," "will," "would," "should," "plan,"
"projected," "potential," "intend," and similar expressions. Such
forward-looking statements, involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of TechniScan, Inc. (the "Company" ) to be
materially different from those expressed or implied by such
forward-looking statements. The Company's future operating results are
dependent upon many factors, including risk factors discussed in the
Company's periodic filings with the Securities and Exchange Commission,
which are available for review at www.sec.gov,
including the Company's Current Report on Form 8-K filed on October
16th, 2009. The Company undertakes no obligation to update any
forward-looking statement, whether as a result of new information,
future events or otherwise.
Press and Media
TechniScan, Inc.
Andy Cier, Dir. of
Marketing and Communications
801-521-0444 ext. 129
acier@techniscanmedical.com
or
Investor
Relations
Hayden IR
Cameron Donahue, Partner
651-653-1854
cameron@haydenir.com
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