Isolagen, Inc. Promotes Declan Daly to Chief Operating Officer
July 06 2007 - 9:30AM
PR Newswire (US)
EXTON, Pa., July 6 /PRNewswire-FirstCall/ -- Isolagen, Inc.
(AMEX:ILE) today announced that the Company's Chief Financial
Officer (CFO), Declan Daly, has been appointed to the position of
Chief Operating Officer. In addition to his current
responsibilities as CFO, Mr. Daly will oversee Manufacturing
Operations, Clinical & Regulatory Affairs and Quality Systems.
He will continue to report to Nicholas L. Teti, Jr., Isolagen
Chairman and Chief Executive Officer and serve as a member of the
executive leadership team. "I am extremely pleased to promote
Declan to Chief Operating Officer. I have worked with him for many
years and know that he has the skills, experience and commitment
needed to drive the growth and success of Isolagen," said Mr. Teti.
"Continuing to streamline management responsibilities will help
enhance our focus on achieving key Company objectives." Mr. Daly,
44, has served as Isolagen's Chief Financial Officer and Executive
Vice President, Europe since June 2006. Prior to joining Isolagen,
he served as Executive Vice President and Chief Financial Officer
at Inamed Corp. Mr. Daly holds a B.A. in Management Science and
Industrial Systems Studies from Trinity College, Dublin and is a
Fellow of the Institute of Chartered Accountants in Ireland. About
Isolagen, Inc. Isolagen(TM), Inc. (AMEX:ILE) is an aesthetic and
therapeutic company committed to developing and commercializing
scientific advances and innovative technologies. The company's
technology platform includes the Isolagen Process(TM), a novel cell
processing system for skin and tissue rejuvenation which is
currently in clinical development for a broad range of applications
including facial rejuvenation and wrinkles, acne scars, burn scars
and periodontal disease. Isolagen also commercializes a
scientifically-advanced line of skincare systems through its
majority-owned subsidiary, Agera(R) Laboratories, Inc. For
additional information, please visit http://www.isolagen.com/ .
Forward Looking Statements All statements in this news release that
are not based on historical fact are "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995 and the provisions of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. While management has based any forward-looking
statements contained herein on its current expectations, the
information on which such expectations were based may change. These
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of risks,
uncertainties, and other factors, many of which are outside of our
control, that could cause actual results to materially differ from
such statements. Such risks, uncertainties, and other factors
include, but are not necessarily limited to, those set forth under
Item 1A "Risk Factors" in the Company's Annual Report on Form 10-K
for the year ended December 31, 2006, as updated in "Item 1A. Risk
Factors" in the Company's Quarterly Reports on Form 10-Q. We
operate in a highly competitive and rapidly changing environment,
thus new or unforeseen risks may arise. Accordingly, investors
should not place any reliance on forward-looking statements as a
prediction of actual results. We disclaim any intention to, and
undertake no obligation to, update or revise any forward-looking
statements. Readers are also urged to carefully review and consider
the other various disclosures in the Company's Annual Report on
Form 10-K for the year ended December 31, 2006, as well as other
public filings with the SEC since such date. DATASOURCE: Isolagen,
Inc. CONTACT: Media, Mike Beyer of Sam Brown Inc. for Isolagen,
Inc., +1-773-463-4211, ; or Investors, Charles Huiner of Isolagen,
Inc., +1-484-713-6200, Web site: http://www.isolagen.com/
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