Zila, Inc. Names Lawrence A. Gyenes Chief Financial Officer
March 13 2007 - 9:00AM
Business Wire
Zila, Inc. (Nasdaq GM: ZILA) announced that Lawrence A. Gyenes has
been named Chief Financial Officer effective immediately.
Throughout his career, Mr. Gyenes has played a significant role in
creating and realizing value in both public and private companies,
including pharmaceuticals, consumer products and technology-based
businesses. Mr. Gyenes possesses over twenty years� experience in
the healthcare and pharmaceutical industries where he held the
chief financial officer or top financial positions at G.D. Searle
& Co., Reliant Pharmaceuticals, Inc. and, more recently, at
Savient Pharmaceuticals, Inc. He also served as chief financial
officer for Helene Curtis, Inc., the consumer products company, and
CompuServe, Inc., the on-line services pioneer. Mr. Gyenes was also
an independent advisor to DuPont Pharmaceuticals, leading to its
sale to Bristol-Myers Squibb. Most recently, he served as an
advisor to several private pharmaceutical companies and healthcare
fund managers. �Zila is fortunate to have an experienced financial
executive of Larry�s caliber,� said Douglas D. Burkett, Ph.D.,
Chairman, Chief Executive Officer and President of Zila. �We
welcome Larry to the senior management team. His experience in
healthcare and development companies will be a tremendous asset for
us. His outstanding track record in creating and realizing value
for shareholders is a reflection of his broad experience, strategic
thinking and leadership skills.� �I am impressed by Zila�s recent
transformation into a cancer detection company and the tremendous
growth opportunity ahead. This is an exciting time to join the
company,� said Mr. Gyenes. �I look forward to working with Doug and
the management team as we grow and strengthen our position as a
leading oral cancer detection company.� Mr. Gyenes is a certified
public accountant with an MBA from the University of Chicago and
also possesses a B.S. in accounting from the University of
Illinois. He is also a past nominee for the New Jersey Technology
Council�s CFO Hall of Fame. About�Zila, Inc. Zila, Inc.,
headquartered in Phoenix, is a leading�oral cancer diagnostic
company�focused on the prevention and treatment of oral disease:
Zila is dedicated to establishing ViziLite� Plus as the new
standard of care for the early detection of oral abnormalities that
could lead to cancer, with�an initial focus on the dental market
through Pro-Dentec�, a leading designer, manufacturer and marketer
of Soft Tissue Management (STM�) products. Sold�exclusively�and
directly to dental professionals, Pro-Dentec's core products
include the Rota-dent� Professional Powered Brush, the Pro-Select3�
Piezo-Ultrasonic Scaler System and a suite of pharmaceutical STM�
products for both in-office and home-care use. Zila is also focused
on achieving regulatory approval for the next generation oral
cancer diagnostic, OraTest�, followed by the development of
additional applications of its cancer detection technologies. For
more information about Zila, visit www.zila.com. This press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based
largely on Zila's expectations or forecasts of future events, can
be affected by inaccurate assumptions and are subject to various
business risks and known and unknown uncertainties, a number of
which are beyond the Company's control. Therefore, actual results
could differ materially from the forward-looking statements
contained herein. A wide variety of factors could cause or
contribute to such differences and could adversely impact revenues,
profitability, cash flows and capital needs. There can be no
assurance that the forward-looking statements contained in this
press release will, in fact, transpire or prove to be accurate, and
we disclaim any obligation to update or revise any such
forward-looking statements. For a more detailed description of
these and other cautionary factors that may affect Zila's future
results, please refer to the documents we file with the Securities
and Exchange Commission, including our Form 10-K for the fiscal
year ended July 31, 2006, our Current Report on Form 8-K filed on
December 28, 2006, and our Form 10-Q for the quarter ended January
31, 2007.
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