Zila Announces CFO Management Change
August 01 2007 - 1:00PM
PR Newswire (US)
PHOENIX, Aug. 1 /PRNewswire-FirstCall/ -- Zila, Inc. (NASDAQ:ZILA),
announced today that Lawrence A. Gyenes has resigned as Chief
Financial Officer in order to pursue other interests. Diane E.
Klein, Vice President and Treasurer, was promoted to Vice President
of Finance and has assumed the duties of the principal financial
officer of the Company. Dr. Frank J. Bellizzi, President, Zila
Pharmaceuticals, commented, "We are very fortunate to have an
individual as experienced and capable as Diane Klein, as it allows
us to promote from within the organization. On behalf of the Board
of Directors and Zila's entire management team, I would like to
thank Larry for his service to the Company and wish him continued
success in all of his future endeavors." Larry Gyenes stated, "As a
continuing Zila shareholder, I wish the entire team much success as
it executes upon its strategic plan." Diane Klein has served as
Vice President and Treasurer since June, 2004. She joined Zila in
August, 2003 as Director of Finance. Prior to joining the Company,
Diane was Vice President-Finance for Bay Area Foods, Inc., and
prior to that she held progressively responsible
financial/accounting positions at Southwest Supermarkets, LLC,
MegaFoods Stores, Inc. and the Circle K Corporation. She also was
previously a senior manager in the audit practice of Arthur
Andersen & Co. in Phoenix. About Zila, Inc. Zila, Inc.,
headquartered in Phoenix, is an oral cancer screening company
focused on the prevention and treatment of oral disease. Zila is
dedicated to establishing ViziLite(R) 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(R), a leading designer, manufacturer and marketer of
Soft Tissue Management (STM(R)) products. Sold exclusively and
directly to dental professionals, Pro-Dentec's core products
include the Rota-dent(R) Professional Powered Brush, the
Pro-Select3(R) Piezo-Ultrasonic Scaler System and a suite of
pharmaceutical STM(R) products for both in-office and home-care
use. For more information about Zila, visit http://www.zila.com/.
Safe Harbor Statement 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 April 30, 2007. DATASOURCE: Zila,
Inc. CONTACT: Melanie Boosamra, Investor Relations of Zila, Inc.,
+1-602-200-3263 Web site: http://www.zila.com/
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