Novogen Limited Appoints New Director
February 25 2005 - 8:00AM
PR Newswire (US)
Novogen Limited Appoints New Director SYDNEY, Australia and
STAMFORD, Conn., Feb. 25 /PRNewswire-FirstCall/ -- Listed
pharmaceutical company, Novogen Limited (NASDAQ:NVGN) (ASX:NRT) has
appointed Mr. Geoffrey Leppinus as a Non-executive Director of the
Company. Mr. Leppinus is a former Senior Advisory and Audit Partner
with the international accounting firm KPMG and has over 30 years
experience in professional accounting, audit and finance. Novogen
Chairman, Mr. Philip Johnston, said Mr. Leppinus would bring a vast
knowledge of finance and commercial experience to the Board. "Geoff
Leppinus has considerable experience in all aspects of large public
company finance and this experience and knowledge will be a welcome
addition to the Board as the Company continues the
commercialization and internationalization of its activities," Mr.
Johnston said. Mr. Leppinus joins a board comprising Non-executive
Chairman Mr. Philip Johnston, Managing Director Mr. Christopher
Naughton, Executive Director Dr. Graham Kelly, and Non-executive
Directors Professor Paul Nestel, Dr. Leanna Read and Mr. Peter
Simpson. He will become an independent director on the Audit
Committee of the Company. Novogen has an international business in
the research and development of drugs derived from its phenolic
technology platform. The Company manages its research and
development programs utilizing the expertise and clinical research
capabilities of universities and hospitals in Australia, the U.S.
and other key international locations. The Novogen group of
companies includes the listed subsidiary Marshall Edwards, Inc.
(NASDAQ:MSHL) (LSE-AIM: MSH). More information on the Novogen Group
can be found at http://www.novogen.com/ and
http://www.marshalledwardsinc.com/. Statements included in this
press release that are not historical in nature are
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. You should be aware that our actual results could differ
materially from those contained in the forward-looking statements,
which are based on management's current expectations and are
subject to a number of risks and uncertainties, including, but not
limited to, our failure to successfully commercialize our product
candidates; costs and delays in the development and/or FDA
approval, or the failure to obtain such approval, of our product
candidates; uncertainties in clinical trial results; our inability
to maintain or enter into, and the risks resulting from our
dependence upon, collaboration or contractual arrangements
necessary for the development, manufacture, commercialization,
marketing, sales and distribution of any products; competitive
factors; our inability to protect our patents or proprietary rights
and obtain necessary rights to third party patents and intellectual
property to operate our business; our inability to operate our
business without infringing the patents and proprietary rights of
others; general economic conditions; the failure of any products to
gain market acceptance; our inability to obtain any additional
required financing; technological changes; government regulation;
changes in industry practice; and one-time events. We do not intend
to update any of these factors or to publicly announce the results
of any revisions to these forward-looking statements. DATASOURCE:
Novogen Limited CONTACT: Christopher Naughton, Managing Director,
of Novogen Limited, +02-9878-0088, or David Sheon of SciWords, LLC,
+1-202-518-6578, for Novogen Limited Web site:
http://www.novogen.com/ http://www.marshalledwardsinc.com/
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