Saliva Diagnostic Systems, Inc. Appoints Pattison and Woodrich to Board of Directors
November 30 2005 - 3:51PM
PR Newswire (US)
FRAMINGHAM, Mass., Nov. 30 /PRNewswire-FirstCall/ -- Saliva
Diagnostic Systems, Inc., (OTC:SVAD) (BULLETIN BOARD: SVAD) today
announced the appointment of D. Bruce Pattison and Richard H.
Woodrich to the company's board of directors. Mr. Woodrich has also
been elected Chairman of the Board's Audit Committee. Both
executives bring to the board proven experience and expertise in
the management and growth of medical device and biotechnology
firms. Mr. Pattison, the Company's President and Chief Operating
Officer since May 2, 2005, has over thirty years experience with
technology based, health- care companies serving both diagnostic
and therapeutic market segments. During the 1970's he held several
senior management positions with the medical diagnostic and device
division of Corning Glass Works. After leaving Corning, Mr.
Pattison was President of three start-up companies involved with
innovative drug-delivery products. At the Infusaid Corporation
during the 1980's, Mr. Pattison led the regulatory approval and
commercialization of two unique medical products: the industry's
first implantable pump and the first vascular access port. Most
recently, Mr. Pattison negotiated the sale of Arrow International's
drug delivery business to Johnson & Johnson and then joined
J&J as Executive Director of Drug Delivery. Mr. Pattison has a
Bachelor of Science degree from Cornell University, Ithaca NY. Mr.
Woodrich is President and CEO of Woodrich & Associates, Inc., a
management consulting firm providing strategic services to the
biotechnology industry. Mr. Woodrich has more than twenty five
years of business experience in technology-based life science
companies. Prior to founding Woodrich & Associates, Mr.
Woodrich held several senior management positions with emerging
growth biotechnology companies. Mr. Woodrich served from 1999 to
2004 as the Senior Vice President, Business Development for Therion
Biologics Corporation, a privately held biopharmaceutical company.
Previously, Mr. Woodrich served as Executive Vice President and
Chief Operating Officer of CytoMed, Inc. from 1995 until its
acquisition in 1999. From 1991 until its acquisition in 1995, Mr.
Woodrich served as Senior Vice President, Finance and
Administration, CFO and later as President and Director of Oculon
Corporation. Mr. Woodrich has served in financial management
positions at Infinet, Inc., Applied bioTechnology, and Millipore
Corporation. While serving as a Senior Accountant at Arthur
Andersen & Co., Mr. Woodrich became a Certified Public
Accountant. Mr. Woodrich has a Bachelor of Science degree from
Rensselaer Polytechnic Institute and a Masters in Business
Administration from the Harvard University Graduate School of
Business Administration. "We are very pleased Mr. Pattison and
Woodrich join our company's Board of Directors," stated Steve
Peltzman, Chairman and Chief Executive Officer. "We are truly
fortunate to able to attract individuals of such quality, industry
knowledge and business competence. These appointments greatly
strengthen our Company's corporate governance capabilities and are
consistent with our commitment to increase the number of outside,
independent directors." About Saliva Diagnostic Systems, Inc.
Saliva Diagnostic Systems is engaged in the development,
manufacture and marketing of rapid immunoassay tests for the
detection of sexually transmitted and other infectious diseases; in
addition, the Company has developed and is marketing a product line
of patented, oral-fluid collection devices. The Company's
proprietary platforms provide significant customer benefits and
competitive advantages as compared to similar products that are
currently available. Improved accuracy, operator convenience, and
reduced risk of infection from collecting and handling specimens,
have been engineered into SDS products. All of our diagnostic tests
are based on the same easy-to-use technology platform, thus
facilitating the development of future products. Saliva Diagnostic
System's technology provides a quick, accurate, portable, safe and
cost-effective solution. DATASOURCE: Saliva Diagnostic Systems,
Inc. CONTACT: Mr. Steve M. Peltzman, Chairman and CEO of Saliva
Diagnostic Systems, Inc., +1-508-872-2625, Fax +1-508-872-2728 Web
site: http://www.salv.com/
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