Functional Technologies Appoints Interim CFO
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/09/12 -- Functional Technologies Corp. (TSX VENTURE: FEB) (the "Company") announced it has appointed Mr. Christopher Morris as interim Chief Financial Officer (CFO) to replace Ms. Sherrill Palmer, who has departed the Company. The Board of Directors wishes Ms. Palmer well in her future endeavors.
Mr. Morris has more than 12 years of experience in the finance industry including senior roles in corporate finance, capital markets, and restructuring initiatives. Mr. Morris is founder and President of R.C. Morris & Company, which provides various financial, advisory and consulting services to companies, investors and executives, and has previously held several senior executive roles in both private and public companies. Mr. Morris holds a PhD from Cambridge University.
About Functional Technologies Corp.
Functional Technologies develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries. The Company's platform improves the performance of innate yeast functions, and prevents the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by the World Health Organization as probable human carcinogens. Functional Technologies' lead technologies include yeasts that prevent and reduce the formation of the foul-smelling hydrogen sulphide (H2S) and the carcinogens acrylamide and ethyl carbamate (more commonly known as urethane), by-products of food and beverage processing. These contaminants are found in many commonly consumed items, such as fermented food products and alcoholic beverages, and baked and fried foods. With a head office in Vancouver, Functional Technologies Corp. has R&D operations in Prince Edward Island and Europe, as well as a U.S. sales office in Napa Valley, California. For more information, please visit our website at .
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Functional Technologies Corp.
Connie Chen, PhD
VP, Corporate Development and Communications
+1.647.282.5038
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Datum: 09.01.2012 - 08:15 Uhr
Sprache: Deutsch
News-ID 1070979
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Biotech
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