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Glycominds Appoints Board of Directors Chairman
Date:10/18/2007

LOD, Israel, October 18 /PRNewswire/ -- Glycominds Ltd., a biodiagnostics company specializing in glycan biomarkers for diagnosis and disease management of autoimmune diseases and cancer, announced today the appointment of Dr. Chen Even as Chairman of the Company's board of directors. Dr. Chen, a board member since 2004, contributes more than a decade of experience in in-vitro diagnostics.

"We are very pleased to elevate Dr. Even to the role of Chairman," stated Dr. Avinoam Dukler, Glycominds' co-founder, director and Chief Executive Officer. "As a valuable member of our team, his in-depth experience in in-vitro diagnostics has heightened the credibility of Glycominds and our glycan technology as we roll-out our innovative tests for autoimmune prognosis and the early detection of cancer in Israel, Europe, and the U.S. In addition to his strong scientific educational background, he raises our Company's profile in preparation for an initial public offering in the U.S."

Dr. Even is a board member and Senior Corporate Vice President of Commercial Operations at DiaSorin, where he participated in management buyout in 2000. The Italy-based developer and manufacturer of reagents for in-vitro diagnostics markets its products world-wide in the fields of infectious disease, hepatitis, endocrinology, bone and mineral metabolism, cancer, brain injury, cardiac disorders, therapeutic drug monitoring and autoimmunity. In recent years Dr. Even has been responsible for executing DiaSorin's growth and acquisition strategies. Prior to DiaSorin, Dr. Even was a Director of Molecular Biology and Director of Worldwide Distribution for the medical division of American Standard International. He has a Ph.D. in microbiology/virology and a bachelor's degree in computer science from the University of Minnesota, and completed his fellowship in neurology at the University of California. He has also been awarded several grants and published over twenty publications in peer-revie
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SOURCE Glycominds Ltd.
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