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NEW YORK, April 29 /PRNewswire-FirstCall/ -- Nephros, Inc. (Amex: NEP) today announced that, effective April 28, 2008, Gerald J. Kochanski has been appointed Chief Financial Officer.
Mr. Kochanski joins the company from Lordi Consulting LLC, where he has served as Director since 2007.
"Jerry has a proven track record as a chief financial officer, and we will look to his expertise to help guide our financial and business strategy," said Norman J. Barta, Chief Executive Officer of Nephros. "His wealth of experience in helping to run several businesses combined with his knowledge of the investment community, industry accounting requirements and SEC compliance will be significant assets as our team continues to advance our strategic vision."
"I look forward to becoming a key contributor to Nephros's future growth," said Mr. Kochanski. "Nephros's efforts to develop new and improved filtration systems for medical and field use are indeed exciting, and I'm anxious to start working with the other members of the Nephros team to maximize the Company's potential."
Mr. Kochanski is a Certified Public Accountant with over thirty years of experience in finance and accounting. Mr. Kochanski has a strong track record working with growing companies, and has played a key role in several major corporate collaborations, successfully completing public and private financial transactions.
Since February of 2007, Mr. Kochanski held the position of Financial
Consultant Director at Lordi Consulting LLC. Prior to his tenure at Lordi,
he spent three years with American Water Enterprises, Inc. as Chief
Financial Officer. From 1998 through 2004, Mr. Kochanski was the Chief
Financial Officer for Scanvec Amiable Limited. From 1991 to 19
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