BEVERLY HILLS, Calif., June 30, 2011 /PRNewswire/ -- OXIS International, Inc. (OTC Bulletin Board: OXIS; Euronext Paris: OXI) today announced that it has named David Saloff to its Board of Directors. The Company's Board now has five members, including four independent Directors.
"We are very pleased to have David Saloff, an outstanding businessmen and industry leader, join the OXIS International Board of Directors," said Anthony J. Cataldo, Chairman of OXIS International. "OXIS is poised to be a significant force in the health and nutrition industry, and David's experience and expertise in developing and marketing products and in creating the opportunities that grow large sustainable businesses will play a key role in our success."
Mr. Saloff is a successful entrepreneur in the healthcare industry, having founded three companies, two of which went public and a third that was sold to a leading healthcare products company. In 1991, he founded Electropharmacology, which developed first-generation solid state pulse electromagnetic field therapy devices to treat chronic wounds. Later he started LifeWaves International, a health and fitness research and development company based on a revolutionary exercise and lifestyle theory to increase longevity. He also was co-founder and co-chief executive officer of Ivivi Technologies, which developed and manufactured advanced non-drug anti-inflammatory devices for the treatment of chronic and acute wounds and post-surgical pain.
Mr. Saloff is currently Chief Executive Officer of Age Reversal, Inc., a start-up technology management platform, which was formed to acquire or invest in companies, and license products and technologies that address improving health across the lifespan.
About OXIS International, Inc.
OXIS International, Inc. is a long-established but recently revitalized biotechnology Company developing multiple proprietary, natural substance-based products focused on oxidative stress and inflammation, which are associated with the negative effects of free radicals and reactive oxygen species. The Company's consumer product portfolio includes dietary supplements and is expected ultimately to include functional foods and beverages, skin care and other personal care products, and animal health products. Specifically, OXIS is emphasizing the unique properties of L-Ergothioneine, a highly potent, patent-protected and versatile antioxidant. The Company has completed a strategic financing agreement with its primary product development and manufacturing partner, Gemini Pharmaceuticals, launched its first product, ErgoFlex for joint pain relief and overall joint health, and announced a joint venture with engage:BDR, a global leader in online sales and marketing. For more information, please visit www.oxis.com
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|SOURCE OXIS International, Inc.|
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