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Spring Point Project Names New Members to Board of Directors
Date:6/16/2008

Board members help guide non-profit on path to cure diabetes

MINNEAPOLIS, June 16 /PRNewswire/ -- Spring Point Project, a Minnesota non-profit organization created to expedite the widespread availability of islet tissue for diabetes care, has attracted two well-known experts to its Board of Directors: Steven D. Murphy and Timothy Scott Clark.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071214/CLF057LOGO-b )

Steven D. Murphy is chief executive officer for the National Pork Board. He is responsible for the development and implementation of promotion, research and consumer information initiatives strategically directed toward the issues most critical to the United States pork industry. Murphy, who was selected as the National Pork Board first CEO in 2001, and his staff provide oversight for 43 state pork associations. Prior to the National Pork Board, Murphy led the creation of three start-up companies centered on leading-edge technologies and information management strategies.

Timothy Scott Clark is a senior partner and member of the executive team of CarVal Investors, a global leader in opportunistic value investing. He joined the firm in 1992, and has experience investing in a wide variety of assets. Clark received his MBA from the University of Chicago and his Bachelor of Arts degree from DePauw University. He is active in the community and currently sits on several for-profit and non-profit boards.

"Steve and Tim bring diverse areas of expertise that will add great value to our board and Spring Point Project," says Tom Cartier, president and chairman of the Spring Point Project board. "Steve's knowledge of the pork and biotech industries and Tim's experience in finance and business will be invaluable not only in providing direction for daily operations but also in further development of pig islets to a clinical entity."

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SOURCE Spring Point Project
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