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American Biosurgical Adds David Brazeal, CPA as Chief Financial Officer
Date:7/21/2008

NORCROSS, Ga., July 21 /PRNewswire/ -- American Biosurgical, a global leader in the custom medical cable market announced today that David Brazeal, CPA has joined the company as Chief Financial Officer. As CFO, David will report to Joe McGhee, Chairman and Chief Executive Officer and will have responsibility for leading the finance organization and developing and implementing financial strategies on a global basis.

With over 25 years of senior financial management experience, David will work closely with the company's management team and Board of Directors to drive value by supporting the company's sales and operations efforts.

"David brings tremendous experience in the financial, operational and private equity realms, which will be invaluable to us as we continue to build a robust, scalable business," said Joe McGhee, Chairman and CEO of American Biosurgical.

"I am excited to be joining such a pioneering company in a fast, dynamic market," said Brazeal. "I think American Biosurgical has tremendous potential and I look forward to being a business partner with the rest of the management team as we implement American Biosurgical's financial and operational strategies."

Prior to joining American Biosurgical, David served as Chief Financial Officer of Dixie HomeCrafters, a private equity backed sales and marketing organization focused on the home improvement industry. While at Dixie HomeCrafters, he was instrumental in creating over $15 million of EBITDA improvements through strategic cost control and product delivery initiatives.

Before joining Dixie HomeCrafters, David was the Chief Financial Officer of Barton Protective Services, a contract security services firm that grew to become the fifth largest security services provider in the United States. He helped grow Barton to $400 million in revenue before leading the company through a sale that resulted in the highest EBITDA multiple ever paid in the industry.

Earlier in his career, David served in financial management positions at Integrated Business Systems and the Uniflex Corporation, after beginning his career with KPMG. He earned his Bachelors degree from the University of Georgia in Accounting, and earned his MBA from Kennesaw State University.

About American Biosurgical

American Biosurgical, LLC ( http://www.americanbiosurgical.com ), headquartered in Norcross, GA, is one the world's leading custom medical cable companies. American Biosurgical provides custom cable solutions to the world's leading medical device companies.

Contact:

Michael Fellows

American Biosurgical

(770) 416-1992


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SOURCE American Biosurgical
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