RANCHO CORDOVA, Calif., June 10 /PRNewswire-FirstCall/ -- ThermoGenesis Corp. (Nasdaq: KOOL), a leading supplier of innovative products for processing and storing adult stem cells, said today that J. Melville Engle, the Company's Chief Executive Officer, has been appointed to its board of directors. His appointment brings the total number of directors to six.
Engle, who has more than 30 years of management experience in the healthcare industry, joined the Company as Chief Executive Officer in April 2009.
"In his short time at ThermoGenesis, Mel has demonstrated strong leadership skills and has implemented initiatives to continue the Company's turnaround strategy. We look forward to his contributions as a member of the board," said Dr. Hubert Huckel, Chairman of the Board of Directors.
"I appreciate this recognition from our board and look forward to even further collaboration with them as ThermoGenesis realizes its growth strategies. I continue to be excited about the Company's prospects, based on its technology leadership, track record of product innovation and the growing stem cell market opportunity," Engle noted. "The initial response to our new MarrowXpress(TM) (MXP) used to prepare cell concentrates from bone marrow has been positive, and we are looking forward to the pending launch of the Res-Q(TM), a point-of-care device for the bone marrow market," he added.
Prior to joining ThermoGenesis, Engle was Chief Executive Officer of Raydiance, Inc., a laser technology company. For six years he served as President and Chief Executive Officer of Dey LP, a $600 million specialty pharmaceutical company, an affiliate of Merck KGaA. While at Dey, he served as Regional Director, North America, for the Merck Generics Group. He also served as Chairman, President and Chief Executive Officer of Anika Thera
|SOURCE ThermoGenesis Corp.|
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