Top Atlanta Financial Professionals Join Vystar Corpora... ( W. Dean Waters and Mitsy Y. Mangum p...)

Top Atlanta Financial Professionals Join Vystar Corporation Board

Date:10/8/2008

W. Dean Waters and Mitsy Y. Mangum put their expertise behind the company that's revolutionizing the natural rubber latex industry with Vytex(TM) NRL

ATLANTA, Oct. 8 /PRNewswire/ -- Vystar Corporation today announced that Atlanta financial and investment professionals, W. Dean Waters, Managing Partner and Founder of Poseidon Capital Investments, LLC and Mitsy Y. Mangum, Vice President of Investments, Raymond James and Associates, have been named to the Vystar Corporation Board of Directors.

"As we accelerate our sales process for Vytex(TM) NRL, our revolutionary latex-safe natural rubber latex (NRL) product, we are experiencing growth that requires a broader base of expertise on our board," Vystar President and Chief Executive Officer William Doyle said. Noting that the Vystar board is also considering the potential for Vystar to become a publicly traded company, he said, "Dean, with 19 years of diversified business experience, and Mitsy, with more than 22 years of financial service and industry experience, complement the resources we have on our Board."

Waters embarked on his career with NationsBank; was one of the founding members of the Capital Markets Group within GMAC Commercial Finance's Equipment Finance Division; and in 2003, founded Poseidon Capital Investments, LLC a diversified investment advisory firm. Mangum is an accomplished investment professional whose career has included vice presidential positions with Smith Barney, Inc., Robinson-Humphrey Co. and Sterne Agee and Leach in addition to Raymond James. In addition, she co-managed a boutique equity trading firm for three years.

The board appointments come at a time when Alatech Healthcare Products, the largest state-of-the-art condom production facility in the U.S., is awaiting 510(k) clearance from the U.S. Food and Drug Administration (FDA) to market the first condoms made with Vytex(TM) NRL. Once approved, the condoms will be sold in the consumer market as well as to
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SOURCE Vystar Corporation
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