WaferGen Appoints Seasoned Industry Executives to Board of Directors and Scientific Advi...( Also Announces Chief Operating Office...),Health

Also Announces Chief Operating Officer Promotion

FREMONT, Calif., May 18 /PRNewswire-FirstCall/ -- WaferGen Biosystems, Inc. (OTC Bulletin Board: WGBS), a leading developer of state-of-the-art genetic analysis systems, today announced two key appointments, naming Robert J. Hariri, M.D., Ph.D., to its board of directors and Lincoln J. McBride, Ph.D., as a senior scientific advisor and member of its scientific advisory board. With extensive life science industry experience, Drs. Hariri and McBride provide WaferGen with key leadership and expertise to support the company's strategy and ongoing efforts to commercialize its SmartChip(TM) Real-Time PCR System. In connection with these appointments, Amjad Huda, WaferGen's chief financial officer and treasurer, and Victor Joseph, WaferGen's chief technology officer and secretary, will step down from their positions on the company's board of directors. Additionally, WaferGen announced that Mona Chadha, former vice president of marketing and business development, has been promoted to interim chief operating officer and executive vice president of marketing and business development.

"We believe that we have significantly strengthened the leadership team at WaferGen with the additions of Drs. Hariri and McBride. Through careers marked by achievement, these gentlemen have distinguished themselves as highly-regarded life science executives and we are pleased to count them among the many talented individuals that comprise our management team, board of directors and scientific advisory board," stated Alnoor Shivji, WaferGen's chairman and chief executive officer. "We are equally pleased to announce the much deserved promotion of Mona Chadha, whose contributions to WaferGen have been critical to the development of the SmartChip system, positioning the company for the product's successful commercialization. Finally, we would like to thank both Amjad Huda and Victor Joseph for the importa
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