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Alliqua Names David Johnson Executive Chairman of Aquamed Technologies and Member of Alliqua Board of Directors
Date:12/4/2012

NEW YORK, Dec. 4, 2012 /PRNewswire/ -- Alliqua, Inc. (OTCQB: ALQA) ("Alliqua" or the "Company") today announced the appointment of David Johnson to the Alliqua Board of Directors as well as executive chairman of Aquamed Technologies, Inc. ("Aquamed"), a wholly owned subsidiary of Alliqua. Aquamed is focused on the manufacture of custom hydrogels used for transdermal drug delivery, wound care, medical diagnostics and cosmetics. Mr. Johnson is a highly respected executive in the wound care industry with over 30 years of experience leading private and public medical device companies. He most recently served as chief executive officer of ConvaTec Inc., a company with annual revenue of approximately $1.6 billion dedicated to the manufacture of acute and chronic wound care products, including antimicrobial ionic silver dressings.

"Dave's appointment to the position of executive chairman of our Aquamed subsidiary is an important step in Alliqua's evolution, as we strategically delineate the businesses within our organization," stated James Sapirstein, president and CEO of Alliqua. "While at ConvaTec Inc., Dave was responsible for an impressive increase in sales of its wound care product line through a number of strategic initiatives including investment in emerging markets, the launch of six new products in the past three years, and careful integration of acquisitions. These skills, as well as his diligent capital management and broad international experience, will serve Alliqua well as we make an effort to increase our position in the wound care market through licensing, acquisitions and other initiatives to build patient solutions to help drive Aquamed's value."

David Johnson was formerly president of the ConvaTec division of Bristol-Myers Squibb, Inc. until 200
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SOURCE Alliqua, Inc.
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