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Alliqua Strengthens and Realigns Executive Team
Date:2/5/2013

NEW YORK, Feb. 5, 2013 /PRNewswire/ -- Alliqua, Inc. (OTCQB: ALQA) ("Alliqua" or the "Company") today announced a strategic realignment of the senior executive team. This change is designed to strengthen the leadership of the Company's differentiated businesses including the sales of Alliqua's marketed brands, SilverSeal® and Hydress®. The Alliqua Board of Directors has approved David Johnson , who joined the Board in December of 2012 and is currently the executive chairman of AquaMed Technologies, to now assume the additional responsibility of chief executive officer of Alliqua, Inc. Concurrently, James Sapirstein will become the chief executive officer of Alliqua BioMedical, Inc., a wholly-owned subsidiary of the Company. 

"David is an excellent choice to take on these additional responsibilities, with his deep background in leading world class organizations, most recently Convatec Inc., a $1.7 billion global leader in wound therapeutic technologies; and will position the company well to build value for our shareholders," said Jerome Zeldis , M.D., Ph.D., chairman of the Alliqua Board of Directors. "Under James Sapirstein's leadership as CEO, Alliqua has adopted a new a strategic corporate plan including a process to bolstering our proprietary product pipeline. His skills and counsel will continue to be valuable to Alliqua as we move forward and take the next step by realigning our leadership team to best support our business."

"In the two months since I joined Alliqua, it has become apparent that great opportunities exist for both the immediate commercialization of our existing wound care products, SilverSeal® and Hydress®, as well as our platform hydrogel technology," said Dave Johnson . "In addition, we will continue to pursu
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SOURCE Alliqua, Inc.
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