HemoSense Names Gordon Sangster as Chief Financial Officer
01 Septiembre 2006 - 3:05PM
Business Wire
HemoSense, Inc. (AMEX:HEM) today announced that Gordon Sangster
will join the Company on September 18, 2006, as vice president of
finance and chief financial officer. Mr. Sangster is replacing Paul
Balsara, who is leaving on September 30, 2006, due to health
reasons and returning to part-time consulting. Mr. Balsara has
agreed to be available for HemoSense in a part-time consulting role
through the end of January 2007. "We are very pleased to have
Gordon become part of our management team. His extensive executive
level experience in the healthcare sector will be an important
asset to HemoSense as we continue our rapid growth and expand the
market for our products," said Jim Merselis, President and CEO of
HemoSense. "I also want to thank Paul Balsara for his outstanding
service to the Company, and wish him well. Paul will be a
consultant with HemoSense through the end of January to assist
Gordon and ensure a smooth transition." From August 2000, Mr.
Sangster was chief financial officer of A.P. Pharma, a specialty
pharmaceutical company based in Redwood City, Calif. He also served
as that company's vice president of finance and controller from
April 1993 to July 2000. Previously, Mr. Sangster was manager,
international finance, for Raychem, Inc., and international
controller for CooperVision, Inc. He is a member of the Institute
of Chartered Accountants in England and Wales and attended the
University of Edinburgh in Scotland. About HemoSense HemoSense
develops, manufactures and markets easy-to-use, handheld blood
coagulation systems for monitoring patients taking warfarin. The
HemoSense INRatio(R) system, used by healthcare professionals and
patients themselves, consists of a small monitor and disposable
test strips. It provides accurate and convenient measurement of
blood clotting time, or PT/INR values. Routine measurements of
PT/INR are necessary for the safe and effective management of the
patient's warfarin dosing. INRatio is sold in the United States and
internationally. For more information, visit www.hemosense.com.
This press release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. Statements in this press release regarding the Company's
business that are not historical facts may be "forward-looking
statements" that involve risks and uncertainties. Specifically, the
statements concerning the Company's expectation of continued rapid
growth and the expansion of market for its products are
forward-looking statements within the meaning of the Safe Harbor.
Forward-looking statements are based on management's current,
preliminary expectations and are subject to risks and uncertainties
which may cause the actual results to differ materially from the
statements contained herein. Further information on the Company's
business and risk factors are detailed in its filings with the
Securities and Exchange Commission, including its Form 10-Q for the
quarter ended June 30, 2006, filed on August 11, 2006. Undue
reliance should not be placed on these forward-looking statements,
which speak only as of the date they are made. The Company
undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events or circumstances
after the date they were made, or to reflect the occurrence of
unanticipated events. HemoSense(R) and INRatio(R) are registered
trademarks of HemoSense, Inc.
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