Asteres Inc. Names Retail Veteran Jim Mastrian to Board of Directors

SAN DIEGO--(BUSINESS WIRE)--Asteres Inc., the industry’s leading provider of automated pharmacy kiosks and maker of ScriptCenter^®, announced today that it has named retail veteran Jim Mastrian to its Board of Directors.

“Retailers are laser focused on maximizing the value of the pharmacy customer and ScriptCenter provides solutions that increase pharmacy and store sales while reducing pharmacy hours of operation. This is an exciting time for retail and for companies like Asteres.”

“I’ve had the great pleasure of working with Jim and he brings tremendous retail knowledge and expertise to the table,” said Mark de Bruin, Asteres CEO. “Jim’s successful career in the consumer retail markets will be a valuable asset to the Asteres Board of Directors.”

“I am excited to join the Asteres board of directors,” said Jim Mastrian. “Retailers are laser focused on maximizing the value of the pharmacy customer and ScriptCenter provides solutions that increase pharmacy and store sales while reducing pharmacy hours of operation. This is an exciting time for retail and for companies like Asteres.”

Mastrian’s long and distinguished career began after his graduation from the University of Pittsburgh in 1965 when he joined Peoples Drug Stores, Inc., as a Pharmacist. Over the years, he has held positions of increasing responsibility, including President and General Manager of Gray Drug Fair stores; Senior Vice President, Merchandising and Marketing for The Sherwin-Williams Company; and Executive Vice President of Merchandising and Marketing of Office Max, Inc. In July 1998, he joined Rite Aid as an Executive Vice President of Category Management. He served as Executive Vice President of Marketing, Logistics and Pharmacy Services before being named the company’s Chief Operating Officer in 2005.

Mastrian’s decades of experience in the retail drug industry led him to receive the prestigious Distinguished Alumni Award from the University of Pittsburgh’s School of Pharmacy and most recently received the Sheldon W. Fantle Lifetime Achievement Award from the National Association of Chain Drug Stores.

ABOUT ASTERES

Asteres Inc. develops secure self-service kiosks for the storage and delivery of prescriptions and consumer products. Asteres’ premier product is ScriptCenter, the first prescription pick-up kiosk for retail, healthcare and military pharmacies that allows patients to pickup and pay for their prescriptions even when the pharmacy is closed. For more information visit www.asteres.com.

This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those set forth in the forward-looking statements.