VANCOUVER, British Columbia--(BUSINESS WIRE)--ProtoKinetix (OTCBB: PKTX) (www.protokinetix.com) is pleased to announce that it has appointed Ms. Susan Woodward, as the Company’s Chief Financial Officer. Ms. Woodward has over twenty-five years’ experience in the accounting and management fields. She has held various positions throughout her career in a variety of industries including health care, the oil and gas industry and public accounting. Her experience includes cash and grant management, budget and financial preparation, data analysis, federal and state reporting, policy and procedure setting and oversight of all accounting functions.
ProtoKinetix Inc. also announces that it has retained the services of Mr. Wallace Boyack, a lawyer practicing in Salt Lake City, Utah since 1981. He practices in the areas of securities law, corporate transactions, business law and litigation, including securities litigation. Mr. Boyack has prior experience working for the U.S. Securities and Exchange Commission as an Enforcement Attorney, Staff Attorney and Financial Analyst. He was an Assistant U.S. Attorney for the Department of Justice in the State of Utah from 1976 to 1981. Mr. Boyack is called to the bar of the State of Utah.
Ross Senior, CEO, states, “These additions will add value to the company’s operations. We look forward to working with Ms. Woodward and Mr. Boyack."
Effective September 30, 2014, Ian Gregory resigned as a director of ProtoKinetix Inc. The Company would like to thank Mr. Gregory for his service and wishes him well in his future endeavours.
The Company is engaged in a search for a third Director.
ProtoKinetix, Inc. is a molecular biotechnology company that has developed and patented a family of hyper stable, potent glycopeptides (AAGP™) that dramatically enhance the therapeutic results and reduce the cost of stem cell medicine. Due to the anti-inflammatory effect of AAGP™ molecules, the Company is currently targeting the direct treatment of diseases that have a major inflammatory component.
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Some information included in this press release contains statements that are forward-looking. Such forward-looking information involves significant risks and uncertainties that could affect anticipated results in the future and, accordingly, these results may differ materially from those expressed in any forward-looking statements made by or on behalf of the Company. For a description of additional risks and uncertainties, please refer to the Company’s filings with the Securities and Exchange Commission.
Ross L. Senior – President and CEO