CORRECTING and REPLACING American Scientific Resources Names New Board Member
August 24 2011 - 3:23PM
Business Wire
The correct title for Robert T. Faber with Comstock Mining Inc.
is President, Chief Executive Officer and Chief Accounting Officer
(sted President, Chief Executive Officer and Chief Financial
Officer).
The corrected release reads:
AMERICAN SCIENTIFIC RESOURCES NAMES NEW BOARD MEMBER
American Scientific Resources, Incorporated (“American
Scientific” or the “Company”) (OTCQB:ASFX) today announced that
Robert T. Faber, CPA, has joined the Company’s board of directors
(the “Board)). This additional brings the total membership of the
board to five.
Mr. Faber is a financial executive with more than 20 years of
financial management, business and acquisition experience including
substantial experience in international markets. Currently, Mr.
Faber is the President, Chief Executive Officer and Chief
Accounting Officer of Comstock Mining Inc., a company he joined in
2003. Mr. Faber previously served as Vice President of United Site
Services, Inc., a privately held consolidator in the waste
industry. Additional, Mr. Faber served as an executive with Allied
Waste Industries. Mr. Faber spent 17 years with Waste Management,
Inc., a publicly traded environmental services company, during
which time he served in senior positions both internationally and
domestically. Mr. Faber’s positions included Director of Finance
for Waste Management’s $1.4 billion multi-country international
operations based in London, England and Vice President and
Controller for several $100 million plus multi-state market areas.
His experience and background provide him with a broad range of
expertise in public company issues.
“We believe that Rob’s unique capabilities are going to be
invaluable to American Scientific as we continue to make inroads
with the disintegrator and seek new international market
opportunities,” said Dr. Christopher Tirotta, Chairman and Chief
Executive Officer of the Company. He continued, “Rob has proven
expertise in developing and implementing business strategies for
complex multi-country, multi-currency, multi-location and
multi-cultural business environments. Further, his extensive merger
and acquisition experience with more than 50 separate transactions
ranging from $250 million to $500,000 million, provides welcome
experience and expertise as he joins our Board.”
Mr. Faber is a Certified Public Accountant (currently
unlicensed) and is a graduate of Saint John’s University, where he
earned a B.S. in Accounting.
About American Scientific Resources, Incorporated
American Scientific Resources, Incorporated is a purpose-driven
consumer product manufacturer specializing in the clinical, home
healthcare, infant and juvenile product industries. The Company
sources and designs innovative health and safety products,
developing advanced technology and intellectual property. Products
are distributed through established relationships in-house and
through an ever growing network of leading global healthcare
distributors and retailers. Brands under the American Scientific
Resources umbrella include Kidz-Med, Disintegrator Plus, and
VeraTemp.
For more information, please visit the Company’s corporate web
sites at www.americansci.com, www.kidzmed.com and
www.disintegratorplus.com.
Forward Looking Statements
The information contained herein includes forward-looking
statements. These statements relate to future events or to our
future financial performance, and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance, or achievements to be materially
different from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statements reflect our current views with
respect to future events and are subject to these and other risks,
uncertainties and assumptions relating to our operations, results
of operations, growth strategy and liquidity. We assume no
obligation to publicly update or revise these forward-looking
statements for any reason, or to update the reasons actual results
could differ materially from those anticipated in these
forward-looking statements, even if new information becomes
available in the future.
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