Exaeris, Unit Of Inyx, Announces Key Appointments
April 18 2006 - 9:00AM
PR Newswire (US)
Two New Board of Directors EXTON, Pa., April 18
/PRNewswire-FirstCall/ -- Exaeris, Inc., a wholly owned subsidiary
of Inyx, Inc. (OTC:IYXI) (BULLETIN BOARD: IYXI) , announced today
that it has appointed two non-executive members to its Board of
Directors: Bruce Simpson, an accomplished pharmaceutical executive,
and William Storms, M.D., a recognized key opinion leader in
respiratory medicine. Exaeris also announced two recent management
hires: Christopher Henshall has joined the company in the newly
established position of Director of Marketing, and Steven Surrette
in the position of East Regional District Manager. "Bruce Simpson
and Bill Storms expand the leadership on the Exaeris board,
ensuring strong corporate governance and strategic insight from
both corporate and customer perspectives. This will enable us to
better execute sound business initiatives that are relevant to
industry needs," said Stephen Beckman, President of Exaeris. Bruce
Simpson is currently principal of Bruce Simpson and Associates, a
strategic consulting and business development firm. Prior to
forming his own firm, Mr. Simpson held numerous leadership
positions, including serving as president of Genpharm, Inc. and
Medeva Pharmaceuticals, Inc. He has over 20 years of experience in
the respiratory and primary care fields, and he has a proven track
record as a business development expert. "I am excited to be a part
of this endeavor, Exaeris and Inyx are establishing themselves as
an important player in the global development, manufacturing, and
commercial promotion of respiratory and primary care products,"
said Mr. Simpson. William Storms M.D. is a highly accomplished
allergist, board certified in internal medicine, and allergy and
immunology. Dr. Storms is a practicing allergist in Colorado
Springs, CO, Clinical Professor of Medicine, University of
Colorado, member of the Sports Medicine Committee of the U.S.
Olympic Committee since 1997, and the co-chair of the Professional
and Patient/Public Education subcommittee of the National Asthma
Education Prevention Program (NAEPP). In addition, Dr. Storms, a
distinguished international speaker, has overseen hundreds of
clinical drug trials and published over 65 articles. "Dr. Storms
brings a comprehensive knowledge of the customer base combined with
a strong ability to translate this into effective clinical trial
and business acumen," said Mr. Beckman. Included in his experience
is a strong working knowledge of Intal(R) (cromolyn sodium), the
lead respiratory product for King Pharmaceuticals, Inc. (NYSE:KG)
that is promoted by Exaeris. "Exaeris can play an important role in
supporting physicians' ability to improve the therapeutic outcomes
for patients suffering from a range of respiratory disorders. I am
impressed with the competency and dedication this company has
demonstrated in a short time and look forward to representing the
customer perspective," said Dr. Storms. The Exaeris board is now
comprised of two executive and two non-executive members and will
work aggressively to leverage the vertically integrated business
platform of Inyx, Mr. Beckman added. Exaeris also announced that
Christopher Henshall recently joined the company as Director of
Marketing. Mr. Henshall brings both international and domestic
marketing experience in the respiratory and gastrointestinal
sectors. Mr. Henshall has led a number of global and regional
brands, developed many highly successful marketing programs with
Altana Pharmaceuticals and managed important industry partnerships
with companies such as Pfizer. Steven Surrette has joined Exaeris
in the position of East Regional District Manager. Mr. Surrette has
extensive sales management experience and served previously with
Merz, Romark and Forest Laboratories. Intal(R) and Tilade(R)
Intal(R) and Tilade(R) are mast-cell stabilizers (non-steroidal
anti- inflammatory, non-beta-2 agonist agents) for the treatment of
asthma. Intal(R) is administered with either an inhaler or a
nebulizer and is indicated for the long-term treatment of bronchial
asthma in adults and children five years of age and older.
Tilade(R) is administered with an inhaler and is indicated for the
long-term treatment of bronchial asthma and associated chronic
cough in adults. A new Intal(R) inhaler formulation utilizing
hydrofluoroalkane ("HFA"), an environmentally friendly propellant,
is currently under review by the U.S. Food and Drug Administration
("FDA"). The HFA formulation of Intal(R) is patented in the United
States until September 2017. About Inyx Inyx, Inc. is a specialty
pharmaceutical company with niche drug delivery technologies and
products for the treatment of respiratory, allergy, dermatological,
topical and cardiovascular conditions. Inyx focuses its expertise
on both prescription and over-the-counter pharmaceutical products,
and provides specialty pharmaceutical development and production
consulting services. In addition, Inyx is developing its own
proprietary products. The company's operations are conducted
through several wholly owned subsidiaries, including: Inyx USA,
Ltd., based in Manati, Puerto Rico; Inyx Pharma Ltd., and Inyx
Europe Limited, which owns and operates Ashton Pharmaceuticals
Ltd., all near Manchester, England; and Inyx Canada, Inc. in
Toronto. Inyx, Inc.'s corporate offices are in New York City. For
more information, please visit: http://www.inyxinc.com/. About
Exaeris, Inc. Exaeris, Inc., located in Exton, PA, is a wholly
owned subsidiary of Inyx, Inc. Exaeris, which is Inyx's new
marketing arm, seeks to market a range of respiratory and other
pharmaceutical products acquired or in collaboration with strategic
industry partners as well as Inyx's own proprietary products. Safe
Harbor Statements about Inyx's future expectations, including
future revenues and earnings, and all other statements in this
press release other than historical facts, are "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934, and as
that term is defined in the Private Securities Litigation Reform
Act of 1995. Inyx intends that such forward-looking statements be
subject to the safe harbors created thereby. Since these statements
involve risks and uncertainties and are subject to change at any
time, Inyx's actual results could differ materially from expected
results. For more information, please contact: Stephen Beckman,
President Exaeris, Inc. 484-879-2272 Jay M. Green, Executive VP
Inyx, Inc. 212-838-1111 DATASOURCE: Exaeris, Inc. CONTACT: Stephen
Beckman, President of Exaeris, Inc., +1-484-879-2272, ; or Jay M.
Green, Executive VP of Inyx, Inc., +1-212-838-1111, Web site:
http://www.inyxinc.com/
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