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American Scientific Resources Elects New CEO, Dr. Christopher F. Tirotta.


Immediate Key Strategy To Grow Revenues Of Market Ready Products

NEW PALTZ, N.Y. -- American Scientific Resources (PNK PNK Polynucleotide Kinase
PNK Pontianak, Indonesia - Supadio (Airport Code)
PNK Prozessnahe Komponente (German) 
: ASFX) today announced the appointment of Christopher F. Tirotta, MD, MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
, as President, Chief Executive Officer and Chairman of the Board of Directors. Dr. Tirotta, who previously served as a member of the Board of Directors, replaces Walter Lambert, who will remain a Director of the Company.

Dr. Tirotta, who founded the Company's Kidz-Med[TM] division in 1993, will now oversee the Company's two wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Heart Smart [TM] and Kidz-Med[TM]. Dr. Tirotta graduated Cum Laude cum lau·de  
adv. & adj.
With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates.
 with a B.S. in biochemistry from Cornell University in 1982, received his MD from New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the  School of Medicine in 1986 and completed his MBA at Columbia University in 1999.

Dr. Tirotta stated, "I am very excited to be taking the helm of American Scientific Resources. With two excellent product lines, Kidz-Med and Heart Smart, American Scientific Resources is well positioned for rapid growth. I am equally enthusiastic about the immediate sales prospects for Thermofocus, and the substantial longer term potential of our Heart Smart Foundation Supplement in the marketplace."

Mr. Lambert commented, "American Scientific is in excellent hands as Dr. Tirotta is the founder of the Kidz Med Division and is a long term member of our Board of Directors. Additionally, his background both as a physician and holder of an M.B.A. perfectly position him to lead our Company as we enter an exciting phase of development and growth. We are working together to make this a smooth transition."

About American Scientific Resources, Inc.

American Scientific Resources, Inc. provides a broad range of family-oriented healthcare and medical products through its wholly owned subsidiaries Kidz-Med, Inc. and Heart Smart, Inc.

Kidz-Med is a leading brand of innovative pediatric pediatric /pe·di·at·ric/ (pe?de-at´rik) pertaining to the health of children.

pe·di·at·ric
adj.
Of or relating to pediatrics.
 products, including the world's first non-contact thermometer, Thermofocus[R]. Heart Smart, Inc. sells a product line of nutraceutical supplements targeting the prevention of cardiovascular disease Cardiovascular disease
Disease that affects the heart and blood vessels.

Mentioned in: Lipoproteins Test

cardiovascular disease 
, utilizing the most bio-available form of CoQ10, Hydro-Qsorb[R].

American Scientific Resources' growing customer base includes one of the nation's leading drug store chains and a nationwide medical supplier. American Scientific's products are carried by national drugstore chains. Additional information about American Scientific Resources may be found at http://www.americansci.com.

About subsidiary Kidz-Med

Kidz-Med is the exclusive retail distributor in the U.S. of its flagship product, Thermofocus[R], the world's first non-contact thermometer, using advanced infrared technology and patented aiming lights to take forehead temperature instantly and accurately. The product line also includes the pacifier medicine dispenser, asthma peak flow monitor and ultrasonic nebulizer nebulizer /neb·u·liz·er/ (neb´u-li?zer) atomizer; a device for throwing a spray.

neb·u·liz·er
n.
.

About subsidiary Heart Smart

Heart Smart's flagship product, Heart Smart Foundation Supplement, contains a proprietary blend of CoEnzymeQ10, Vitamin B vitamin B
n.
1. Vitamin B complex.

2. A member of the vitamin B complex, especially thiamine.



vitamin B, vitamin B complex

a group of water-soluble substances described separately.
6, Folic Acid folic acid: see coenzyme; vitamin.
folic acid
 or folate

Organic compound essential to animal growth and health and needed by bacteria as a growth factor.
, Vitamin B12, Omega 3 Fatty Acids, Plant Sterol Esters and natural Vitamin E vitamin E
 or tocopherol

Fat-soluble organic compound found principally in certain plant oils and leaves of green vegetables. Vitamin E acts as an antioxidant in body tissues and may prolong life by slowing oxidative destruction of membranes.
. CoQ10 is a vitamin-like substance found in every cell of the body that helps to convert the body's fuel to energy. The form of CoQ10 used in this formula, Hydro-Qsorb[R], is the most bio-available form of CoQ10 on the market, and is 100% water soluble.. The Heart Smart nutritional product line contains nutraceutical supplements that support and maintain a healthy heart. Heart Smart is dedicated to supplying the highest quality products that provide optimum cardiovascular health and vitality.

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 7, 2007
Words:684
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