Aphton Appoints James F. Smith, CPA, to Board of Directors.Business Editors/Health/Medical Writers BIOWIRE2K MIAMI--(BUSINESS WIRE)--Jan. 30, 2004 Aphton Corporation (Nasdaq:APHT APHT Advance Physical Test ) today announced the appointment of James F. Smith, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , as an independent director. This addition, along with the appointment of Patrick Mooney, M.D. to the Board of Directors, expands Aphton's Board of Directors from 6 to 8 members. Mr. Smith has also been appointed as a member and Chairman of the Audit Committee. The Board of Directors has designated Mr. Smith the financial expert for the Audit Committee in accordance with the Sarbanes-Oxley Act See SOX. and the rules promulgated prom·ul·gate tr.v. prom·ul·gat·ed, prom·ul·gat·ing, prom·ul·gates 1. To make known (a decree, for example) by public declaration; announce officially. See Synonyms at announce. 2. thereunder. Mr. Smith is a member of the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. , and is currently the Vice President and Global Controller of Ansell (Healthcare) Ltd. At Ansell, Mr. Smith has actively led initiatives to improve financial forecasting and led the financial function's participation in a significant strategic review and opportunities assessment of the business. Mr. Smith has over 30 years of experience in accounting and finance. Philip Gevas, Aphton's Chairman of the Board, said, "We are delighted to welcome Jim to the Aphton team. He brings to Aphton significant expertise in accounting, finance, auditing and strategic planning gathered from years of experience working in the healthcare and pharmaceutical industry and, earlier, as an auditor at PricewaterhouseCoopers. I believe that he will be an excellent resource to our Board of Directors and our Audit Committee." Aphton Corporation is a biopharmaceutical company developing products using its innovative targeted immunotherapy technology for neutralizing hormones that participate in gastrointestinal system gastrointestinal system: see digestive system. and reproductive system reproductive system, in animals, the anatomical organs concerned with production of offspring. In humans and other mammals the female reproductive system produces the female reproductive cells (the eggs, or ova) and contains an organ in which development of the fetus cancer and non-cancer diseases. Aphton has strategic alliances with Aventis Pasteur for treating gastrointestinal system and other cancers with G17DT in North America and Europe; and GlaxoSmithKline for reproductive system cancer and non-cancer diseases worldwide. |
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