Applied NeuroSolutions Adds Jay B. Langner, Board Chairman of Montefiore Medical Center, to its Board of Directors; Veteran Business Executive Provides Vital Experience, Leadership Skills.VERNON HILLS, Ill. -- Applied NeuroSolutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :APNS APNS All Pakistan Newspapers Society APNS Alliance to Protect Nantucket Sound ) (www.appliedneurosolutions.com), said today that Jay B. Langner, who has served as Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Montefiore Medical Center Montefiore Medical Center, in the Bronx, New York, is the university hospital of the Albert Einstein College of Medicine. The hospital, named after Moses Montefiore, is one of the 50 largest employers in New York State [1]. for the past 21 years, has been appointed to the company's Board of Directors, replacing Preston Tsao, who resigned for personal reasons. Located in The Bronx, NY, Montefiore Medical Center is the University Hospital for the Albert Einstein College of Medicine
The Albert Einstein College of Medicine (AECOM) is a graduate school of Yeshiva University. It is a private medical school located in the Jack and Pearl Resnick Campus of Yeshiva University in the Morris Park (AECOM AECOM Albert Einstein College of Medicine of Yeshiva University (Bronx, NY) AECOM Architectural and Engineering Company ) and one of the largest health care systems in the United States. Applied NeuroSolutions' founding scientist and scientific Director, Dr. Peter Davies, is the Judith and Burton P. Resnick Professor of Alzheimer's Disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. Research at AECOM, and APNS licenses its core technologies from AECOM. "Jay Langner brings a wealth of healthcare experience and relationships that will help us to commercialize our diagnostic and therapeutic technologies for Alzheimer's disease (AD)," said Dr. John DeBernardis, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Applied NeuroSolutions. Bruce N. Barron, Chairman of Applied NeuroSolutions, said, "Jay Langner will be a tremendous addition to our Board. His public company knowledge, industry experience and relationships will help APNS with its continued growth and development." Commenting on his appointment, Jay Langner noted, "Applied NeuroSolutions is making significant progress in helping to bring a first-ever diagnostic test for AD to the market, and I'm looking forward to assisting the company in that regard." Langner added: "I am also very optimistic about the potential of the therapeutic side of the business, and the work being done by our partners at AECOM." Mr. Langner began his career in 1954, serving as president of Langner Leasing Corporation. For more than 40 years, he served as Chairman and CEO of the Hudson General Corporation, which was sold to Luftansa Airlines in 1999. He has a long and distinguished career in business, finance and public service. "I want to wish Preston Tsao well and thank him for his many years of valuable service as a member of our Board of Directors," noted Mr. Barron. Applied NeuroSolutions, Inc. is developing products to diagnose and treat Alzheimer's disease based on a novel hypothesis of AD pathology. In partnership with Dr. Peter Davies and a scientific team at Albert Einstein College of Medicine, Applied NeuroSolutions has developed a cerebrospinal fluid cerebrospinal fluid (CSF) Clear, colourless liquid that surrounds the brain and spinal cord and fills the spaces in them. It helps support the brain, acts as a lubricant, maintains pressure in the skull, and cushions shocks. (CSF Cerebrospinal Fluid (CSF) Analysis Definition Cerebrospinal fluid (CSF) analysis is a laboratory test to examine a sample of the fluid surrounding the brain and spinal cord. ) test to detect Alzheimer's disease at a very early stage with 85%-95% accuracy in more than 3,000 patient samples. The company is also developing a blood serum-based screening test, as well as a new class of therapeutics to treat AD. Alzheimer's disease currently afflicts over 4 million Americans, and the market for AD therapy is expected to grow to 21 million patients by 2010 in the seven major pharmaceutical markets (USA, France, Germany, Italy, Spain, U.K. and Japan) according to BioPortfolio, Ltd. There are currently no FDA-approved diagnostic tests to detect Alzheimer's disease. This press release contains forward-looking statements. Applied NeuroSolutions wishes to caution the readers of this press release that actual results may differ from those discussed in the forward-looking statements and may be adversely affected by, among other things, the risks associated with new product development and commercialization, clinical trials, intellectual property, regulatory approvals, potential competitive offerings, and access to capital. For further information, please visit the company's website at www.appliedneurosolutions.com, and review the company's filings with the Securities and Exchange Commission. |
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