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CytoCore Announces New CEO and COO.


CHICAGO -- CytoCore Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CYCR), the biopharmaceutical research and medical device company for early detection and treatment of reproductive-tract cancers, today announced Robert McCullough Jr. as the new 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.  and Richard Domanik as the new COO in a move to strengthen the Company's executive, operational and cervical development capabilities.

Robert McCullough Jr. is appointed as Chief Executive Officer replacing Dr. Floyd Taub. McCullough has over thirty years of experience both as an operating executive in the health care field and portfolio manager focused on the healthcare sector. McCullough will continue his duties as CFO See Chief Financial Officer. . Dr. Taub remains as a member of the Company's Board of Directors.

Richard Domanik is assuming the role of Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 in addition to his responsibilities as President.

These two strategic management moves are being made as the Company prepares for its anticipated global product launch of their SoftPap cervical cell collector.

CytoCore Board member, Clint Severson, recently named Forbes "Entrepreneur of the Year" commented, "These moves are intended to provide more cohesion and focus for the management team as the Company moves into its next phase of product sales and revenues. This is an exciting time for CytoCore with the impending im·pend  
intr.v. im·pend·ed, im·pend·ing, im·pends
1. To be about to occur: Her retirement is impending.

2.
 product launch of a revolutionary family of products focused on advancing women's health Women's Health Definition

Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues.
. "

About CytoCore Inc.

CytoCore develops cost-effective cancer screening systems, which can be utilized in a laboratory or at the point-of-care, to assist in the early detection of cervical, endometrial endometrial /en·do·me·tri·al/ (en?do-me´tre-il) pertaining to the endometrium.
endometrial,
n relating to the end-ometrium or cavity of the uterus.
, and other cancers. The InPath(TM) System is being developed to provide medical practitioners with highly accurate, low-cost, cervical and uterine cancer uterine cancer

Malignant tumour of the uterus. Cancers affecting the lining of the uterus (endometrium) are the most common cancers of the female reproductive tract.
 screening systems that can be seamlessly integrated into existing medical models. More information is available at: www.CytoCoreInc.com

Certain statements in this release are forward-looking. These statements are based on CytoCore's current expectations and involve many risks and uncertainties, such as the company's inability to obtain sufficient financing, the possibility that clinical trials will not substantiate CytoCore's expectations with respect to the InPath(TM) System, and other factors set forth in reports and documents filed by CytoCore with the Securities and Exchange Commission. Actual results may differ materially from CytoCore's current expectation depending upon a number of factors affecting the Company's business. These factors include, among others, risks and uncertainties detailed in the Company's periodic public filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2006. Except as expressly required by law, CytoCore undertakes no obligation to publicly update or revise any forward-looking statements contained herein.
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Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 23, 2007
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