Enzo Biochem Names Two New Directors to Its Board; Additions Increase the Company's Board to Eight Members.Business Editors & Health/Medical Writers FARMINGDALE, N.Y.--(BW HealthWire)--Aug. 1, 2002 Enzo Biochem, Inc. (NYSE NYSE See: New York Stock Exchange : ENZ), a leading biotechnology company specializing in gene identification and gene regulation technologies for diagnostic and therapeutic applications, today announced the addition of two new directors to the Company's Board of Directors. The new directors are Stanford S. Warshawsky, Co-President of the investment banking firm of Arnhold and S. Bleichroeder Holdings, Inc., a member firm of The New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , and Melvin F. Lazar, 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. , founding and managing partner of the public accounting firm of Lazar Levine & Felix (LLF LLF Low Level Format LLF Light Loss Factor (lighting) LLF Least Laxity First LLF Landmark Legal Foundation LLF Log-Likelihood Function LLF Line Loss Factor (UK energy) LLF Lazar Levine & Felix LLP ). Their addition brings to eight the total number of directors on the Board of Enzo, including five independent directors. "We are pleased to have Mr. Lazar and Mr. Warshawsky join our Board," said Elazar Rabbani, Ph.D. Chairman of Enzo. "Their unique backgrounds and broad business experiences will be a valuable addition to our Company, and we are appreciative of their joining Enzo in this important role." Mr. Warshawsky has been Co-President of Arnold and S. Bleichroeder Holdings since 1994, having joined the firm in 1972. He previously was with the law firm of Shearman & Sterling. Mr. Warshawsky is Co-President of Arnhold and S. Bleichroeder Advisers, Inc., a money management advisory group, in addition to being Chairman of the firm's First Eagle Funds, First Eagle SoGen Funds and First Eagle SoGen Variable Funds, Inc. Mr. Warshawsky is a member of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stock Exchange's Nominating Committee, of which he also was a former Chairman, a member of the Big Board's New York Area Firms Advisory Committee, and a member of the Bar Associations of both New York State and Virginia State. Mr. Warshawsky holds a BA from the University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. and a JD from the University of Virginia School of Law The University of Virginia School of Law was founded in Charlottesville in 1819 by Thomas Jefferson as one of the original subjects taught at his "academical village," the University of Virginia. . Mr. Lazar and his firm have served the business and legal communities for over 30 years. He is an expert on the topic of business valuations and merger and acquisition activities. Lazar Levine & Felix is the 17th largest auditor of publicly held companies in the U.S. Mr. Lazar is a board member and serves as the Chairman of the Audit Committee of privately-owned Active Media Services, Inc., the largest corporate barter company in the nation. Mr. Lazar holds a Bachelor of Business Administration “BBA” redirects here. For other uses, see BBA (disambiguation). The Bachelor of Business Administration (BBA) is a bachelor's degree in business studies. degree from The City College of New York “City College” redirects here. For other uses, see City College (disambiguation). CCNY was the first free public institution of higher education in the United States[3] . About Enzo Enzo Biochem is engaged in the research, development and manufacture of innovative health care products based on molecular biology molecular biology, scientific study of the molecular basis of life processes, including cellular respiration, excretion, and reproduction. The term molecular biology was coined in 1938 by Warren Weaver, then director of the natural sciences program at the Rockefeller and genetic engineering techniques, and in providing diagnostic services diagnostic services, n.pl the imaging and laboratory capabilities available for determining the cause of an illness. to the medical community. The Company's proprietary labeling and detection products for gene sequencing and genetic analysis, with approximately 200 patents worldwide, are sold to the life sciences market throughout the world. The Company's therapeutic division is conducting clinical trials for HIV-1-infected patients and for patients infected with hepatitis B and hepatitis C viruses. The Company also holds a patent covering a method and materials for correcting point mutations or small insertions or deletions of genetic material that would allow for editing and correcting certain abnormalities in genes. Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. The Company disclaims any obligations to update any forward-looking statement as a result of developments occurring after the date of this press release. |
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