Farrest Loper Joins Exten Industries Board.SAN DIEGO--(BW HealthWire)--June 23, 1998--W. Gerald Newmin, chairman and chief executive officer of Exten Industries Inc., announced that Farrest Loper lope intr.v. loped, lop·ing, lopes To run or ride with a steady, easy gait. n. A steady, easy gait. [Middle English lopen, to leap, from Old Norse has joined the board of directors. The board vacancy was due to the unfortunate recent passing of William Hoelscher. Newmin said, "We welcome Farrest's unique blend of entrepreneurial and start-up vision and his Fortune 500 trouble-shooting background to our board at this exciting time in our growth." For the past seven years Loper has been president of Loper & Associates, a firm providing executive strategic management services, specializing in turnarounds and growth acceleration. The firm consults to distribution, manufacturing and service firms. They also consult to capital-providing firms, for whom they provide business valuation and due diligence services. As president of Loper & Associates, Loper has served as 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 T-Systems International, Stripping Technologies, and Ponsor Corp. In the early 90s, Loper was vice president/GM of Wavetek's San Diego Operations, and president of AiResearch Tucson, an Allied Signal aerospace company. For the prior 14 years he held senior executive engineering, manufacturing and marketing posts with Honeywell. Loper's education includes an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration update at Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. and a Master of Science in Engineering Noun 1. Master of Science in Engineering - a master's degree in engineering master's degree - an academic degree higher than a bachelor's degree but lower than a doctor's degree Administration from the University of South Florida • • [ . He has served on non-profit and corporate boards in the United States, Mexico, Europe and Australia. He is an adjunct professor for MBA courses in strategic management at National University and the University of Phoenix. Exten Industries Inc. is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. listed on the Over the Counter Bulletin Board (symbol EXTI). Through its subsidiary, Xenogenics, the company is developing a bio-artificial liver device to perform the equivalent of kidney dialysis for liver patients. The device is currently in the early phases of testing at Loyola University Medical Center Loyola University Medical Center, founded in 1969 by Loyola University as its teaching hospital, is a Level I Trauma Center located in Maywood, Illinois, west of Chicago. The hospital complex includes the Ronald McDonald Children's Hospital and the Joseph Cardinal Bernardin Cancer Center. in Chicago. Headquarters are at 9625 Black Mountain Rd., Ste. 218, San Diego, CA 92126-4564. For more information call the contacts listed or e-mail at extixeno@aol.com. Exten's website address is http://www.exten.com. This news release contains forward-looking statements based on the company's expectations that are subject to a number of risks and uncertainties which can be beyond the company's control.
CONTACT: Exten Industries Inc.
W. Gerald Newmin or Barbara Corbett, 619/578-9784
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