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PURE Bioscience Board Appoints Murray H. Gross to its Board of Directors
Business Wire, June 26, 2007
SAN DIEGO -- PURE Bioscience (OTCBB:PURE) today announced that Murray H. Gross has been appointed to the Board of Directors. Gross, a successful and accomplished businessman, currently serves as Chairman and Chief Executive Officer of U.S. Home Systems, Inc. (Nasdaq:USHS). Gross brings a wealth of experience successfully growing young, emerging companies into larger, profitable businesses. As a founder and/or senior executive with a career spanning 45 years, Gross has been instrumental in building several start-ups into larger, successful companies.
"Murray is a welcome addition to our team," said Michael L. Krall, President and CEO of PURE Bioscience. "We look forward to tapping into his deep business experience, particularly as it relates to negotiating agreements with much larger companies. His addition to our Board is also another step toward our qualifying for a national stock exchange listing."
Gross commented, "I have followed PURE's growth and development as a shareholder for several years and look forward to contributing to the Board in a meaningful way as the Company advances its patented silver dihydrogen citrate (SDC) platform technology into new markets.
U.S. Home Systems, Inc. (www.ushomesystems.com) manufactures or procures, designs, sells and installs custom quality specialty home improvement products in certain markets for a Fortune 50 national home improvement retailer. In addition to his current positions at USHS, Gross served as President, CEO and a director since the company's inception in January 1997. Prior to USHS, Gross joined Facelifters in 1987 as Vice President and Director and was named President and COO in 1990. Facelifters was acquired by AMRE (a NYSE listed company) in 1996. Gross was named Vice President and served as a director of AMRE until founding USHS in 1997.
SDC: A Disruptive Technology
Silver dihydrogen citrate (SDC) is an electrolytically generated source of stabilized ionic silver. A patented new molecular entity, SDC is distinguished from competitors because of its superior efficacy and reduced toxicity. PURE produces and markets ready-to-use EPA-registered disinfectant products, as well as varying strengths of SDC concentrate as an active ingredient, additive or preservative for inclusion in third party products. PURE also pursues development programs for SDC as an active pharmaceutical ingredient in a variety of pharmaceutical products.
About PURE Bioscience
PURE Bioscience (PURE) develops and markets technology-based bioscience products that provide solutions to numerous global health challenges. PURE's proprietary high efficacy/low toxicity bioscience technologies, including its silver dihydrogen citrate-based antimicrobials, represent innovative advances in diverse markets and lead today's global trend toward industry and consumer use of "green" products while providing competitive advantages in efficacy and safety. PURE Bioscience, headquartered in El Cajon, California (San Diego metropolitan area), was incorporated in 1992. For additional information on PURE Bioscience, visit the Company's website: www.purebio.com.
This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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