ASFX
American Scientific Resources Inc. Looks Back on CEOs Accomplishments
Wednesday December 31, 6:01 am ET
WESTON, Fla.--(BUSINESS WIRE)--As the year comes to a close, American Scientific Resources Inc. (Pink Sheets:ASFX - News) looks back on the accomplishments of the Company’s CEO, Christopher F. Tirotta, MD, MBA.
Dr. Tirotta assumed the role of CEO and Chairman of the Board in April 2007. Since then, under his leadership, the Company has seen significant growth and continues to develop and enhance brand reputation and distribution. Highlighted achievements of Dr. Tirotta’s include:
* Obtaining a contract for worldwide distribution with the nation’s largest chain drug store Walgreens. The Thermofocus was accepted in to 6000+ stores in the fall of 2007. Currently, the Thermofocus is being distributed throughout approximately 6500 nationwide Walgreens stores.
* Achieving significantly increased sales, under his leadership, in the first quarter of 2008 compared to the first quarter of 2007.
* Retaining a new investor relations firm, AudioStocks.com, to help maintain awareness with the investment community and assist shareholders with due diligence via investor relations.
* Executing an agreement with a leading media relations company to launch a powerful multimedia campaign valued at twice the amount of a similar agreement signed with a different media relations company in 2007.
* Creating a partnership with Millennium Promise, a not-for-profit organization dedicated to eradicating extreme poverty in Africa by 2015, and launching a “Buy-To-Give” initiative where a certain percentage of Kidzmed.com sales go toward helping save a life.
* Choosing to be a translucent leader by addressing stakeholder questions publically and disclosing Company financial data on Pinksheets.com.
* Sourcing 4 new products that have been added to the Kidz-Med Inc. (subsidiary of ASFX) product line.
* Promoting children’s health and safety organizations such as the National Safety Council and the EPA's Asthma Program.
* Constructing a deal with the world’s largest retail toy and baby products chain in the world to have the Thermofocus distributed throughout select nationwide stores. The product was tactically placed in stores for the 2008 cough/cold season.
* Enlisting the help of numerous entities in order to obtain financing.
Commenting on his progress as CEO, Dr. Tirotta asserts, “As the leader of a small micro-cap, one should go beyond the realm of a CEO’s standard responsibilities in order to maximize productivity. From making DVD copies to constructing deals with the major brick and mortar stores, I am privileged to run a Company with such powerful growth potential. We are going to ride into 2009 on the coat-tails of this year's accomplishments with anticipation of having another notable year.”
About American Scientific Resources, Inc.
American Scientific Resources, Inc. is a leading provider of innovative next-generation, health, medical, and safety products distributed primarily through nationwide medical suppliers, infomercials and on-line sites. Additional information about ASFX may be found at www.americansci.com.
Safe Harbor
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Contact:
AudioStocks.com
Ronald Garner
Investor Hotline:
760-692-1167
ron@audiostocks.com
AI
