LecTec announces election of new board of directors
Sep. 24, 2010 (M2 Communications Ltd.) --
Intellectual property licensing and holding company LecTec Corporation (OTCBB:LECT) declared on Thursday that its shareholders have elected Gregory Freitag, Sanford Brink, Timothy Heaney, Kevin Lynch and Robert Rudelius as the new board of directors.
Shareholders also approved the company’s Stock Incentive Plan and ratified the selection of Lurie Besikof Lapidus & Company LLP as its independent registered public accounting firm for 2010.
After the shareholders’ meeting the new board of directors appointed Kevin Lynch as chairman of the board.
In conjunction with the change of board members, Dr. Daniel Sigg is stepping down as chief scientific officer of LecTec with effect from 30 September but will continue to be available to LecTec for any scientific, intellectual property or other technical matters.
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Source: M2 Presswire (September 24, 2010 - 5:51 AM EDT)
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