Skyline Medical (NASDAQ: SKLN) this morning named Dr. Carl Schwartz as the company’s newly appointed chief executive officer. Dr. Schwartz is a longtime stockholder of Skyline, for which he has served as a director, interim CEO and executive chairman. He holds BA and DDS degrees from the University of Detroit. The company also announced that Richard Gabriel has been appointed to its board of directors, bringing the number of directors to six. Both appointments are effective immediately.
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About Skyline Medical
Skyline Medical produces a fully automated, patented, FDA-cleared waste fluid disposal system that virtually eliminates staff exposure to blood, irrigation fluid and other potentially infectious fluids found in the healthcare environment. Antiquated manual fluid handling methods that require hand carrying and emptying filled fluid canisters present an exposure risk and potential liability. Skyline Medical’s STREAMWAY System fully automates the collection, measurement and disposal of waste fluids and is designed to: 1) reduce overhead costs to hospitals and surgical centers; 2) improve compliance with OSHA and other regulatory agency safety guidelines; 3) improve efficiency in the operating room, and radiology and endoscopy departments, thereby leading to greater profitability; and 4) provide greater environmental stewardship by helping to eliminate the approximately 50 million potentially disease-infected canisters that go into landfills each year in the U.S. For additional information, visit www.skylinemedical.com.
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