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ExThera Medical Elects Preston and Dollarhyde to its Board of Directors to Drive the Organization’s Next Phase of Innovation and Growth

January 7, 2019

MARTINEZ, Calif.--(BUSINESS WIRE)--Jan 7, 2019--ExThera Medical Corporation (ExThera) has appointed two outstanding new directors to their board. John Preston, Managing Partner of TEM Capital, and Greg Dollarhyde, managing member of Dollarhyde Enterprise Group, will join the ExThera Board of Directors immediately. ExThera, an early-stage device company in the Bay Area, is a developer of device-based therapies for removing bacteria and viruses from blood.

Preston’s background includes a 30-year tenure at the Massachusetts Institute of Technology (MIT), directing technology licensing and managing the interface between researchers and industry. Through MIT’s technology licensing office, he helped to create hundreds of new technology-based companies. Preston also served as a technology subject matter expert in various capacities for U.S. presidential administrations and government agencies. Since leaving MIT, Preston continues his efforts to create technology based companies, most recently, Braidy Industries.

John will contribute considerable entrepreneurial expertise, along with an intimate understanding of strategic partnerships and the national and international technology landscapes, in his role on the board as ExThera works to bring game-changing technology to the marketplace for the treatment of bloodstream infections and sepsis.

Greg Dollarhyde has been CEO or Chairman of eight separate companies in his career and has invested in and counseled entrepreneurs and corporations across several industry verticals, including ExThera and a multi-billion-dollar gaming company, generating substantial wealth creation for investors. Dollarhyde was formerly Executive Chairman & CEO of ZOES KITCHEN, an NYSE-listed company based in Dallas, with an established base of more than 250 restaurants. Additionally he serves on the boards of BLAZE PIZZA and VEGGIEGRILL, and was the former CFO of then publicly-held TGI Fridays.

With core specialties including corporate governance, capital formation and building enterprise value, Greg’s deep-rooted expertise in financial strategy and business development will be instrumental as ExThera works to bring their groundbreaking technology to the U.S. and European marketplaces for the treatment of bloodstream infections.

“We are excited to bring John Preston and Greg Dollarhyde to our Board of Directors,” said Robert Ward, CEO of ExThera Medical Corporation. “John brings to ExThera a remarkable set of skills and background in moving technology into the marketplace on a grand scale. As ExThera begins to build global partnerships for its groundbreaking platform technology in the battle against drug-resistant pathogens, dysregulated host response and dozens of intractable disease groups, John’s experience and network will enhance the development of the company in immediate, powerful, and substantial ways.”

“Greg has been a longtime supporter and investor of our efforts to contribute to medical science not only as ExThera, but in our previous company, The Polymer Technology Group – where we invented and brought to market transformational medical devices and materials for companies like Johnson & Johnson, Medtronic, Advanced NeuroStimulation Systems and Dexcom,” Ward continued. “With Greg’s masterful, high-energy approach to quickly developing early stage companies, we are delighted he has agreed to join ExThera’s Board of Directors, where he will play key roles in finance and business development.”

About ExThera Medical

Based in Martinez, Calif., ExThera Medical is a privately held medical device company developing innovative, single-use blood filters capable of capturing and removing a broad range of bacteria, viruses, parasites, toxins or other harmful substances from whole blood. The company develops therapeutic products to treat patients in the hospital or clinic, during epidemics, or on the battlefield. Led by an accomplished management team with extensive experience in blood-contacting devices and biomaterials, the company has strong patent protection and a growing body of data from independent laboratory studies, in addition to its participation in DARPA’s Dialysis-Like Therapeutics program. For more information, visit  www.extheramedical.com.

Disclaimer: All information contained in this news release derives from plausible reliable sources, which, however, have not been independently examined. There is no warranty, confirmation or guarantee, and no responsibility or liability is taken concerning correctness or completeness. As far as it is allowed by the relevant law, no liability whatsoever is taken on for any direct or indirect loss caused by the deployment of this news release or its contents. This communication includes forward-looking statements regarding events, trends and business prospects that may affect our future operating results and financial position. Such statements are subject to risks and uncertainties that could cause our actual results and financial position to differ materially. The investment and/or the revenues that arise from it can rise or fall. A total loss is possible. Persons who are in possession of this news release are requested to obtain information concerning possible legal limitations and to observe them accordingly. We assume no responsibility to update or revise any forward-looking statements contained in this news release to reflect events, trends, or circumstances after the date of this news release.

Caution: The Seraph® Microbind® Affinity Blood Filter is currently undergoing clinical evaluation and is not available for commercial sale.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190107005186/en/

CONTACT: ExThera Medical:

George Pitarra

george@extheramedical.comMedia:

Heather Linville

media@extheramedical.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: HEALTH BIOTECHNOLOGY CLINICAL TRIALS INFECTIOUS DISEASES MEDICAL DEVICES

SOURCE: ExThera Medical Corporation

Copyright Business Wire 2019.

PUB: 01/07/2019 09:00 AM/DISC: 01/07/2019 09:01 AM

http://www.businesswire.com/news/home/20190107005186/en

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