Applied Science, Inc. Announces the Appointment of New Directors

GRASS VALLEY, Calif., September 4, 2019 (Newswire.com) - ​​Applied Science Inc. (“ASI” or the “Company”) announced today that it has appointed Kim Box, President and CEO at Gatekeeper Innovation, Inc., makers of Safer Lock that provides portable containers for securing prescription medications for safekeeping, and Christopher Morgan, a retired partner of Skadden, Arps, Slate, Meagher & Flom LLP, to its board of directors. 

“We are pleased to welcome Kim and Chris as new directors of Applied Science,” said Jonathan Morgan, ASI’s chairman and CEO. “They join the Company at an exciting time as we continue to pursue our focus on data management solutions to the global healthcare industry. The addition of these directors complements our board of directors’ skills and experiences, and we are confident they will provide valuable perspectives as we continue to execute our strategy, drive profitability and enhance value for all shareholders of ASI. We look forward to their contributions.”

About Kim Box:

Ms. Box is on the Board of Directors of McGrath Rentcorp, a diversified business-to-business rental company where she is a member of the Audit Committee and the Compensation Committee. Ms. Box is also a member of the Board of Directors of American River Bank, a community business bank, where she is the Chair of the Directors Loan Committee. As a former HP Vice President, she brings extensive experience in Information Technology, having led IT outsourcing services, customer support of product services and internal IT services. 

About Christopher Morgan:

Mr. Morgan recently retired as a partner of international law firm Skadden, Arps, Slate, Meagher & Flom LLP, where he was part of the Capital Markets group and led the Toronto office for 30 years.  He is a member of the Board of Directors of Alpha Cancer Technologies Inc., a private clinical stage biotechnology company with platform technologies in Immunotherapy and Immuno-Oncology, and Belmont House, a charitable nonprofit home for seniors offering long-term care and retirement living. 

Messrs. Richard LeGrand and William Mercer recently retired from the Board of Directors of ASI. Mr. Morgan commented, “Rick and Bill have provided invaluable service and insight to the Company over the last number of years. Rick was instrumental in securing ASI’s relationships with the New York Blood Center, Vitalant and the American Red Cross. Bill was a key factor in our ability to establish relationships with the Hong Kong Red Cross, Transmedic in Singapore and the Australian Red Cross. The two of them have been key to ASI’s growth in the blood banking industry. We are immensely grateful for their contributions to ASI.”

Source: Appied Science Inc