STOCK TITAN

Scientific Industries Announces Appointment of Industry Leader Michael Blechman as New Board Member

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
management
Rhea-AI Summary
Scientific Industries appoints industry leader Michael Blechman as new board member, bringing over three decades of experience to assist with the commercial launch of the DOTS multiparameter sensor platform.
Positive
  • None.
Negative
  • None.

BOHEMIA, NY / ACCESSWIRE / April 16, 2024 / Scientific Industries, Inc. (OTCQB:SCND) ("SI") announced the appointment of Michael Blechman to the Board of Directors of SI effective April 12, 2024. Mr. Blechman filled a Board vacancy and replaces Mr. Marcus Frampton, who recently resigned, as a Class B director.

John A. Moore, Chairman of SI, said "After knowing Mr. Blechman for the past four years and watching his success in building a leading bioprocessing controls business and ultimately selling it, Ms. Santos, our CEO, and I felt he would add outstanding commercial insights to assist SI with the commercial launch of the DOTS multiparameter sensor platform. Mr. Blechman has already made introductions to important members of the biotech community. He is a Board member who will roll up his sleeves and help us grow the business."

Mr. Blechman commented: "I'm honored to join the SI Board and looking forward to offering my skills and operational experience to augment my fellow board members' own expertise and skills. Scientific Industries appears to be at the cusp of great things and I'm excited to be a part of the process."

Michael Blechman brings over three decades of experience in sales, marketing, operations and strategic planning. As CEO of Automated Control Concepts, Inc. ("ACC") he led the organization through 20 years of profitable operations and positive shareholder returns, culminating in a successful transaction with a private equity investor. While at ACC, Michael spearheaded their entry into the biotech product space with the introduction of the highly effective Lab Owl bioreactor control and information system.

About Scientific Industries, Inc.

Scientific Industries (OTCQB:SCND), is a life science tool provider. It designs, manufactures, and markets laboratory equipment, including the world-renowned Vortex-Genie® 2 Mixer and Torbal® balances, and bioprocessing systems under the product platform DOTS. Scientific Industries' products are generally used and designed for research purposes in laboratories of universities, hospitals, pharmaceutical companies, medical device manufacturers, and pharmacies. To learn more, visit www.scientificindustries.com.

About Scientific Bioprocessing, Inc. ("SBI")

SBI offers solutions for digitally simplified bioprocessing in the life science industry. SBI's DOTS Platform turns the standard shake flask into a smart mini bioreactor by providing modern bioprocessing sensors (for e.g., continuous monitoring of biomass, dissolved oxygen, and fluorescence) and control options (as e.g., automated, parameter-based feeding) along with an innovative software for easy sensor control and data monitoring. SBI is committed to delivering exceptional customer service and is a subsidiary of Scientific Industries Inc. To learn more, visit www.scientificbio.com.

"Statements made in this press release that relate to future events, performance or financial results of the Company are forward-looking statements which involve uncertainties that could cause actual events, performance or results to materially differ. The Company undertakes no obligation to update any of these statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. Accordingly, any forward-looking statement should be read in conjunction with the additional information about risks and uncertainties set forth in the Company's Securities and Exchange Commission reports, including our annual report on Form 10-K."

Company Contact:

Helena R. Santos or:
CEO and President Joe Dorame
Phone: 631-567-4700 Lytham Partners, LLC
hsantos@scientificindustries.com Phone: 602-889-9700
info@scientificindustries.com SCND@lythampartners.com

SOURCE: Scientific Industries, Inc.



View the original press release on accesswire.com

FAQ

Who was appointed as the new board member of Scientific Industries?

Michael Blechman was appointed as the new board member of Scientific Industries.

What is the ticker symbol for Scientific Industries?

The ticker symbol for Scientific Industries is SCND.

What experience does Michael Blechman bring to the board?

Michael Blechman brings over three decades of experience in sales, marketing, operations, and strategic planning to the board.

What is the commercial launch that Michael Blechman will assist with?

Michael Blechman will assist with the commercial launch of the DOTS multiparameter sensor platform.

What successful transaction did Michael Blechman lead at Automated Control Concepts, Inc.?

Michael Blechman led a successful transaction with a private equity investor at Automated Control Concepts, Inc.

SCIENTIFIC INDUSTRIES INC

OTC:SCND

SCND Rankings

SCND Latest News

SCND Stock Data

15.76M
4.53M
36.56%
25.37%
Analytical Laboratory Instrument Manufacturing
Manufacturing
Link
United States of America
Bohemia

About SCND

scientific industries, inc. designs, manufactures, and markets benchtop laboratory equipment, bioprocessing systems and products, and catalyst research instruments worldwide. it offers vortex mixers to mix the contents of test tubes, beakers, and other containers by placing such containers on a rotating cup or other attachments; and various mixers and shakers, such as high speed touch mixers, mixers with an integral timer, cell disruptors, microplate mixers, vortex mixers incorporating digital control and display, multi-vessel vortex mixers, and orbital shakers. the company also provides benchtop multi-purpose rotators and rockers to rotate and rock various containers; refrigerated incubators and incubator shakers for shaking and stirring functions; and magnetic stirrers, including high/low programmable magnetic stirrers, four-place high/low programmable magnetic stirrers, large volume magnetic, and four-place general purpose stirrers. in addition, it offers ami-300 catalyst characteri