Chairman of the Board and President Announced to Lead the North Carolina Advanced Medical Technologies Center of Innovation

RESEARCH TRIANGLE PARK, N.C.--(Business Wire)--
J. Greg Davis has been elected Chairman of the Board and Cindy Clark has been
appointed President of the North Carolina Advanced Medical Technologies Center
of Innovation (NC AMTC). The NC AMTC is a new non-profit corporation established
to promote the growth of North Carolina`s advanced medical technologies
industry. The NC AMTC has been awarded a four-year, $2.5 million grant from the
North Carolina Biotechnology Center`s Centers of Innovation Program. The North
Carolina Biosciences Organization (NCBIO) led a statewide effort to establish
the NC AMTC, including the preparation of a preliminary business plan.

"This is the culmination of three years of intensive planning and market
research," said Sam Taylor, President of NCBIO. "We are delighted to have Greg`s
22 years of wisdom and guidance leading the board of directors and Cindy`s
exceptional entrepreneurial talents full-time to promote the growth and
development of the advanced medical technologies industry in North Carolina."

Greg Davis is an experienced medical device executive with broad global and
functional experience in finance, manufacturing, sales and general management.
Greg is currently the CEO of Tryton Medical, Inc. Prior to joining Tryton
Medical, Greg was president of Guidant Japan. Greg also managed Guidant`s
product portfolio in 13 Asian countries and was instrumental in the start up and
management of an FDA-regulated, Class III manufacturing facility in Dorado,
Puerto Rico. Greg started his career in various financial management roles with
Cardiac Pacemakers Incorporated and Eli Lilly in the U.S. and Puerto Rico. Greg
holds a bachelors of science in mechanical engineering from the University of
Minnesota and a masters of business administration from the University of
Michigan.

Cindy Clark, J.D., has over 17 years of experience launching and leading
early-stage life science companies. Most recently, she was the CEO of Sirga
Advanced Biopharma, Inc. and NanIO Biosciences, Inc., and she remains on their
boards of directors. She has held senior management positions at Phase
Biosciences, Erimos Pharmaceuticals, MedCases, Bell Atlantic Internet Solutions,
CV Therapeutics, and Univax Biologics (now NABI). She has a bachelors of arts
degree in mathematics and government from Wesleyan University and a juris
doctorate from the Washington College of Law, American University. "Cindy was
selected after an extensive, nation-wide search for the new Center`s founding
president. The hiring committee was impressed with her entrepreneurial
experience and demonstrated ability to build alliances and deliver results,"
states Greg Davis.

The advanced medical technologies industry, which includes devices, diagnostics,
imaging agents and other medical technologies, is a burgeoning industry in North
Carolina, with over 400 companies in this sector. "It is an honor to have been
chosen to be one of the leading champions for this industry. I look forward to
sharing many exciting announcements in the coming months as we launch this new
organization. The AMT industry will be a driving force in the North Carolina
life sciences community in the years to come," states Cindy Clark, the new NC
AMTC president.

The North Carolina Biotechnology Center is a private, non-profit corporation
supported by the N.C. General Assembly. Its mission is to provide long-term
economic and societal benefits to North Carolina by supporting biotechnology
research, business, education and strategic policy statewide.

NCBIO is the trade association for North Carolina`s life science industry.
Members include companies and research institutions working in the
pharmaceutical, medical device, diagnostic, clinical research and agricultural
biotechnology sectors, as well as firms and non-profits that provide support
services to life science companies. Founded in 1993, NCBIO has been working for
more than fifteen years to help the North Carolina`s life science community
fulfill its extraordinary promise as a source of economic opportunity and
improved quality of life.

Editors: Click for downloadable photographs of Greg Davis and Cindy Clark.

North Carolina Biosciences Organization (NCBIO)
Sam Taylor, 919-281-8960
staylor@ncbioscience.org

Copyright Business Wire 2009