E-Z-EM Chief Financial Officer Dennis Curtin Resigns
01 May 2007 - 6:05AM
Business Wire
E-Z-EM, Inc. (NASDAQ:EZEM) today announced that Dennis J. Curtin,
Senior Vice President-Chief Financial Officer (CFO), has resigned
to pursue other opportunities. Joseph Cacchioli, currently the
Company�s Vice President-Controller, will serve as acting CFO while
the Company conducts a formal search for a permanent replacement.
Commenting on the announcement, Anthony A. Lombardo, President and
Chief Executive Officer, said, �We commend Dennis for his many
years of steady financial leadership, and wish him much success in
his future endeavors. The Company is conducting a formal search for
a permanent CFO. In the interim, we have every confidence in Joe
Cacchioli in his role as acting CFO.� About E-Z-EM, Inc. E-Z-EM is
a leading manufacturer of contrast agents for gastrointestinal
radiology. The Company is the developer of VoLumen�, the next
generation low density barium sulfate suspension for use as an oral
contrast in Multidetector CT (MDCT) and Positron Emission
Tomography (PET/CT) studies. The Company also offers Empower� --
the only family of CT injectors on the market with patented EDA�
technology that can help detect contrast extravasation -- and
offers a complete product set for the virtual colonoscopy
practitioner. This product line consists of virtual colonoscopy
hardware, software, nutritional prep kits and bowel cleaners,
tagging agents and a carbon dioxide colon insufflation system. The
Company is also the exclusive world-wide manufacturer and marketer
of RSDL for first-responder organizations and military services.
RSDL is a patented, broad-spectrum liquid chemical warfare (CW)
agent decontaminant, that neutralizes or removes chemical agents
from skin on contact, leaving a non-toxic residue that can be
rinsed off with water. The statements made in this document contain
certain forward-looking statements. Words such as �expects,�
�intends,� �anticipates,� �plans,� �believes,� �seeks,� �estimates�
or variations of such words and similar expressions, are intended
to identify such forward-looking statements. The forward-looking
statements contained in this release may involve numerous risks and
uncertainties, known and unknown, beyond the Company�s control.
Such risks and uncertainties include: the ability of the Company to
retain a qualified, permanent Chief Financial Officer, to develop
its products, continued market acceptance and sales of VoLumen�,
future actions by the FDA or other regulatory agencies, overall
economic conditions, general market conditions, as well as the risk
factors listed from time to time in the SEC filings of E-Z-EM,
Inc., including but not limited to its Form 10-Q for the quarter
ended March 3, 2007 and its Annual Report on Form 10-K for the
fiscal year ended June 3, 2006. Consequently, actual future results
may differ materially from the anticipated results expressed in the
forward-looking statements, and investors are cautioned not to
place undue reliance on the forward-looking statements included in
this release.
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