COCONUT CREEK, Fla.,
July 29, 2014 /PRNewswire/
-- Greyson International Inc. (OTC Pink: GYSN), developer of
an innovative, patented topical delivery technology targeting the
multi-billion dollar cosmetics and OTC pharmaceutical industries,
today announced that Harvey Tauman,
the Company's Chairman and CEO, passed away this morning
unexpectedly. Mr. Tauman was 73 years old. He had been hospitalized
recently for treatment of respiratory failure.
The Board of Directors issued the following statement: "We are
greatly saddened by the passing of Harvey
Tauman. The Company's directors and employees, as well
as the many people he worked with over the years, mourn his loss.
We extend our sympathies to his family."
C. Mukesh Prasad, the Company's
Director and Vice-President will preside as Chairman and CEO over
the interim period.
Chaudhury Mukesh Prasad,
Vice President
Mr. Prasad has served as the Vice
President of Operations for Greyson International, Inc. since 2003.
He is now serving on the Board of Directors of the Company as well
as Corporate Secretary and Executive Vice President. Previously
employed for 25 years at Hydron Technologies, Inc., Mr. Prasad held
the positions of Controller, Vice President, Corp. Secretary, and
member of the board as well as other various operational roles.
Mr. Prasad brings significant hands on managerial experience to
Greyson International, Inc. He assists the Company with
product development, production and launch of various skin care and
hair care products. He has extensive experience in business
operations, accounting, purchasing, manufacturing, warehousing,
fulfillment center, and human resources. Mr. Prasad studied
Physics, Chemistry and Math at collage in India and studied accounting, and management
in USA. He is also an active member of the Society of
Cosmetic Chemist.
About Greyson International, Inc.
Greyson's primary focus is on its recently patented Trilexon®
delivery system that's taking the multi-billion dollar cosmetics
and OTC pharmaceuticals industries by storm. Based on this
technology, the company's patented Trilexon® foundation creates a
fine surface that is insoluble in water, keeping it in place even
after sweating or contact with water. Ingredients are released
continuously over an extended period of time, ensuring that the
skin receives treatment at a constant steady pace to give it a
healthy and youthful look. In addition to cosmetic applications,
Trilexon® may also have benefits in the medical field where it is
important to deliver active ingredients. Trilexon® is a registered
trademark of Greyson International. The company also holds an
investment in Blake Oil and Gas Limited ("Blake"), a privately
owned, Guernsey registered, Oil and Gas Company. For more
information, visit our
website; http://greysonintl.com and join the Greyson
International's Facebook
page http://www.facebook.com/GreysonInternationalInc.
This release contains information about management's view of our
future expectations, plans and prospects that constitute
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. Actual results may differ materially from historical results
or those indicated by these forward-looking statements as a result
of a variety of factors including, but not limited to, risks and
uncertainties associated with our financial condition, our ability
to sell our products and our ability to compete with competitors.
We encourage you to review other factors that may affect our future
results on any current or future documents we file periodically
with the Securities & Exchange Commission.
Contact
Greyson International Inc.
C. Mukesh Prasad, 954-482-0497
Interim Chief Executive Officer
SOURCE Greyson International Inc.
