Dr. Francis Bellido named Vice-President and Chief Strategy Officer of Medical International Technology Inc.
10 February 2010 - 8:30AM
PR Newswire (US)
DENVER, CO, Feb. 9 /PRNewswire-FirstCall/ -- Medical International
Technology Inc. (MDLH.OB) http://www.mitneedlefree.com/ MIT is
pleased to announce the nomination of Dr. Francis Bellido, PhD,
MBA, as the 4th member to join the newly-formed Advisory Board. Mr.
Bellido will also hold the position of Vice-President and Chief
Strategy Officer. Dr. Francis Bellido has more than 25 years of
experience in the Biosciences and Financial industries. He has held
several top executive positions in both small and large companies.
He was President and Chief Operating Officer at Supratek Pharma, a
pharmaceutical company specializing in the development of cancer
drugs. While President and Chief Executive Officer of SGF-Sante he
managed a $500M health science investment portfolio. Dr. Bellido
has also held several executive positions with Eli Lily in the
United States and Europe including Strategic Asset Director, Global
Business Unit Manager and Head of Regulatory Affairs. Dr. Bellido
also received a Masters degree in Pharmaceutical Sciences and a
Ph.D. in Medical Microbiology from the University of Geneva in
Switzerland. He received his MBA from the University of Montreal.
He has held the position of Invited Professor at the School of
Management of the University of Quebec in Montreal. The nomination
and acceptance by Dr. Francis Bellido to join MIT's Advisory Board
and his assuming the position of Vice-President and Chief Strategy
Officer of Medical International Technology Inc. will strengthen
MIT's management team. The addition of Dr. Bellido will also enrich
negotiation opportunities with Medical and Pharmaceutical companies
and help MIT achieve its goal to partner with multinational
corporations. MIT President & CEO, Mr. Karim Menassa, believes
that this is a very important and positive step for the immediate
and future success of the company. Medical International Technology
Inc. is proud to continue providing a safe and effective means to
help prevent the spread of deadly diseases to both humans and
animals through the use of the Med-Jet(R) and Agro-Jet(R)
needle-free injection system. About Medical International
Technology, Inc. MIT CANADA, with offices in Montreal, is a
subsidiary of Denver, Colorado-based Medical International
Technology, Inc. (MIT USA), which specializes in the development,
production, marketing and sale of needle-free injectors both for
humans and animals, for individual and mass vaccinations. The
statements which are not historical facts contained in this press
release are forward-looking statements that involve certain risks
and uncertainties, including but not limited to risks associated
with the uncertainty of future financial results, additional
financing requirements, development and acquisition of new product
lines and services, government approval processes, the impact of
competitive products or pricing a technological changes, the effect
of economic conditions and other uncertainties, and the risk
factors set forth from time to time in the Company's SEC reports,
including but not limited to its annual report on Form 10-KSB; its
quarterly reports on Forms 10-QSB; and any reports on Form 8-K.
Medical International Technology Inc. takes no obligation to update
or correct forward-looking statements. DATASOURCE: MEDICAL
INTERNATIONAL TECHNOLOGIES INC. CONTACT: Karim Menassa, President
and CEO; Harold Gervais, MBA, Vice-President and CFO; Dr. Francis
Bellido, PhD, MBA, Vice-President and Chief Strategy Officer; (514)
339-9355, ; http://www.mitneedlefree.com/
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