Retirement of Mark Morrisson CEO

09 Sep 2010

Mr. Morrisson noted that with the launch of the LifeScan OneTouch® Verio™ in the Netherlands in January 2010 and the launch last week in Australia, Universal Biosensors has completed a transformational step in its development. He noted that as the Company is now at an inflection point and that as the Company transitions to a substantial operating business, a different set of skills was now more appropriate to facilitate the further growth.

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