NEW YORK--(BUSINESS WIRE)--(OTCBB:CEMI) - Avi Pelossof, Chembio’s Vice President of Sales, Marketing and Business Development, has resigned from Chembio to accept a new position that is being created at Inverness Medical Innovations, Inc. (AMEX:IMA) in which he will have global responsibility for all of Inverness’ HIV and other blood borne virus rapid tests and related products. Notably, this responsibility will include development and implementation of the marketing strategy for Chembio’s rapid HIV tests products in the United States and other markets pursuant to the marketing agreements Inverness announced with Chembio in October. Mr. Pelossof’s transition to Inverness will occur during January, 2007.
