SeQual Technologies Names New CEO

SAN DIEGO, June 26 /PRNewswire/ -- SeQual Technologies Inc., a San Diego-based medical equipment manufacturer which develops oxygen systems known worldwide for their reliability, quality, revolutionary design and economy, announced today the appointment of Ron Richard to the position of CEO effective July 1, 2008. Mr. Richard most recently served as senior vice president of sales and marketing at SeQual Technologies and has more than 30 years of experience in the healthcare industry and has worked as a clinician in respiratory care, sales, product development and strategic planning. He replaces Jim Bixby, who will continue as a member of the Board of Directors.

Mr. Richard has held a number of senior level positions in the industry prior to joining SeQual Technologies in 2007. During his tenure, the Company has experienced rapid growth attributable to sales and marketing, and has continued to expand globally with the establishment of an E.U. headquarters. The sales and marketing channels have been greatly expanded and the Company has begun playing an increasingly significant role in industry groups. The flagship Eclipse Personal Oxygen System has led the way in making SeQual the clear leader in battery operated oxygen concentrators.

“I joined SeQual Technologies because it was apparent that the team here shares my passion for providing solutions that improve patient quality of life and healthcare providers’ standard of care. I intend to ensure that we maintain that patient-oriented focus through clinical and technological superiority,” said Mr. Richard. “I’m delighted to lead this talented team who, together with our customers, are transforming the medical device marketplace.”

Mr. Richard is a published author on multiple topics in healthcare and is actively supporting patient advocacy groups to improve the outcomes and health benefits for patients suffering from chronic conditions such as COPD, sleep apnea, and degenerative neuromuscular disease. He has been active in several associations over the years helping with standards, healthcare finance issues, reimbursement and strategic planning, such as NAMDRC, ACCP, AARC and ASAA.

“Ron’s industry experience and leadership will be invaluable as SeQual continues rapid expansion as the leading company in oxygen therapy,” stated Mr. Bixby. “On behalf of our entire Board, we look forward to working with Ron. We are excited to welcome him to his new role and look forward to his leadership in accelerating the further expansion of the company.”

“We welcome Ron to the helm. He has a great vision for SeQual’s path forward as an organization that supports providers, clinicians and patients,” said Vernon Pertelle, board director for SeQual Technologies. “He possesses the passion, excitement and knowledge of the marketplace to take the Company to the next level as the oxygen delivery market leader.”

ABOUT SEQUAL TECHNOLOGIES INC

Founded in 1991, SeQual offers a family of innovative products ranging from the 3 LPM (liter-per-minute) continuous flow portable Eclipse to its popular, compact, easy-to-use bedside 10 LPM unit. SeQual’s air separation systems are used for industrial applications such as water purification, oxygenation for aquaculture, producing feed gas for ozone generators, or for any other processes needing high-purity, dry oxygen or nitrogen on site. SeQual is a private company based in San Diego. For more information, visit http://www.sequal.com.

CONTACT: Erik Clausen or Shannon Murphy of Schwartz Communications, Inc.,
+1-415-512-0770, SeQual@schwartz-pr.com, for SeQual Technologies Inc.

Web site: http://www.sequal.com/

MORE ON THIS TOPIC