Vero Beach, FL (1888PressRelease)
September 24, 2009 - XStream Systems, Inc. announced today that its Board of Directors appointed James J. Lowrey as Chairman of the Board and Chief Executive Officer. With this announcement the company also announced that Brian Mayo will serve as President and Chief Technical Officer and named six new members to the Board of Directors.
Mr. Lowrey is a retired investment banker who was employed on Wall Street during the 1970’s at Salomon Brothers in New York, and has since founded several business enterprises including James J. Lowrey & Company, Inc., Catalyst Energy, and Navarro Lowrey, Inc.
Mr. Mayo, the founder of XStream Systems and an expert in network communications and electronics, will serve as President/Chief Technical Officer and serve on the Board of Directors.
During August 2009, six new members were named as Directors to the XStream Board, including Ash Chawla, Dennis H. Ferro, Simon Irish, Joseph Melone, Dr. Edwin Darracott Vaughan, Jr., and Dr. Stuart L. Weinstein.
“We at XStream recognize the value of leadership and are honored that these accomplished executives have joined our board. We believe their expertise and experience will be instrumental in our future strategic planning and we all look forward to working with them,” stated Brian Mayo, President and Chief Technical Officer.
To view more information on the Board of Directors and Management Team of XStream Systems, visit our website at: www.xstreamsystems.net/management.html.
About XStream Systems
XStream Systems, Inc. (the “Company”) designs and develops material authentication and detection solutions that allow molecular structure analysis on hidden materials. The Company’s patented technology combines penetrating x-rays, forensic analysis, and automated software algorithms that allow non-technical personnel to rapidly validate products even when sealed within their original packaging. The Company’s BeyondPedigree™ Solutions allow verification of authenticity and quality throughout the pharmaceutical distribution chain. XStream’s SPN (Secure Pharma Network) integrates testing data into a real time supply chain safety management solution.
For more information, call 1-800-597-1191 or visit www.xstreamsystems.net.
###
