Korr Medical Technologies Announces Executive Change

Korr Medical Technologies, Inc. announced today that on November 3, 2009, the board of directors of the Company removed Scott A. Kofoed as Chief Executive Officer and President of the Company, and terminated Mr. Kofoed's employment with the Company.
 
Nov. 6, 2009 - PRLog -- Korr Medical Technologies, Inc. (the "Company") announced today that on November 3, 2009, the board of directors (the "Board") of the Company removed Scott A. Kofoed, PhD as Chief Executive Officer and President of the Company, and terminated Dr. Kofoed's employment with the Company.  Dr. Kofoed remains a director of the Company, but a majority of Company shareholders have taken action to remove Dr. Kofoed as a Company director, which removal will become effective on November 13, 2009.

Dr. Kofoed is a founding partner of Korr Medical Technologies whose involvement has been vital to the quality of Korr's products and to the success of the company.  His contribution will always be remembered and appreciated.

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Korr Medical manufactures and sells metabolic measurement devices, including Indirect Calorimeters that measure metabolic rate and VO2 Test Equipment for fitness assessments. Korr products are the most accurate subcompact metabolic analyzers worldwide.
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