Randy Acres Names CFO at Innovex

Mr. Acres most recently served as Chief Financial Officer –
Asia Pacific for Symbol Technologies Inc and Brocade Communications
Systems Inc. Additionally Mr. Acres has more than 11 years experience
with various divisions of IBM, including assignments in Thailand and
China as the CFO of IBM Storage Products. Mr. Acres spent 8 of the last
10 years in various organizations with responsibility throughout the
Asia region and has extensive experience in both business and financial
activities.

“With the relocation of the corporate finance
functions to Thailand, as well as the current high level of strategic
activity necessary to position the company for the future, it is
important we have a strong CFO in place to drive these activities and
guide our restructuring efforts.” stated Terry
Dauenhauer, Innovex’s President & CEO. “Randy
brings to Innovex a diverse background that will serve the company well
as we proceed through the final stages of a difficult transition period.
We are very pleased to have Randy join our team.”

Innovex, Inc.