Martinez, Calif. – January 7, 2019 – ExThera Medical Corporation (ExThera) has appointed two outstanding new directors to their board. John Preston, Managing Partner of TEM Capital, and Greg Dollarhyde, managing member of Dollarhyde Enterprise Group, will join the ExThera Board of Directors immediately. ExThera, an early-stage device company in the Bay Area, is a developer of device-based therapies for removing bacteria and viruses from blood.

Preston’s background includes a 30-year tenure at the Massachusetts Institute of Technology (MIT), directing technology licensing and managing the interface between researchers and industry. Through MIT’s technology licensing office, he helped to create hundreds of new technology-based companies. Preston also served as a technology subject matter expert in various capacities for U.S. presidential administrations and government agencies. Since leaving MIT, Preston continues his efforts to create technology-based companies, most recently, Braidy Industries.

John will contribute considerable entrepreneurial expertise, along with an intimate understanding of strategic partnerships and the national and international technology landscapes, in his role on the board as ExThera works to bring game-changing technology to the marketplace for the treatment of bloodstream infections and sepsis.

Greg Dollarhyde has been CEO or Chaiman of eight separate companies in his career and has invested in and counseled entrepreneurs and corporations across several industry verticals, including ExThera and a multi-billion-dollar gaming company, generating substantial wealth creation for investors. Dollarhyde was formerly Executive Chairman & CEO of ZOES KITCHEN, an NYSE-listed company based in Dallas, with an established base of more than 250 restaurants. Additionally, he serves on the boards of BLAZE PIZZA and VEGGIEGRILL, and was the former CFO of then publicly-held TGI Fridays.

With core specialties including corporate governance, capital formation and building enterprise value, Greg’s deep-rooted expertise in financial strategy and business development will be instrumental as ExThera works to bring their groundbreaking technology to the U.S. and European marketplaces for the treatment of bloodstream infections.

“We are excited to bring John Preston and Greg Dollarhyde to our Board of Directors,” said Robert Ward, CEO of ExThera Medical Corporation. “John brings to ExThera a remarkable set of skills and background in moving technology into the marketplace on a grand scale. As ExThera begins to build global partnerships for its groundbreaking platform technology in the battle against drug-resistant pathogens, dysregulated host response and dozens of intractable disease groups, John’s experience and network will enhance the development of the company in immediate, powerful, and substantial ways.”

“Greg has been a longtime supporter and investor of our efforts to contribute to medical science not only as ExThera, but in our previous company, The Polymer Technology Group – where we invented and brought to market transformational medical devices and materials for companies like Johnson & Johnson, Medtronic, Advanced NeuroStimulation Systems and Dexcom,” Ward continued. “With Greg’s masterful, high-energy approach to quickly developing early stage companies, we are delighted he has agreed to join ExThera’s Board of Directors, where he will play key roles in finance and business development.”

# # #

About ExThera Medical Corporation
ExThera Medical Corporation develops and commercializes extracorporeal blood filtration devices, including the Seraph^® 100 Microbind^® Affinity Blood Filter (Seraph 100) for removing a broad range of pathogens from the bloodstream of patients. Seraph 100 can be used in hospitals, clinics, on battlefields and in other austere environments to address nosocomial and community-acquired infections as well as those caused by battlefield wounds, pandemics, and biological warfare agents. ExThera Medical’s extracorporeal products have demonstrated life-saving capabilities in a wide range of critically ill patients suffering from sepsis, COVID-19, and many other severe bloodstream infections. With a growing body of outcome and health economic evidence from independent clinical studies, success in the DARPA Dialysis-Like Therapeutics program, and from successful clinical use in the U.S., the EU, and the Middle East, the company is well positioned to serve healthcare professionals and patients alike. 

The Seraph 100 Microbind Affinity Blood Filter (Seraph 100) attained CE Mark in 2019 and is commercially available in the EU for the treatment of blood stream infections. The Seraph 100 device has neither been cleared nor approved by the U.S. Food and Drug Administration (FDA) for any indication. The Seraph 100 has been authorized by FDA under an Emergency Use Authorization (EUA) to treat patients with COVID-19 infection. The Seraph 100 is authorized only for the duration of the declaration that circumstances exist justifying the authorization of the emergency use of the Seraph 100 device under section 564(b)(1) of the Act, 21 U.S.C. § 360bbb-3(b)(1), unless the authorization is terminated or revoked sooner.

For more information, visit the company’s website at https://extheramedical.com/.

About Seraph 100 and the ONCObind Procedure
As a patient’s blood flows through the Seraph^® 100 Microbind^® Affinity Filter (Seraph 100), it passes through a bed of small beads with receptors that mimic the receptors on human cells that pathogens target when they invade the body. Many harmful substances are quickly captured and adsorbed onto the surface of the beads and are thereby subtracted from the bloodstream. Seraph 100 adds nothing to the bloodstream. It targets the pathogens that cause the infection, while it also binds and removes harmful substances generated by the pathogen and by the body’s response to the infection. Seraph’s proprietary adsorption media (the beads) constitute a flexible platform that uses immobilized (chemically bonded) heparin for its well-established blood compatibility and its unique ability to bind circulating tumor cells, bacteria, viruses, fungi, and important sepsis mediators reported to contribute to organ failure during sepsis.

ExThera Medical is currently developing the ONCObind Procedure Hemoperfusion Filter (ONCObind) to support cancer treatment. ONCObind is part of the same platform technology as Seraph 100.

For more news stories on Seraph 100 and ONCObind, click here.

Disclaimer
All information contained in this news release derives from plausible, reliable sources, however they have not been independently examined or verified. There is no representation, warranty, or guarantee provided herein. Except as otherwise required by appliable law, all liability for any direct or indirect claims, damages or losses are hereby disclaimed whether or not foreseeable. This communication includes forward-looking statements regarding events, trends and business prospects that may affect our future operating results and financial position. Such statements are subject to risks and uncertainties that could cause our actual results and financial position to differ materially. Accordingly, the investment and/or the revenues that arise from it can rise or fall or fail entirely. We assume no responsibility to update or revise any statements contained in this news release, including forward-looking, to reflect events, trends, or circumstances that might arise after the date of this news release. Results from case studies (reviews) may not be predictive of future results.

MM0044 Rev A