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Press Release

IBEX Announces New Appointments to its Board of Directors


Posted on: 11 Oct 17

MONTREAL, Oct. 11, 2017 (GLOBE NEWSWIRE) -- IBEX Technologies Inc. (“IBEX” or the “Company”) (TSX-V:IBT) is pleased to announce the appointment of two new directors, following a search by IBEX’s Corporate Governance Committee, chaired by Robert DeLuccia, IBEX’s Lead Director.

Joseph Zimmermann, PhD, currently President, CEO and Founder of Biodextris Inc., Laval, Quebec, has joined the Board to fill the vacancy created by the untimely passing of Bernard Patriacca. Dr. Zimmermann received a Ph.D. in Biochemical Engineering from the Massachusetts Institute of Technology, a Masters of Philosophy in Pharmacology from Cambridge University (UK) and a Bachelor of Science in Chemical Engineering from Columbia University.

Bruce Connop, PhD, currently Vice President, Non-Clinical & Pharmaceutical Development, Transition Therapeutics, has also joined IBEX’s Board, thereby expanding the Board to six directors, five of whom are independent. Dr. Connop received a doctorate in Pharmacology & Toxicology from Queen’s University, Kingston, Ontario, followed by a Post-Doctoral Fellowship at the University of British Columbia.

“On behalf of the Board, I am extremely pleased to add two such accomplished executives to our Board of Directors”, said Paul Baehr, Chairman and CEO of IBEX.

The appointments of Dr. Joseph Zimmermann and Dr. Bruce Connop to IBEX’s Board of Directors are subject to approval by the TSX Venture Exchange.

ABOUT IBEX

IBEX manufactures and markets proteins for biomedical use through its wholly owned subsidiaries IBEX Pharmaceuticals Inc. (Montreal, QC) and Bio-Research Products, Inc. (North Liberty, IA). IBEX Pharmaceuticals also manufactures and markets a series of arthritis assays which are widely used in osteoarthritis research.

For more information, please visit the Company’s website at www.ibex.ca

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact:

Paul Baehr
President & CEO
IBEX Technologies Inc.
514-344-4004 x 143

GlobeNewswire
globenewswire.com

Last updated on: 12/10/2017

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