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CerMed Institutes Corporate Name Change and Appoints President

June 10, 2014

CerMed said that it has adopted a new corporate name - OncoGenesis.

According to Founder and Board Chairman Peter Gombrich, "The name OncoGenesis better articulates our broader focus beyond point-of- care cervical cancer screening, to include cancer diagnostics and personalized directed therapeutics. We have made great progress over the past year demonstrating the efficacy of our CerMark multiplexed biomarkers which were previously proven on histology samples and now with cytological patient samples. This point-of-care test will run on the company's microfluidics-based platform, utilizing a proprietary and highly sensitive novel non-optical sensor," continued Gombrich.

In its release, the company also reported the appointment of Thomas Umbel as President and COO. Umbel comes to OncoGenesis with over 35 years of multi-discipline experience in companies ranging in size from start-ups to major global corporations.

For the past 15 years, Umbel has held various senior management positions at Hologic, a developer, manufacturer and supplier of premium diagnostic products with an emphasis on serving the healthcare needs of women throughout the world.

"We are very fortunate to have someone of Tom's experience and credentials join our company," said Peter Gombrich. Adding, "Tom brings deep experience in women's health to OncoGenesis. As we expand beyond cervical screening he will be instrumental in leading the company to the next level."

"I am very pleased to be joining this exciting venture," said Umbel. "The OncoGenesis team is comprised of successful managers, scientists and engineers backed by an exceptional group of global scientific and medical advisors. I look forward to leading this team in bringing these breakthrough technologies to market."

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