FRANKLIN, Mass., April 22, 2011 /PRNewswire/ — PLC Systems Inc.
(OTCBB: PLCSF), a company focused on innovative medical device
technologies, today announced that its Chief Financial Officer,
James G. Thomasch, will leave the company effective May 2, 2011, to
become Chief Executive Officer at Clinquest, Inc., a privately-held
company. PLC’s Controller, Karen Raus, will fulfill the financial
reporting duties previously handled by Mr. Thomasch upon his
departure. Ms. Raus has served as PLC’s Corporate Controller since
August 1996 and is a certified public accountant.
Said Mark Tauscher, President and CEO, “Jim has been a talented
and resourceful partner in our long-standing effort to remake PLC
Systems into a new company around our RenalGuard® technology.
All of us so appreciate his diligence and acumen as we’ve faced a
variety of challenges over the years. We understand Jim’s desire to
step into an exciting new leadership role for him at this time in
his career, and we wish him all the best.”
About PLC Systems Inc.PLC Systems Inc. is a medical
technology company specializing in innovative technologies for the
cardiac and vascular markets. Headquartered in Franklin,
Massachusetts, PLC today focuses on its newest product, RenalGuard,
which is approved for sale in the EU as a general fluid balancing
device. Additional company information can be found at www.plcmed.com.
This press release contains “forward-looking” statements.
For this purpose, any statements contained in this press release
that relate to prospective events or developments are deemed to be
forward-looking statements. Words such as “believes,”
“anticipates,” “plans,” “expects,” “will” and similar expressions
are intended to identify forward-looking statements. Our statements
of our objectives are also forward-looking statements. While we may
elect to update forward-looking statements in the future, we
specifically disclaim any obligat
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