Protedyne Corporation Appoints Fran Tuttle President and CEO

Rolf Classon Elected Chairman of the Board

08-Feb-2006

Protedyne Corporation announced that Fran Tuttle has joined the company as President and Chief Executive Officer and will also join the company's Board of Directors. Protedyne also announced that Rolf Classon has been elected Chairman of the Board. Classon has served on Protedyne's Board of Directors since August 2004.

Ms. Tuttle has over 25 years of experience in life sciences leadership. Most recently, she was Senior Vice President of Near Patient Testing at Bayer Diagnostics, one of the world's largest diagnostic companies. At Bayer, she was responsible for a worldwide business of $400 million. Before joining Bayer Diagnostics, she spent 20 years at Chiron Diagnostics (formerly Ciba Corning Diagnostics), a leader in molecular and immunodiagnostics. Ms. Tuttle began her career as a CPA at Peat, Marwick, Mitchell and Company (now KPMG). She also holds an MBA from Harvard Business School.

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