OxySure Systems (OXYS) Adds Jeremy M. Jones, Former Chairman & CEO of Apria Healthcare as New Independent Director
FRISCO, Texas, and Irvine, California, March 26, 2013 (GLOBE NEWSWIRE) -- OxySure(R) Systems, Inc. (OXYS: OTCQB) ("OxySure," or the "Company"), a medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its "oxygen from powder" technology, today announced that Mr. Jeremy M. (“Jerry”) Jones, former Chairman and CEO of Apria Healthcare has joined the Company as an independent director effective April 1, 2013.
Mr. Jones brings over 35 years of healthcare industry experience to the OxySure Board. Mr. Jones founded Homedco Group, Inc., a home healthcare services company, which he took public in 1991. Homedco merged into Apria Healthcare Group, Inc. (“Apria”) in 1995 and from 1995 through January 1998, Mr. Jones was Chief Executive Officer and Chairman of Apria, which became the largest homecare service provider in the nation under his leadership through merger, acquisitions and increased market dominance, and was sold to the Blackstone Group (NYSE: BX) for $1.7 billion in December 1998. Mr. Jones currently serves as Chairman of On Assignment, Inc. (NYSE: ASGN), a $1.3 billion leader in the healthcare and life sciences sectors focusing on in-demand, skilled medical and technical staffing. At On Assignment he also serves on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
Mr. Jones also currently serves on the Board of CombiMatrix Corporation (Nasdaq: CBMX), and has invested in, and has served as Chairman of home health service companies, Byram Healthcare Centers Inc, and Lifecare Solutions, Inc, until their sale in 2008, and 2011 respectively. He has also served on the Board of US Labs, Inc., acquired by Lab Corp in 2005, and Cardium Healthcare, acquired by CenCorp Health in 2006.
During his career he has successfully led healthcare industry coalition efforts to unify the industry's splintered message to legislators, and has served two terms as Chairman of the Health Industry Distributors Association (HIDA) and was a Board Member of the National Association of Medical Equipment Services and founding Chairman of the Home Oxygen Services Coalition. He received the Dr. Jonas Salk Memorial Mentor in Medicine Award from the March of Dimes, recognizing him for his proven medical achievements as well as support of wellness programs aimed at the prevention of birth defects.
"We are pleased to welcome Jerry to our Board,” said Julian Ross, CEO of OxySure. “As we pursue our goal of providing OxySure as a standard safety item for all homes and businesses worldwide, I am convinced that Jerry’s expansive medical and healthcare sector experience and product distribution knowedge, combined with his extensive network of industry associates will be invaluable to our Company.”
"I am delighted to join OxySure’s Board,” said Jerry Jones. “Throughout my entire professional career in the healthcare industry, I have always been a big supporter of breakthrough technologies that saves lives. After learning more about OxySure and spending extensive time with Julian and his team and seeing first hand the quality operation he has built, I am convinced I can contribute to the rapid growth of OxySure in the U.S. and internationally."
Investor Relations, US West:
MZ North America
Ted Haberfield, President
Investor Relations, US East:
Barwicki Investor Relations
Andrew Barwicki, President