SOURCE: Novagant, Inc.

Novagant NVGT

January 29, 2014 09:00 ET

Novagant, Inc. Announces New Executive Team for New Growth Vision

LAGUNA HILLS, CA--(Marketwired - January 29, 2014) - Novagant, Inc. (PINKSHEETS: NVGT) is pleased to announce its new executive management team to lead its revitalization plans with the team's experience as successful inventors and entrepreneurs dedicated to the plan and vision to grow the Company with visionary products.

The new executive team consists of:

Dr. Christopher Lolachi, M.D. (CEO/President) is a physician with innovative energy many years beyond his medical training. Reflecting his personal interest in exploring technical and engineering innovations, he majored in Biology and minored in Electrical Engineering at the University of Colorado, and has obtained one U.S. patent (and other inventions with patent applications pending). He earned his medical degree from Dartmouth Medical School, and is a Chief of Head and Neck Surgery since 2006.

Dr. Anoosheh Lolachi, M.D. (Secretary) is a physician operating her own anti-aging and weight loss clinic after practicing general medicine. She is an inventor within the medical field that is expected to provide great value to the Company.

Ms. Heidee Lolachi (CFO/Treasurer) comes to the Company with more than 12 years' experience at the Treasury Department of Iran, beginning as an auditor before being elevated to several managerial positions, including as head of the auditing department, and ultimately as Deputy Director of the Tehran International Airport Customs. She later became assistant manager of the accounting department for a national restaurant chain. She received her B.A. in Accounting and her Masters in Economics, both from the University of Tehran (Iran).

For more information about the Company, please visit www.novagant.com.

CEO Christopher Lolachi shared, "I have always respected and pursued new and innovative concepts in technology, and we are eager to bring new products to the Company and to the marketplace to enhance the Company's value. We're excited to be here and look forward to delivering growth to the Company. Please stay tuned for further developments." 

About Novagant, Inc.
Novagant, Inc. was incorporated in the state of Nevada on February 23, 1987 under the name of Kendrex Systems, Inc. The Company underwent several name changes, and ultimately on November 26, 2013 changed its name to Novagant, Inc.

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's affiliates that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

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