Radient Technologies Inc.
TSX VENTURE : RTI

Radient Technologies Inc.

June 01, 2016 09:00 ET

Radient Technologies Inc. Announces Appointment of Francesco Ferlaino to Board of Directors

EDMONTON, ALBERTA--(Marketwired - June 1, 2016) -

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Radient Technologies Inc. ("Radient" or the "Corporation") (TSX VENTURE:RTI) is pleased to announce the appointment of Mr. Francesco ("Frank") Ferlaino to its Board of Directors as an independent, non-executive director.

Frank, is a retired executive from the cosmetic and personal care industry. Frank spent 28 years with the L'Oreal group starting in 1977 and had various roles during that time. He began his L'Oreal career overseeing sales for the Consumer Products Division of L'Oreal Canada. He then worked his way to General Manager of the Division then ultimately to CEO of L'Oreal Canada in 1996. During his tenure as CEO, he oversaw the acquisition/introduction of a number of new brands and the restructuring of the manufacturing and distribution activities. During his time, L'Oreal Canada became the leader in the Canadian cosmetic industry and was one of the most profitable countries in the L'Oreal Group. In late 2000, Frank accepted the role of President and CEO of L'Oreal Brazil with a clear mission to accelerate growth through internal and external activities. During his 4 year tenure L'Oreal Brazil became a high profile and strategic subsidiary of the L'Oreal Group.

Prior to his time with the L'Oreal group Frank was the Chief Financial Officer for Vanier Universelle Ltee., a private Canadian cosmetic company and prior to his time at Vanier, he held several positions with the Bank of Nova Scotia. Frank holds a Bachelor of Commerce from the University of Montreal and a MBA from the Bordeaux Ecole de Management. Currently, Frank and his wife own and operate a vineyard and winery in Tuscany, Italy where they have been producing award winning wines since 2007.

"On behalf of the Board of Directors and management, I would like to welcome Frank to the Radient Board. Frank's leadership and experience, along with a successful track record while CEO at L'Oreal Canada and L'Oreal Brazil, makes him an ideal candidate for our Board. The addition of Frank will further strengthen and broaden Radient's leadership team," said Denis Taschuk, President and CEO of Radient.

Radient also announces that Wolfgang Muhs will be stepping down from the Radient Board. Wolfgang has been a director of Radient since 2009.

"On behalf of the Board of Directors and management, I would like to thank Wolfgang for his dedicated service to the Company and his many contributions to the growth and development of Radient through some very challenging times," said Armand Lavoie, Chairman of the Board of Radient.

About Radient

Radient extracts natural compounds from a range of biological materials using microwave assisted processing ("MAP™"), a patented technology platform which provides superior customer outcomes in terms of ingredient purity, yield, and cost. From its 20,000 square foot manufacturing plant in Edmonton, Alberta, Radient serves market leaders in industries that include pharmaceutical, food, beverage, natural health, personal care and biofuel markets. Visit www.radientinc.com for more information.

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