CryoPort Names Steven Leatherman as Chief Commercial Officer

SAN DIEGO--(BUSINESS WIRE)-- CryoPort, Inc. (OTCBB: CYRX) today announced that it has named Steven Leatherman as Chief Commercial Officer. Mr. Leatherman has more than 30 years of experience in sales and marketing, and operations management in the healthcare industry.

“Steve brings broad management and sales experience, including overall profit and loss responsibility for extensive healthcare product lines and medical device operations. Importantly, his background also includes a successful track record of international sales and business development,” said Larry Stambaugh, CryoPort’s chairman and chief executive officer. “I look forward to working closely with Steve to execute on our strategies geared at accelerating adoption of the CryoPort Express® shipping solution.”

Most recently, Mr. Leatherman was vice president of Global Surgical Supplies for Ansell Sandel Medical Solutions, and was president of Sandel Medical prior to its acquisition by Ansell Healthcare. Earlier he was general manager of Microflex, where he was responsible for marketing and domestic and international field sales; a director of marketing for Bausch & Lomb Surgical Division; vice president of marketing for Carl Zeiss Surgical, Inc.; and vice president of international marketing for Terumo Heart, Inc.

Mr. Leatherman has a Bachelor’s Degree in Biology from the University of Nevada, and a Master’s in Business Administration from the University of Phoenix.

About CryoPort, Inc.

CryoPort provides leading edge cold chain logistics services through the combination of purpose built proprietary technologies and total turnkey management of the entire process. The CryoPort Express liquid nitrogen based dry vapor shipper is validated to maintain a constant -150°C temperature for a minimum 10-day dynamic shipment duration, and its CryoPortal Logistics Management Platform manages the entire shipment process, including initial order, document preparation, customs clearance, courier management, shipment tracking, issue resolution,and delivery. CryoPort’s total turnkey service management approach offers reliability, cost effectiveness, and convenience, while the use of recyclable and reuseable components provides a “green” and environmentally friendly solution. For more information visit www.cryoport.com and the Cold Chain Transport blog at http://www.cryoport.com/biological-shipping-blog/

LHA
Don Markley, 310-691-7100
dmarkley@lhai.com
@LHA_IR_PR

Source: CryoPort, Inc.

Released April 3, 2012