Media Contact:                                                                  FOR IMMEDIATE RELEASE

Carolyn Hughes

Palco Labs, Inc.

831-430-1603

chughes@palcolabs.com

 

PALCO LABS APPOINTS BRETT MOSHER CHIEF EXECUTIVE OFFICER

 

SCOTTS VALLEY, Calif.—August 31, 2006—Palco Labs, Inc., a leading designer and manufacturer of medical devices for blood sampling, today announced the appointment of Brett Mosher to Chief Executive Officer.  Jeff Smith has resigned as CEO to undertake a new endeavor in the electronics market.  He will remain on the Board of Directors for Palco Labs.

 

“Brett brings a significant amount of management expertise to Palco Labs and we look forward to his strategic direction and counsel,” said Paul D. Levin, M.D., founder of Palco Labs.  “Palco Labs is transitioning to focus on core capabilities such as the design and manufacture of blood sampling devices.  We are very pleased with the accomplishments during Jeff Smith’s tenure as CEO and wish him the best in his new role.”

 

Brett Mosher was past president of Eric Electronics and The Luggage Center, where he was instrumental in increasing corporate value and growing sales by the millions despite market downturns.  His expertise ranges from developing operational excellence and improving performance to transforming small businesses into sophisticated, technology-driven competitive companies.  Brett holds a B.S. in Business from the University of California, Davis.

 

About Palco Labs, Inc.

Palco Labs, Inc. designs and manufactures world-class medical device products for distribution in more than 40 countries. Founded in 1979, Palco Labs is known for its quality standards and innovative products for blood sampling and injection assistance. Palco Labs is a privately owned domestic manufacturer based in Scotts Valley, California. More information can be found at www.palcolabs.com.

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