{"id":485096,"date":"2021-04-30T07:33:25","date_gmt":"2021-04-30T11:33:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-announces-appointment-of-david-preiner-as-new-chief-executive-officer\/"},"modified":"2021-04-30T07:33:25","modified_gmt":"2021-04-30T11:33:25","slug":"medivolve-announces-appointment-of-david-preiner-as-new-chief-executive-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-announces-appointment-of-david-preiner-as-new-chief-executive-officer\/","title":{"rendered":"Medivolve Announces Appointment of David Preiner as New Chief Executive Officer"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, April  30, 2021  (GLOBE NEWSWIRE) &#8212; <strong>Medivolve Inc. (\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC)<\/strong>\u00a0a healthcare investment management company that seeks out disruptive technologies, ground-breaking innovations and exclusive partnerships to help combat COVID-19, today announced that David Preiner has been appointed Chief Executive Officer (CEO), effective immediately. Preiner will succeed Doug Sommerville, who will assist as a transitionary advisor to the new CEO. As Medivolve\u2019s CEO, Preiner will lead a team of computer scientists, engineers, and physicians to build a next-generation, data-driven healthcare system set to transform human health management across the United States.<\/p>\n<p align=\"justify\">Harvard educated BLA candidate in Biology, Preiner is experienced in the intersectionality of biotechnology, artificial intelligence and nanotechnology to accelerate translational science and molecular discovery. Successful entrepreneur with a track record in bootstrapping, leading and scaling startups into multimillion dollar companies, Preiner\u2019s appointment reflects Medivolve\u2019s commitment to searching for and investing in breakthrough sciences, technologies, research, and resolutions to shape the future of healthcare.\u00a0<\/p>\n<p align=\"justify\">\u201cIt\u2019s been a great privilege to lead Medivolve and to have overseen the company\u2019s transformation from investment issuer to a leader in disruptive medical technologies focused on the prevention, detection and treatment of COVID-19, and future delivery of medical technology and services,\u201d said Doug Sommerville, former CEO and ongoing Medivolve advisor. \u201cDavid\u2019s appointment comes at a critical inflection point in Medivolve\u2019s evolution, and we are thrilled to have someone with such a unique blend of proven scientific and entrepreneurial experience build on the company\u2019s momentum and take advantage of the market opportunities ahead.\u201d<\/p>\n<p align=\"justify\">Preiner will serve concurrently as CEO of Xenomics, a private biotechnology company he founded in 2019, where he leads a PhD-level team focused on advancing breakthroughs in genetics and biomanufacturing to combat global sustainability issues in food, energy, and health. Preiner\u2019s role as CEO of Medivolve and Xenomics is a strategic decision structured to enable both companies to capitalize on opportunities to leverage high-performance computing partnerships and talent, while drastically reducing capital requirements.<\/p>\n<p align=\"justify\">\u201cI am incredibly excited and honored to lead our mission-driven company into the next wave of growth,\u201d said David Preiner, CEO, Medivolve. \u201cIt has been a formative year for almost every person on the planet. Confronted with the reality of a fragile societal infrastructure and gaping health disparities, the COVID-19 pandemic magnified an already existing need to reimagine how healthcare is designed, offered and customized to align with the world we live in and the unique needs of the people who live in it. We have a tremendous opportunity here at Medivolve to leverage emerging technologies, scientific discoveries and data-driven insights to transform and sustainably manage American healthcare for the long-term.\u201d<\/p>\n<p align=\"justify\">Prior to joining Medivolve, Preiner led a series of academic projects, successful startups, and philanthropic endeavors. At Biotii Technologies, he worked to unlock the therapeutic potential of synthetic cannabinoids in treating a broad range of disease conditions. As an academic, Preiner earned accolades as the Microsoft Prize Winner at Hack Harvard in 2015, Intel Prize Winner at Stanford TreeHacks in 2016, and 3rd Place Winner at Yale Hack Health in 2016. While pursuing his studies at Harvard, he worked as a clinical technician in the Neurology Department at Boston Children&#8217;s Hospital. Before resuming his education, he co-founded, led and successfully grew four startups.\u00a0<\/p>\n<p align=\"justify\">Outside of healthcare innovation, Preiner is also known for his humanitarian work. In the wake of the 2010 Haitian earthquake, he took on leadership roles in partnership with local NGOs to distribute fresh water and rebuild and restore nearly 15 schools.\u00a0<\/p>\n<p align=\"justify\">Sommerville is stepping down as Medivolve CEO and a director to pursue personal interests and to focus on his board and advisory roles.<\/p>\n<p align=\"justify\">The Company has granted 1,000,000 stock options to Preiner pursuant to the Company\u2019s stock option plan. The stock options vest immediately and may be exercised at a price of $0.155 per common share for a period of five years from the date of grant.<\/p>\n<p align=\"justify\">\n        <strong>About Medivolve Inc.<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=JdUgwQ9wb5BfuqPjpBlbMGIpJotvaCcFllzOkM5r-2q2-dZo4bLlR6exkHpqHXRtuB3Q-TcK8w2z4IQGWglV1Q==\" rel=\"nofollow noopener\" target=\"_blank\">Medivolve Inc.<\/a>\u00a0(NEO:MEDV; OTC:COPRF; FRA:4NC) focuses on commercializing technologies to help combat the COVID-19 pandemic. This includes providing convenient and accessible medical services for testing, prevention and treatment. Medivolve is comprised of a team of renowned global medical and business advisors who are committed to helping fulfill Medivolve\u2019s mission of searching for and investing in breakthrough sciences, technologies, research or resolutions to empower the betterment of mankind. This panel includes prominent Stanford neurologist and immunologist Dr. Lawrence Steinman as well as Dr. Glenn Copeland, one of North America\u2019s most prominent orthopedic treatment and sports medicine specialists. Through its braintrust of industry specialists, thought leaders, influencers, and opinion makers, Medivolve has also developed a proprietary strategy to capitalize on high-margin opportunities across three areas: the prevention, detection, and treatment of COVID-19.<\/p>\n<p>For investing inquiries, please contact:\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4VUgnity36gfDC2uGmjSInjbddhlT7kYq0i0J45WUH583LCXfzymcgW3ozaUapV8PQ5YId0-zxHpI9uZ7dILcw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>info@medivolve.ca<\/u><\/a>\u00a0\u00a0<br \/>\u00a0\u00a0<br \/>For U.S. media inquiries, please contact:\u00a0<br \/>Sophia Powe\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=QIJO7B6E1nqUiCNNSVtPaTEVVArkC4skKMevPagEs4z1xNJam2Ec6vG1qGLN-5Wyxvai7mdXNUdd8XR29_Qg6t01w08mZ7bubVFbzuwerzP30HPp2K7pGo2rcKl46gatctn9BXFspa5OVzNF-2f3Mg==\" rel=\"nofollow noopener\" target=\"_blank\"><u>sophia@therelentlesscollective.com<\/u><\/a>\u00a0<\/p>\n<p align=\"justify\">\n        <strong>Cautionary Note Regarding Forward-looking Information<\/strong>\u00a0<br \/>\u00a0\u00a0<br \/>This press release contains &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the appointment and resignation of officers and directors; the pursuit by\u00a0Medivolve\u00a0of opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as &#8220;plans&#8221;, &#8220;expects&#8221; or &#8220;does not expect&#8221;, &#8220;is expected&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;estimates&#8221;, &#8220;forecasts&#8221;, &#8220;intends&#8221;, &#8220;anticipates&#8221; or &#8220;does not anticipate&#8221;, or &#8220;believes&#8221;, or variations of such words and phrases or state that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will be taken&#8221;, &#8220;occur&#8221; or &#8220;be achieved&#8221;. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to\u00a0be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.\u00a0<br \/>\u00a0\u00a0<br \/>NEITHER THE NEO EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\u00a0<\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyNzAzNCM0MTQ3OTE3IzIwOTEwNzQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/001fc509-ab44-4286-b3b7-38e1fc7df8db\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, April 30, 2021 (GLOBE NEWSWIRE) &#8212; Medivolve Inc. (\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC)\u00a0a healthcare investment management company that seeks out disruptive technologies, ground-breaking innovations and exclusive partnerships to help combat COVID-19, today announced that David Preiner has been appointed Chief Executive Officer (CEO), effective immediately. Preiner will succeed Doug Sommerville, who will assist as a transitionary advisor to the new CEO. As Medivolve\u2019s CEO, Preiner will lead a team of computer scientists, engineers, and physicians to build a next-generation, data-driven healthcare system set to transform human health management across the United States. Harvard educated BLA candidate in Biology, Preiner is experienced in the intersectionality of biotechnology, artificial intelligence and nanotechnology to accelerate translational science and molecular discovery. Successful entrepreneur with &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-announces-appointment-of-david-preiner-as-new-chief-executive-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Medivolve Announces Appointment of David Preiner as New Chief Executive Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-485096","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Medivolve Announces Appointment of David Preiner as New Chief Executive Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/medivolve-announces-appointment-of-david-preiner-as-new-chief-executive-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Medivolve Announces Appointment of David Preiner as New Chief Executive Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, April 30, 2021 (GLOBE NEWSWIRE) &#8212; Medivolve Inc. (\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC)\u00a0a healthcare investment management company that seeks out disruptive technologies, ground-breaking innovations and exclusive partnerships to help combat COVID-19, today announced that David Preiner has been appointed Chief Executive Officer (CEO), effective immediately. Preiner will succeed Doug Sommerville, who will assist as a transitionary advisor to the new CEO. As Medivolve\u2019s CEO, Preiner will lead a team of computer scientists, engineers, and physicians to build a next-generation, data-driven healthcare system set to transform human health management across the United States. Harvard educated BLA candidate in Biology, Preiner is experienced in the intersectionality of biotechnology, artificial intelligence and nanotechnology to accelerate translational science and molecular discovery. 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(\u201cMedivolve\u201d) (NEO:MEDV; OTC:COPRF; FRA:4NC)\u00a0a healthcare investment management company that seeks out disruptive technologies, ground-breaking innovations and exclusive partnerships to help combat COVID-19, today announced that David Preiner has been appointed Chief Executive Officer (CEO), effective immediately. Preiner will succeed Doug Sommerville, who will assist as a transitionary advisor to the new CEO. As Medivolve\u2019s CEO, Preiner will lead a team of computer scientists, engineers, and physicians to build a next-generation, data-driven healthcare system set to transform human health management across the United States. Harvard educated BLA candidate in Biology, Preiner is experienced in the intersectionality of biotechnology, artificial intelligence and nanotechnology to accelerate translational science and molecular discovery. 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