TIDMAKR

Akers Biosciences, Inc.

07 September 2017

September 7, 2017

Akers Biosciences, Inc.

Akers Biosciences Hires Medical Device Specialist to Lead US Sales and Distribution

Akers Biosciences, Inc. (NASDAQ: AKER) (AIM: AKR.L), ("Akers Bio" or the "Company"), a developer of rapid health information technologies, has appointed Pamela E. Hibler to lead the Company's North American commercial team as Vice President, Sales and Distribution.

Pamela has over 25 years of success in the medical device sector in sales, sales management and as a corporate director. In particular, she has specialized in helping companies to launch new and innovative technology into the healthcare market.

Since 2010, Pamela has been working for Cogentix Medical, a global medical device company that was formed through the 2015 merger of two public entities, Uroplasty and Vision Sciences, and is focused on increasing treatment efficiency and lowering patient risk.

In her most recent role as Director of Sales, Airway Division, Pamela led and managed this business unit nationally, with a strong focus on sales performance and quotas. Prior to this role, Pamela was National Director of Sales Operations, which included responsibility for Sales Analytics, Sales Training and Customer Service. In this position, Pamela was directly involved in combining the sales functions of the Uroplasty and Vision Sciences businesses following their 2015 merger. Pamela had earlier held the position of Western Regional Sales Director, where she established, trained and led an award-winning team to drive sales growth of 585% over a three-year period.

Prior to Cogentix Medical, Pamela held senior sales roles with other companies including United States Surgical Corporation and Medical Horizons. At Medical Horizons, a surgical intrument manufacturer, sales and distribution organization, she was Founder and President, and led a highly succesful and multi award-winning team of internal and independent sales representatives.

Pamela began her career in sales and marketing with Ford Motor Company in 1990.

John J. Gormally, Chief Executive Officer, commented:

"I am delighted to welcome Pamela Hibler to lead Akers Bio's North American sales and distribution function. Her experience of selling innovative technology and products into the healthcare market, which improve the cost and efficiency of certain practices in our industry, is directly relevant to Akers Bio, whose products are focused on delivering rapid health information.

"Pamela has been highly successful in deploying and managing sales strategies that combine internal personnel with independent sales and distribution organizations - a model which Akers Bio is developing, in particular for its rapid antibody tests and those which target the large health and wellness practitioner market."

About Akers Biosciences, Inc.

Akers Bio develops, manufactures, and supplies rapid screening and testing products designed to deliver quicker and more cost-effective healthcare information to healthcare providers and consumers. The Company has advanced the science of diagnostics while responding to major shifts in healthcare through the development of several proprietary platform technologies. The Company's state-of-the-art rapid diagnostic assays can be performed virtually anywhere in minutes when time is of the essence. The Company has aligned with major healthcare companies and high volume medical product distributors to maximize product offerings, and to be a major worldwide competitor in diagnostics.

Additional information on the Company and its products can be found at www.akersbio.com. Follow us on Twitter @AkersBio.

Cautionary Statement Regarding Forward Looking Statements

Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering, closing of the offering and use of any proceeds from the offering. When used herein, the words "anticipate," "believe," "estimate," "upcoming," "plan," "target", "intend" and "expect" and similar expressions, as they relate to Akers Biosciences, Inc., its subsidiaries, or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to the Company and are subject to a number of risks, uncertainties, and other factors that could cause the Company's actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements.

For more information:

Akers Biosciences, Inc.

John J. Gormally, Chief Executive Officer

Raymond F. Akers, Jr. PhD, Chief Scientific Director

Tel. +1 856 848 8698

Taglich Brothers, Inc. (Investor Relations)

Chris Schreiber

Tel. +1 917 445 6207

Email: cs@taglichbrothers.com

finnCap (UK Nominated Adviser and Broker)

Adrian Hargrave / Scott Mathieson (Corporate Finance)

Steve Norcross (Broking)

Tel. +44 (0)20 7220 0500

Vigo Communications (Global Public Relations)

Ben Simons / Fiona Henson

Tel. +44 (0)20 7830 9704

Email: akers@vigocomms.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 07, 2017 02:01 ET (06:01 GMT)

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