The Board of Directors of Milestone Medical Inc. (WAR: MMD, “the Company") announced that it has expanded its medical sales team including the appointment of Chet Trechock as Vice President of Sales Medical starting from June 23, 2021.

The Board of Directors of the Company is witnessing growing interest in CompuFlo® Epidural Instrument and CathCheck™ System among anesthesiologists and hospitals. This interest is due, in part, to more hospitals re-opening their facilities to outside sales representatives, as well as the safety and economic value proposition of the system. Previously, the Company made the strategic decision to await the recovery of the pandemic prior to investing heavily in salesforce expansion, which allowed the Company to preserve capital and extend the cash runway. However, the Company is now aggressively building the sales and marketing organization to capitalize on these opportunities. Specifically, the Company has expanded the sales team to 10 representatives, including 7 seasoned sales executives hired in just over the past two months alone.

The Board of Directors of the Company is especially pleased to announce the appointment of Chet Trechock as the new Vice President of Sales Medical, replacing Eric Gilbert, former Vice President of Sales Medical. The Board of Directors of the Issuer believes having such a strategic sales leader with a proven track record in both medical devices and in the field of epidural drug delivery will help accelerate the growth and support the expansion initiatives to more aggressively market the instruments and consumables nationwide. Chet’s extensive relationships with key opinion leaders and physicians in the field of epidural drug delivery will be invaluable as the Company works towards the goal of establishing the technology as the standard of care in epidural procedures during labor and delivery.

All Information concerning Mr. Trechock is attached to this report.

Legal basis: Section 3.1 point 7) of the Exhibit 3 to the Alternative Trading System Rules "Current and Periodical Information in the Alternative Trading System on the NewConnect Market".
PERSONAL FORM_MMD_Chet Trechock_final.pdf
Data Imię i Nazwisko Stanowisko Podpis
2021-07-27 14:11:38Keisha HarcumController
PERSONAL FORM_MMD_Chet Trechock_final.pdf

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