On June 16, 2015, the board of directors of Vasomedical Inc. ratified the appointment of Peter C. Castle, a director of the company since August 2010, to serve as its Chief Operating Officer. Concurrently, Mr. Castle resigned as a member of the Audit and Compensation Committees since he no longer met the independence requirements of these committees. Mr. Castle was the President and Chief Operating Officer of NetWolves, LLC prior to its acquisition by the company.

Mr. Castle has been employed by NetWolves since 1998 and held various positions including Controller, Treasurer and Secretary, Vice President of Finance and Chief Financial Officer. On June 16, 2015, Joshua Markowitz, Esq. was appointed by the board of directors as a director of the company to serve in Class I until the annual meeting of stockholders in 2018.

He was also appointed as Chairman of the Compensation Committee of the Board. Mr. Markowitz has been a practicing attorney in the State of New Jersey for in excess of 30 years and is currently a senior partner in the New Jersey law firm of Markowitz O'Donnell, LLP.