Orion Nutraceuticals Inc. announced that Mr. Jonathan Fiteni has resigned as Chief Executive Officer and a director of the Company to concentrate on his other business interests. Orion announced that Mr. Joel Dumaresq has agreed to join the Company in the capacities of CEO and a director. Mr. Dumaresq has over 30 years of experience in the capital markets having begun his career with investment banking firm RBC Dominion Securities and has been active in both private and public equity markets in Canada, the US, Europe and South America.

Mr. Dumaresq.