Osprey Medical, Inc. announced the appointment of Steven Brandt to the Board of Directors during the period. Steven brings over 35 years of healthcare experience, including 10 years as acting Vice President for Thoratec Corporation where he oversaw a rapid expansion of global revenues from $104 million to $500 million. Steven's wealth of experience is a welcome addition to the Company where his insight and expertise will be used to further advance Osprey's expansion strategy. Subsequent to the half year, the company also announced the appointment of Martin Emerson to the Board of Directors. With over 35 years of experience in the healthcare field and a track record of successes in market development, geographic expansion and existing market growth, Mr. Emerson is a welcome addition to the Osprey board. Mr. Emerson's extensive experience in healthcare include CEO positions in companies such as American Medical Systems, Galil Medical and his current position as the President and CEO of Monteris Medical.