Praxsyn Corporation announced that Maxwell J. Korbin, II has agreed to accept the dual positions of Chief Financial Officer and Chief Compliance Officer as Executive Vice President. He is expected to join Praxsyn effective December 17, 2018. In these roles, Mr. Korbin will lead the Company's finance strategy and oversee the Company's financial operations, including budgeting and planning, treasury, accounting, tax, reporting and investor relation functions.

In his role as Chief Compliance Officer he will assume the responsibility of the Company's SEC, SOX, GLBA, HIPAA, and BSA/AML risk compliance as well as corporate governance. Mr. Korbin will assume the responsibilities from Frank J. Brady, who has maintained that position. This gives Mr. Brady the time to focus on his role as CEO as he continues to build his core management team.