Scientific Industries, Inc. Announces Appointment of Michael Blechman to the Board of Directors
April 16, 2024 at 09:00 am EDT
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Scientific Industries, Inc. announced the appointment of Michael Blechman to the Board of Directors of SI effective April 12, 2024. Mr. Blechman filled a Board vacancy and replaces Mr. Marcus Frampton, who recently resigned, as a Class B director. Michael Blechman brings over three decades of experience in sales, marketing, operations and strategic planning.
As CEO of Automated Control Concepts, Inc. ("ACC") he led the organization through 20 years of profitable operations and positive shareholder returns, culminating in a successful transaction with a private equity investor. While at ACC, Michael spearheaded their entry into the biotech product space with the introduction of the highly effective Lab Owl bioreactor control and information system.
Scientific Industries, Inc. designs, manufactures, and markets standard benchtop laboratory equipment and bioprocessing systems and products (Bioprocessing Systems). The Company operates through two segments: the manufacture and marketing of standard Benchtop Laboratory Equipment, which includes various types of equipment used for research and sample preparation in university, pharmacy and industrial laboratories sold primarily through laboratory equipment distributors and online, and weight and measurement products, including pill counters and digital scales, and the design, development, manufacture and marketing of bioprocessing products, principally products incorporating smart sensors and software analytics, sold primarily on a direct basis through the Companyâs internal sales force. Its Benchtop Laboratory Equipment products consist of mixers and shakers, rotators/rockers, refrigerated and shaking incubators, and magnetic stirrers sold through the Genie division.