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CTD Holdings, Inc.: CTD Holdings Adds New Member to the Board of Directors


//health-fitness.news-articles.net/content/2009/ .. s-adds-new-member-to-the-board-of-directors.html
Published in Health and Fitness on Monday, April 6th 2009 at 5:47 GMT, Last Modified on 2009-04-06 05:48:17 by Market Wire   Print publication without navigation


HIGH SPRINGS, FL--(Marketwire - April 6, 2009) - CTD Holdings, Inc. (OTCBB: [ CTDH ]) announced today that the Board of Directors has invited and approved Louis S. Weltman to serve on the Company's Board of Directors.

Mr. Weltman is President of JLW Management Corp., a real estate development and financing company based in Boca Raton. Mr. Weltman, a graduate from the University of Pennsylvania's Wharton School, has established a career in merchant banking, business and real estate development, focusing on corporate strategy, consulting and capital restructuring.

"We are pleased that Mr. Weltman has accepted our invitation to join our Board of Directors. Mr. Fails and I believe that based on Mr. Weltman's background, he complements the current board in its efforts to create the new research park; his expertise in real estate development as well as investment banking is greatly needed," stated Mr. Strattan,CEO/Chairman. "With Mr. Weltman's assistance, we have already identified strategic opportunities for the Company which, we believe, will enhance the visibility of the Company in our core industry, and create additional sources of revenue and profits for the Company."

About CTD Holdings, Inc.

The company is the one-stop shop, business to business facilitator of commercial applications of cyclodextrins. With its branded Trappsol® and Aquaplex® product offerings, CTDH scientists coordinate the development of commercial products for use in the pharmaceuticals, foods, hazardous waste treatment, and cosmetics industries, just to name a few of the industries which endeavor to put non water-soluble ingredients into water-based formulations. CTDH was founded in 1990 as a Florida corporation and became a public company in 1994. Additional information on the Company can be found on the Company's website: [ www.cyclodex.com ]

This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements. CTDH complies with the regulations and time lines mandated by the SEC in the filing of its financial reports; these filings also contain forward-looking statements. The above forward-looking statements are made as of the date above; CTD Holdings, Inc. accepts no specific responsibility for updating such statements.


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