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Eco Quest, Appointment of Key Directors

The Board of Eco Quest Limited (ASX:ECQ) is pleased to announce the appointment of Dr Stewart Washer as Executive Chairman and Dr Ross Macdonald as Managing Director and Chief Executive Officer.

The Board changes are important in the light of the Company's recent announcement of its option to fully acquire US stem cell company Cynata Inc, and its increased focus on this high value field of regenerative medicine.

Both Dr Washer and Dr Macdonald are experienced and successful biotech executives who are ideally placed to help the company commercialise the Cynata stem cell platform.

Mr Howard Digby will transition to a Non-Executive Director role after a period to be determined by the Board.

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