Greyson International, Inc. Announces the Untimely Death of Its Chairman and CEO
COCONUT CREEK, Fla., July 29, 2014 /PRNewswire/ – Greyson International Inc. (OTC Pink: GYSN), developer of an innovative, patented topical delivery technology targeting the multi-billion dollar cosmetics and OTC pharmaceutical industries, today announced that Harvey Tauman, the Company’s Chairman and CEO, passed away this morning unexpectedly. Mr. Tauman was 73 years old. He had been hospitalized recently for treatment of respiratory failure.
The Board of Directors issued the following statement: “We are greatly saddened by the passing of Harvey Tauman. The Company’s directors and employees, as well as the many people he worked with over the years, mourn his loss. We extend our sympathies to his family.”
C. Mukesh Prasad, the Company’s Director and Vice-President will preside as Chairman and CEO over the interim period.
Chaudhury Mukesh Prasad, Vice President Mr. Prasad has served as the Vice President of Operations for Greyson International, Inc. since 2003. He is now serving on the Board of Directors of the Company as well as Corporate Secretary and Executive Vice President. Previously employed for 25 years at Hydron Technologies, Inc., Mr. Prasad held the positions of Controller, Vice President, Corp. Secretary, and member of the board as well as other various operational roles.
Mr. Prasad brings significant hands on managerial experience to Greyson International, Inc. He assists the Company with product development, production and launch of various skin care and hair care products. He has extensive experience in business operations, accounting, purchasing, manufacturing, warehousing, fulfillment center, and human resources. Mr. Prasad studied Physics, Chemistry and Math at collage in India and studied accounting, and management in USA. He is also an active member of the Society of Cosmetic Chemist.
About Greyson International, Inc.
Greyson’s primary focus is on its recently patented Trilexon® delivery system that’s taking the multi-billion dollar cosmetics and OTC pharmaceuticals industries by storm. Based on this technology, the company’s patented Trilexon® foundation creates a fine surface that is insoluble in water, keeping it in place even after sweating or contact with water. Ingredients are released continuously over an extended period of time, ensuring that the skin receives treatment at a constant steady pace to give it a healthy and youthful look. In addition to cosmetic applications, Trilexon® may also have benefits in the medical field where it is important to deliver active ingredients. Trilexon® is a registered trademark of Greyson International. The company also holds an investment in Blake Oil and Gas Limited (“Blake”), a privately owned, Guernsey registered, Oil and Gas Company. For more information, visit our website; http://greysonintl.com and join the Greyson International’s Facebook page http://www.facebook.com/GreysonInternationalInc.
This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.
Contact Greyson International Inc. C. Mukesh Prasad, 954-482-0497 Interim Chief Executive Officer