Turning Pennies into dollars: CTD Holdings, Inc. (OTC BB:CTDH.OB)
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Apr 6, 2009 - CTD Holdings, Inc. (OTC BB:CTDH.OB) announcedrecently that the Board of Directors has invited and approvedLouis S. Weltmanto serve on the Company's Board of Directors.
Mr. Weltman is President of JLW Management Corp., a realestate developmentand financing company based in Boca Raton. Mr. Weltman,a graduate from theUniversity of Pennsylvania's Wharton School, has establisheda career inmerchant banking, business and real estate development,focusing oncorporate strategy, consulting and capital restructuring.
"We are pleased that Mr. Weltman has accepted our invitationto join ourBoard of Directors. Mr. Fails and I believe that based onMr. Weltman'sbackground, he complements the current board in its effortsto create thenew research park; his expertise in real estate developmentas well asinvestment banking is greatly needed," stated Mr. Strattan,CEO/Chairman."With Mr. Weltman's assistance, we have already identifiedstrategicopportunities for the Company which, we believe, will enhancethevisibility of the Company in our core industry, and createadditionalsources of revenue and profits for the Company."
About CTD Holdings, Inc.
The company is the one-stop shop, business to business facilitatorofcommercial applications of cyclodextrins. With its brandedTrappsol® andAquaplex® product offerings, CTDH scientists coordinatethe developmentof commercial products for use in the pharmaceuticals, foods,hazardouswaste treatment, and cosmetics industries, just to namea few of theindustries which endeavor to put non water-soluble ingredientsintowater-based formulations. CTDH was founded in 1990 as aFlorida corporationand became a public company in 1994. Additional informationon the Companycan be found on the Company's website: www.cyclodex.com
This news release contains "forward-looking statements"that are madepursuant to the safe harbor provisions of the Private SecuritiesLitigationReform Act of 1995. You are cautioned that such statementsare subject torisks and uncertainties that could cause future circumstances,events orresults to differ materially from those projected in theforward-lookingstatements. CTDH complies with the regulations and timelines mandated bythe SEC in the filing of its financial reports; these filingsalso containforward-looking statements. The above forward-looking statementsare madeas of the date above; CTD Holdings, Inc. accepts no specificresponsibilityfor updating such statements.
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