Broomfield, CO – August 10, 2004 – Univera, Inc., the holding company for its U.S. operations, including Unigen Pharmaceuticals, Inc., Aloecorp and Oasis Wellness Network, has named Derek Hall, formerly Chief Operating Officer, to the position of Vice Chairman and Chief Executive Officer effective August 1. This corporate restructuring is in line with the long-awaited relocation of the Univera family of companies to Lacey, Washington in September—positioning Univera to more fully provide governance and shared services to its U.S. companies. Hall remains President and Chief Executive Officer of Unigen Pharmaceuticals.
“Derek joined us almost three years ago and has utilized his extensive experience and leadership to bring structure, direction and profitability to Unigen Pharmaceuticals as its Chief Executive Officer,” said B. (Bill) William Lee, Univera’s Chairman of the Board. “I have challenged him to extend these same leadership skills to the entire Univera U.S. operation.” Lee added that the relocation will provide an opportunity to realign Univera’s U.S. companies into a more integrated group, taking advantage of the many talents found within these organizations.
As part of the reorganization, Unigen, Aloecorp and Oasis services such as accounting, cash management, travel coordination, communications, legal counsel and human resources will be consolidated at the holding company level and be made available to all companies on an as-needed basis. Further changes will continue to occur as Univera streamlines its holding company activities and expands the shared-services strategy.
H.Y. Sung will continue his role as President and Chief Financial Officer of Univera, reporting to Hall. Stuart Ochiltree of Oasis Wellness Network and John Rhees of Aloecorp will both report to Hall as Chief Executive Officers of their respective companies. Also reporting to Hall are Sharon Pflughoeft, Univera’s Corporate Secretary and Nickie Storms, Human Resources Manager.
Hall has held executive-level positions in the health care and pharmaceutical industries for nearly four decades, including such companies as Nature’s Way, Botanicals International, Alpine Health Industries (now Metabolife), Enzymatic Therapy, Inc., Integrative Therapeutics and McKesson Drug Company.
In addition to his role at Univera, Hall presently serves as director on the Boards of Primus Pharmaceuticals, Inc., Kelatron Corporation, and BioRight International. Derek is a native of England, now a U.S. citizen residing in Olympia, Washington.
# # #
About the Univera Companies
Unigen Pharmaceuticals, Inc. (www.unigenpharma.com), is a leading natural products research and development company and proprietary ingredients supplier. The company is dedicated to the discovery of botanically derived therapeutic compounds that address consumer health needs and help improve the quality of human life. Its research and discovery process includes extensive work at both the human cell and gene level. Unigen and sister company Aloecorp each focus on identifying and studying the unique ingredients of medicinal botanicals (Aloecorp’s focus is on Aloe vera) and then formulating proprietary raw materials for use in cosmeceutical, nutraceutical and pharmaceutical products.
Aloecorp (www.aloecorp.com) is a multinational company providing research-proven, bioactive Aloe vera ingredients to world markets. Aloecorp’s corporate philosophy is to “bring the best of nature to mankind,” and does so with its bioactive, standardized Aloe vera that guarantees 10% polysaccharides by weight, and is clinically proven to enhance the activity of Native Aloe gel. Since its inception in 1988, Aloecorp has been the world’s leading vertically integrated supplier of raw Aloe vera materials. All of Aloecorp’s raw Aloe vera materials have been scientifically tested for biological activity, certified pure by the International Aloe Science Council, and clinically supported in published, peer-reviewed studies. Aloecorp provides raw Aloe vera materials to finished goods manufacturers in the nutritional and dietary supplement, functional food, cosmeceutical, personal care and pharmaceutical industries.
Oasis Wellness Network (www.oasisnetwork.com), the world’s leading healthy aging company, is committed to helping people feel better at any age. Committed to the betterment of mankind, Oasis is dedicated to carrying out scientific research and development of innovative and natural products that promote quality of life. Oasis is the only natural products company—perhaps in the world—with full-scale genomic, proteomic and biological research capabilities that produce a unique, efficacious line of healthy aging products. Years ahead of the competition in unmatched and advanced research, technology and manufacturing capabilities, Oasis delivers what no other company can with proprietary and exclusive products such as Ageless™, AgelessXtra™, RegeniCARE™, MetaBerry™, MetaGreens™, Aloe Gold™, Longevity Signal Formula™, Inthinity™ and RegeniPET™. Oasis…Feel Younger Longer!