The Board of Lifetech Scientific Corporation announced that with effect from January 30, 2013, Mr. Geoffrey S. Martha and Dr. John R. Liddicoat have been appointed as non-executive directors of the company pursuant to the terms of the Investment Agreement. Mr. Martha has over 20 years of experience in the medical device industry, and is currently the Senior Vice President of Strategy and Business Development at Medtronic. Prior to joining Medtronic, Mr. Martha worked at GE Healthcare.

Mr. Martha has not previously held any position with the company or any of its subsidiaries. Dr. Liddicoat, was a cardiothoracic surgeon who, prior to joining the medical device industry, most recently practiced at the Beth Israel Deaconess Medical Center in Boston where he also held an appointment as Assistant Professor of Surgery at Harvard Medical School. Dr. Liddicoat is currently Senior Vice President and President of Medtronic's Structural Heart business.

Prior to joining Medtronic, Dr. Liddicoat founded two medical device companies, and served as a consultant to several venture capital firms and medical device companies.