Effective January 15, 2014, Al Smith, a member of the Board of Directors of IsoRay, Inc., resigned from Board service and all committees of the Board. Also effective January 15, 2014, the Board appointed Philip J. Vitale, M.D. to fill the vacancy on the Board resulting from Mr. Smith's resignation. Dr. Vitale will stand for re-election at the company's fiscal 2014 annual meeting on March 5, 2014.

Dr. Vitale was appointed to serve on the Audit Committee and the Nominations and Corporate Governance Committee and to chair the Compensation Committee. Dr. Vitale, has been the staff urologist at Albuquerque VA Medical Center since 2005, serving as Chief of the Urology section from 2008 to present. Dr. Vitale is also an Assistant Professor at the University of New Mexico, Division of Urology.

He is a member of the American Urological Association and the South Central Section of the American Urological Association.