Full Press Release Details
| Company Contact: | Investor Relations Contact: |
| Senesco Technologies, Inc. | FD |
| Jack Van Hulst | Brian Ritchie |
| President and Chief Executive Officer | (brian.ritchie@fd.com) |
| (jvanhulst@senesco.com) | (212) 850-5600 |
| (732) 296-8400 |
TECHNOLOGIES, INC. ANNOUNCES MANAGEMENT CHANGE
BRUNSWICK, N.J. - February 4, 2010 -- Senesco Technologies, Inc. ("Senesco" or
the "Company") (NYSE Amex: SNT), today announced that, on February 1, 2010,
Sascha P. Fedyszyn resigned from his position as the Company's Vice President of
Corporate Development and Secretary to pursue other interests. The
Company's current President and Chief Executive Officer, Jack Van Hulst, will
assume Mr. Fedyszyn's responsibilities and serve as the Company's
details regarding the foregoing are disclosed on the Company's Form 8-K filed
Senesco Technologies, Inc.
Technologies, Inc. is a U.S. biotechnology company, headquartered in New
Brunswick, NJ. Senesco has initiated preclinical research to trigger
or delay cell death in mammals (apoptosis) to determine if the technology is
applicable in human medicine. Accelerating apoptosis may have applications
to development of cancer treatments. Delaying apoptosis may have
applications to certain inflammatory and ischemic diseases. Senesco takes
its name from the scientific term for the aging of plant cells:
senescence. Delaying cell breakdown in plants extends freshness after
harvesting, while increasing crop yields, plant size and resistance to
environmental stress. The Company believes that its technology can be used
to develop superior strains of crops without any modification other than
delaying natural plant senescence. Senesco has partnered with leading-edge
companies engaged in agricultural biotechnology and earns research and
development fees for applying its gene-regulating platform technology to enhance
its partners' products.
statements included in this press release are forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. Actual
results could differ materially from such statements expressed or implied herein
as a result of a variety of factors, including, but not limited to: the ability
to successfully transition to new management; the ability of the Company to
consummate additional financings; the development of the Company's gene
technology; the approval of the Company's patent applications; the successful
implementation of the Company's research and development programs and joint
ventures; the success of the Company's license agreements; the acceptance by the
market of the Company's products; success of the Company's preliminary studies
and preclinical research; competition and the timing of projects and trends in
future operating performance, as well as other factors expressed from time to
time in the Company's periodic filings with the Securities and Exchange
Commission (the "SEC"). As a result, this press release should be read in
conjunction with the Company's periodic filings with the SEC. The
forward-looking statements contained herein are made only as of the date of this
press release, and the Company undertakes no obligation to publicly update such
forward-looking statements to reflect subsequent events or