OAKLAND, N.J., June 3 /PRNewswire-FirstCall/ -- Media Sciences
International, Inc. (Nasdaq: MSII), the leading independent
manufacturer of solid ink and color toner cartridges for office
color printers, today announced the appointment of John Manginelli to the position of Chief
Financial Officer, effective immediately.
(Logo:
http://photos.prnewswire.com/prnh/20020604/NYTU016LOGO )
Mr. Manginelli brings to Media Sciences more than 25 years of
financial leadership experience at manufacturing and distribution
companies, both private and public. Prior to joining Media
Sciences, Mr. Manginelli served as Chief Financial Officer for
Niagara Conservation Corp. a Cedar
Knolls, New Jersey manufacturer and distributor of
water saving and energy efficient products from 2007 to
January 2010. From 1995 to 2007 he
served as Vice President of Finance and Chief Financial Officer of
New Jersey-based Colavita,
USA, a leading importer and
distributor of Italian foods. He is a member of the American
Institute of CPAs and of the New Jersey Society of CPAs.
As Chief Financial Officer, Mr. Manginelli will have
responsibility for the organization's overall financial policies
and all financial functions, including accounting, budgets, credit,
insurance, tax, treasury, audit, Sarbanes-Oxley compliance and SEC
reporting. Mr. Manginelli will lead all due diligence efforts and
play a significant role in acquisition integration activities. Mr.
Manginelli is also responsible for human resources and information
technology functions, as well as all corresponding personnel.
"John's manufacturing experience is a great asset to Media
Sciences. In particular, his recent experience at Niagara
setting up a China-based
manufacturing facility, including all of the related financial
processes, policies and controls, is of unique value to Media
Sciences as we move forward with the integration of Master Ink,"
commented Michael W. Levin, Media
Sciences International's President and CEO.
About the Company:
Media Sciences International, Inc. is the leading independent
manufacturer of new build solid ink and color toner cartridges for
office color printers. As the premium quality color toner and solid
ink alternative to the printer manufacturer's brand, Media
Sciences' 100% newly manufactured color toner and solid ink
products for use in Dell®, Konica Minolta®, OKI®, Ricoh®, Samsung®,
and Xerox® and many other color printers deliver significant
savings when compared to the printer manufacturers brand.
Brand names are used for descriptive purposes only and are the
property of their respective owners.
Forward Looking Statements
This press release contains certain forward-looking
statements about our goals and prospects within the meaning of the
Private Securities Litigation Reform Act. These statements are
based on management's current beliefs and expectations and are
subject to risks and uncertainties. Actual results may differ
materially from those included in these statements due to a variety
of factors, including those factors identified in our Annual Report
on Form 10-K for the year ended June 30,
2009, on file with the Securities and Exchange Commission.
Any forward-looking statements contained in this release speak only
as of the time made and we assume no duty to update them, whether
as a result of new information, unexpected events, future changes,
or otherwise.
For more information on the Company, its products, and its
programs, visit www.mediasciences.com, E-mail
info@mediasciences.com, or call 201.677.9311.
SOURCE Media Sciences International, Inc.
