IRVINE, Calif., Aug. 22, 2011 (GLOBE NEWSWIRE) -- Regeneca, Inc. (Pink Sheets:RGNA) today announced that the Board of Directors has terminated Adam Vincent Gilmer as President effective as of August 19, 2011. In order to reduce overhead and increase efficiency, the Board has determined to temporarily consolidate the position of President and CEO, and Matt Nicosia, CEO, will assume the duties of President until the Board deems that a division of duties is necessary.
Dwight Baron, a member of the Company's Board of Directors, commented, "We believe that this action is in the best interests of our shareholders, and provides the company the greatest opportunity for success."
About Regeneca, Inc.
Regeneca, Inc. (Pink Sheets:RGNA) was formed to create and commercialize premium products that help to improve health and fight the signs and symptoms of aging for a complete life of wellness and happiness, including our natural male enhancement product - RegenErect. We do this while drawing our products from the earth in an ethical strategy that will emphasize regrowth, reforestation and recycling. This is our "Whole Earth Whole Body" approach to health. More information can be found about Regeneca, Inc. at www.globenewswire.com/newsroom/ctr%3Fd=219428%26l=4%26a=www.regeneca.com%26u=http%253A%252F%252Fus.lrd.yahoo.com%252FSIG%253D10tr1ran6%252F%252A%252Ahttp%25253A%252Fwww.regeneca.com%252F" target="_top" rel="nofollow">www.regeneca.com.
FORWARD-LOOKING STATEMENTS
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