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Zomedica Appoints Adrian Lock to Lead Sales Organization

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Zomedica Corp. (NYSE American: ZOM) announces Adrian Lock as the new leader of its sales organization. Lock, previously the CEO of PulseVet, brings a decade of experience in veterinary sales, particularly in equine sports medicine. He aims to enhance Zomedica's sales team while focusing on the growth of the Truforma in-clinic biosensor platform and PulseVet shock wave therapy. CEO Larry Heaton supports this move, highlighting Lock's track record in building sales in the equine market and the potential for expansion into the small animal market.

Positive
  • Adrian Lock's leadership is expected to strengthen Zomedica's sales organization.
  • Lock's experience with PulseVet may facilitate successful integration and expansion of shock wave therapy into the small animal market.
Negative
  • Concerns may arise about the transition in leadership and its impact on existing sales strategies.

ANN ARBOR, MI / ACCESSWIRE / February 15, 2022 / Zomedica Corp. (NYSE American:ZOM) ("Zomedica" or the "Company"), a veterinary health company offering diagnostic and therapeutic products for companion animals, today announced that Adrian Lock, Vice President and General Manager, will lead the Company's sales organization, including Zomedica field sales personnel, sales management and professional service veterinarians, as well as existing PulseVet sales personnel.

As the founding Chief Executive Officer of PulseVet, Mr. Lock led the company and personally directed all sales activities over the past decade as it established PulseVet shock wave therapy as a standard of care in equine sports medicine.

"I am very excited to lead and continue to build a world class veterinary sales organization in support of the growth of the Truforma in-clinic biosensor platform, PulseVet shock wave therapy, and other exceptional technologies that Zomedica may add in the animal health market," commented Mr. Lock.

Larry Heaton, Chief Executive Officer of Zomedica, remarked, "Adrian has been doing an outstanding job of building PulseVet sales in the equine market, and is a natural fit for him to lead the growing sales team as we launch shock wave therapy into the much larger, small animal market and continue to commercialize our TRUFORMA® platform."

About Zomedica

Based in Ann Arbor, Michigan, Zomedica (NYSE American:ZOM) is a veterinary health company offering diagnostic and therapeutic products for companion animals by focusing on the unmet needs of clinical veterinarians. Zomedica's product portfolio of innovative diagnostics and medical devices are designed to improve both patient and practice health. Zomedica's mission is to provide veterinarians the opportunity to increase productivity and grow revenue while better serving the animals in their care. For more information, visit www.ZOMEDICA.com.

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Reader Advisory

Except for statements of historical fact, this news release contains certain forward-looking statements or forward-looking information (collectively, "forward-looking information" within the meaning of applicable securities law). Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include statements relating to our expectations regarding future results. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results, performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information.

Forward-looking information is based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Some of the risks and other factors that could cause the results to differ materially from those expressed in the forward-looking information include, but are not limited to: uncertainty as to whether our strategies and business plans will yield the expected benefits; uncertainty as to the timing and results of development work and verification and validation studies; uncertainty as to the timing and results of commercialization efforts, as well as the cost of commercialization efforts, including the cost to develop an internal sales force and manage our growth; uncertainty as to our ability to successfully integrate and operate the Pulse Vet business; uncertainty as to our ability to supply equipment and assays in response to customer demand; uncertainty regarding the cost, adequacy and availability of supplies required for our operations; uncertainty as to the likelihood and timing of any required regulatory approvals; the availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; veterinary acceptance of our products; competition from related products; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology and changes in laws and regulations; our ability to secure and maintain strategic relationships; performance by our strategic partners of their obligations under our commercial agreements, including product manufacturing obligations; risks pertaining to permits and licensing; intellectual property infringement risks; risks relating to any required clinical trials and regulatory approvals; risks relating to the safety and efficacy of our products; the use of our products; intellectual property protection; risks related to the COVID-19 pandemic and its impact upon our business operations generally, including our ability to develop and commercialize our products; and the other risk factors disclosed in our filings with the SEC and under our profile on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive.

The forward-looking information contained in this news release is expressly qualified by this cautionary statement. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking information.

Investor Relations Contacts

PCG Advisory Group
Kirin Smith, President
ksmith@pcgadvisory.com
+1.646.823.8656

SOURCE: Zomedica Corp.



View source version on accesswire.com:
https://www.accesswire.com/688701/Zomedica-Appoints-Adrian-Lock-to-Lead-Sales-Organization

FAQ

Who is Adrian Lock and what is his role at Zomedica?

Adrian Lock is the newly appointed leader of Zomedica's sales organization, previously serving as the CEO of PulseVet.

What products will Adrian Lock focus on at Zomedica?

Lock will focus on the Truforma in-clinic biosensor platform and PulseVet shock wave therapy.

How might Adrian Lock's experience impact Zomedica's sales?

His extensive experience in veterinary sales, especially with PulseVet, is expected to enhance Zomedica's sales efforts in both equine and small animal markets.

What support has Adrian Lock received from Zomedica's leadership?

Zomedica's CEO, Larry Heaton, expressed strong support for Lock's appointment, citing his success in building sales in the equine market.

What challenges could Zomedica face with the new sales leadership?

There may be concerns regarding continuity and the effectiveness of strategies during the transition to new leadership.

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