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Posted On: 02/07/2013 3:11:30 PM

Posted By: MoneyMaker

$IMMB BIG NEWS >> Immunotech Laboratories Appoints New Chief Financial Advisor to Strengthen Company's Growth and International Expansion Plan

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Immunotech Laboratories, Inc. (PL) (USOTC:IMMB)
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Today : Thursday 7 February 2013

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PASADENA, Calif., Feb. 7, 2013 /PRNewswire/ --

Immunotech Laboratories, Inc. (PINKSHEETS : IMMB )

Immunotech Laboratories, Inc., today announced the appointment of Mr. Valentin Dimitrov to the company Board of Directors as Chief Financial Advisor effective immediately.

Mr. Dimitrov (48) has an impressive professional history in the International Pharmaceutical World along with an impressive background in the formation and management of International Corporations, including the founding member and supervisory Board Chairman of the International Orthodox Bank – (present "Investbank" JSC).

Immunotech Director Bo Linton, further commented Mr. Dimitrov has an extensive knowledge of the Immunotech "IPF" patented technology and has worked alongside the company for several years, assisting with International awareness and potential Clinical Trial progression for the company's Immunotherapy Treatments.Immunotech President Harry Zhabilov commented, "We are very pleased to announce the appointment of Valentin to the Board of Directors and feel he will be a valuable member of our team, and significantly help accelerate the progression of the company towards FDA approval for the 'IPF' technology."

The appointment of Mr. Dimitrov to Immunotech's Board of Directors helps with the potential goal of upgrading the company to the NASDAQ exchange, where a minimum of 5 Board Members are required.

About Valentin Lordanov Dimitrov

EDUCATION:
Kliment Ohridski University	Master's degree - Social Pedagogics

Kiev State University, Ukraine	Bachelor of International Diplomatic Relations

SPECIALIZATIONS:
1995:	University of National and World Economy – Sofia - Finances

1999:	Chemical-technological University - Sofia - Organic chemistry

LANGUAGES:	English - Fluent , Russian - fluent , German – spoken

PROFESSIONAL BACKGROUND:
2007-Current:	"Vital-Fe" LTD – Distribution of bio-technology and pharmaceutical products – Director

2003-Present	"Bulgarian Association of Chemical and Fertilizer Industry" – Chairman

2002-2003	"Chimco Vienna" GmbH – Distributor of chemical and pharmaceutical products – Director

1999-2002	"CHIMCO" JSC, Vratza - Chemical production plant - Chairman of the Board of Directors

1992-1998	"Prima Gas" JSC – supply of natural gas – Director

1995-1996	"International Orthodox Bank" – (present "Investbank" JSC), Founder and member of the Supervisory Board

1994-1995	"Private Agricultural and Investment Bank" – Member of the Supervisory Board

1990-1991	"Pharmachem" JSC – pharmaceutical and chemical industry – Director of Department