COLUMBIA, MD, Oct. 3, 2016 /CNW/ - Medifocus, Inc. (OTCQX:MDFZF
and TSXV:MFS.V) ("Medifocus" or the "Company"), a biotechnology company with a portfolio of medical products encompassing
thermotherapy systems for the treatment of Benign Prostatic Hyperplasia (BPH) and Breast Cancer, today announced the appointment of
William Jow, M.D. to the position of Chief Executive Officer, effective October 1, 2016, replacing Augustine Y. Cheung, Ph.D., the founder of the
Company.
"We thank Dr. Cheung for his service at Medifocus and wish Dr. Cheung the best in the next phase of his career." said Mr.
Grant Walsh, Chairman of the Board of Directors. "Dr. Jow has served Medifocus as Medical Director
since 2014 and provided invaluable advisory services to Medifocus. He was appointed President of the Company in March 2016 and has successfully reduced operating expenses and improved gross margin. He has demonstrated his
leadership and vision in moving the Prolieve® business to a more sustainable path in the last six months. His knowledge
in urology and the urology market in the U.S. will benefit Medifocus in many ways. As a result, we saw marked improvements in
operation efficiency and financial results for the quarter ended June 30, 2016."
Dr. William Jow, the new Chief Executive Officer of Medifocus, commented, "As a practicing
urologist who has been using Prolieve® and other minimally invasive procedures to treat patients with BPH symptoms, I
can say with confidence that Prolieve® therapy is the best alternative to BPH medications, surgeries and other
thermal/RF/laser vaporization procedures for a vast majority of BPH patients. Prolieve® Thermodilatation is the
only TUMT system equipped with a dilating balloon that compresses the prostatic urethra during treatment. Such tissue
compression allows effective thermotherapy to be delivered at a lower microwave energy which translates into better patient comfort
and safer operation. Thermodilatation also assures a patent post-treatment prostatic urethra that contributes to a much lower
post-treatment catheterization rate. More importantly, all Prolieve® consoles are equipped with an automatic
shut-off safety mechanism which keeps the rectal temperature below 41 to 42 degrees Celsius as demonstrated in our thermal mapping
studies. All these unique features render Prolieve® a safe, effective and well-tolerated outpatient procedure as
confirmed in our recent 10-year Post Market Follow-up Study. To date, over 100,000 Prolieve® cases have been
performed in the U.S."
Dr. Jow added, "Thanks to our corporate restructuring efforts over the past six months, Medifocus has emerged as a much stronger
company poised for future growth. Our team has expanded to include V.P. of Operations Stuart E.
Katz, M.D., urologist, IT/Marketing Specialist Warren Sekino and other medical expert
consultants. Together, we are proud to provide this state-of-the-art, safe and effective treatment to many more BPH patients
in the U.S. and beyond."
William W. Jow, M.D. received his M.D. degree from New York
University in 1986. Following his surgical and urological residencies at Mount Sinai Medical Center and University of
Buffalo, and fellowship training at Weill Cornell Medical College, he had served as Assistant Professor at Rutgers Robert Wood
Johnson Medical School in New Jersey. Dr. Jow has been in private practice for over 20 years, and has been Chairman of
Urology at Hackensack Meridian Health - Bayshore Hospital in Holmdel, New Jersey, and served on
its Medical Executive Committee since 2012. He has also served as consultants to various sales and product development
ventures before joining Medifocus as Scientific & Business Development Consultant and Medical Director in 2014.
About Medifocus, Inc.:
Medifocus, Inc. (TSXV-MFS, OTC-MDFZF) is a biotechnology company with a portfolio of medical technologies that utilize heat
activation to treat conditions ranging from prostate diseases to breast cancer. Heat is known to accelerate numerous
biochemical and cellular processes, and Medifocus' portfolio relies on this fact to improve clinical outcome. Its
Prolieve® Thermodilatation System offers relief from Benign Prostatic Hyperplasia (BPH) to millions of men with a
simple, 45-minute in-office treatment. Its APA-1000™ Breast Cancer Thermotherapy System is currently in phase 3 clinical trials,
and is designed to treat localized and locally advanced breast cancers through the application of heat alone or in combination with
chemotherapy.
For more details, please visit:
www.medifocusinc.com
www.prolieve.com
www.facebook.com/pages/Medifocus-Inc-Company-Page/546315028715627
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Medifocus Inc.
