Cryo-Save Group N.V. announced that Johan Goossens has been granted the title of Chairman of the Board of Directors, following the appointment of Marc Waeterschoot as Chief Executive in July.

Cryo-Save Group N.V., Special/Extraordinary Shareholders Meeting, Oct 05, 2009, at 13:00 CET-Central European. Location: IJsselpaviljoen, IJsselkade 1, 7201 HA Zutphen, Netherlands. Agenda: To consider Euronext Amsterdam listing and a proposed 5:1 share consolidation and redenomination.

Cryo-Save Group N.V. said that the company had various funding methods and is looking for acquisitions. The company also reported a 17% rise in its underlying first-half pretax profit. “The company wants to expand into Russia, Turkey and South America through acquisitions, partnerships or an expansion of its own operations,” Chief Financial Officer of Cryo-Save, Arnoud van Tulder said. “Acquisitions remain on our list. We are always looking,” Van Tulder said. The company said that it would finance the acquisition through its own funds, loans or via a share issue. The company said earlier this month it planned to list on Euronext Amsterdam in the fourth quarter. Cryo-Save reported underlying profit before tax of €2.1 million up 17% from €1.8 million in the same period last year.