CytoSorbents Appoints Ronald Berger as Interim Chief Financial Officer

    CytoSorbents Appoints Ronald Berger as Interim Chief Financial Officer

PR Newswire


MONMOUTH JUNCTION, N.J., Feb. 8, 2013 /PRNewswire/ -- CytoSorbents Corporation
(OTCBB: CTSO), a critical care focused company using blood purification to
treat life-threatening illnesses, today announced the appointment of Mr.
Ronald Berger as Interim Chief Financial Officer. Mr. Berger replaces Mr.
Thomas Bocchino, Chief Financial Officer, who has had to reduce the number of
hours he can commit to the Company due to personal reasons, but will continue
to assist the Company in a part-time capacity, as a permanent solution is
sought. The change takes effect immediately.

Thomas Bocchino stated, "This is an exciting time for CytoSorbents and I am
glad to have the ability to continue to work with the Company on a part-time

Dr. Phillip Chan, Chief Executive Officer of CytoSorbents, commented, "Ron and
Tom have worked closely together for the past several months and make a good
team. Ron has done an outstanding job as Interim CFO in the past, and we
expect a smooth transition and continuation of the work we have set in place.
We have the best wishes for Tom and look forward to continuing to work with
him as we put the pieces together for our success."

Over more than 30 years, Mr. Berger has performed many roles in accounting and
finance, including serving as Vice President of Finance and Administration of
Quick Chek Corporation and Controller of Singer Supermarkets, a member of
ShopRite Supermarkets. He is a certified public accountant experienced in
treasury, finance and taxes. Mr. Berger has been Controller for the Company
over the past nine years, previously served as Interim CFO, and has extensive
experience in the public administration of the Company.

About CytoSorbents Corporation
CytoSorbents Corporation is a critical care focused therapeutic device company
using blood purification to treat life-threatening illnesses commonly seen in
the intensive care unit such as sepsis and infection, influenza, severe lung
injury, trauma, burn injury, and pancreatitis. Its purification technology is
based upon biocompatible, highly porous polymer beads that can efficiently
remove toxic substances from blood and other bodily fluids. The Company's
flagship product CytoSorb^®, a first-in-class extracorporeal cytokine filter
compatible with standard hemodialysis machines, has achieved European Union CE
Mark regulatory approval and is now being commercialized in Europe. The goal
of the CytoSorb^® cytokine filter is to prevent or treat multiple organ
failure, the leading cause of death in the intensive care unit, by reducing
the excessive production of cytokines, or "cytokine storm", that could
otherwise lead to deadly inflammation, organ injury, and death. Organ failure
represents one of the most serious unmet medical needs in modern medicine,
claiming millions of lives around the world, at a cost of hundreds of billions
of dollars, each year. By actively addressing one of the most important
underlying causes of organ failure, CytoSorb^® represents a potentially
revolutionary advance in the treatment of critical illnesses.

CytoSorbents has been awarded contracts from both DARPA and the US Army, and
continues to invest significantly in its research and development pipeline.
One of its most advanced products under development is HemoDefend, a blood
purification technology platform for the blood transfusion industry intended
to reduce transfusion reactions and improve the safety of "old" blood by
removing many substances, such as antibodies, free hemoglobin and inflammatory
mediators that can cause potentially serious and sometimes fatal transfusion
CytoSorb^® and HemoDefend are just two of a number of different polymers the
Company has developed for various medical applications, including improved
dialysis, reduction of post-surgical complications in cardiac surgery,
treatment of inflammatory and autoimmune disorders, radio-imaging contrast
removal in imaging and interventional radiology procedures, and the treatment
of rhabdomyolysis, drug overdose, and others. Additional information is
available for download on the Company's website:

Forward-Looking Statements
This press release includes forward-looking statements intended to qualify for
the safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements in this press
release are not promises or guarantees and are subject to risks and
uncertainties that could cause our actual results to differ materially from
those anticipated. These statements are based on management's current
expectations and assumptions and are naturally subject to uncertainty and
changes in circumstances. We caution you not to place undue reliance upon any
such forward-looking statements. Actual results may differ materially from
those expressed or implied by the statements herein. CytoSorbents Corporation
and CytoSorbents, Inc believe that its primary risk factors include, but are
not limited to: obtaining government approvals including required FDA and
additional CE Mark approvals; ability to successfully develop commercial
operations; dependence on key personnel; acceptance of the Company's medical
devices in the marketplace; the outcome of potential litigation; compliance
with governmental regulations; reliance on research and testing facilities of
various universities and institutions; the ability to obtain adequate and
timely financing in the future when needed; product liability risks; limited
manufacturing experience; limited marketing, sales and distribution
experience; market acceptance of the Company's products; competition;
unexpected changes in technologies and technological advances; and other
factors detailed in the Company's Form 10-K filed with the SEC on March 31,
2012, which is available at

Company Contact:
CytoSorbents Corporation
Dr. Phillip Chan
Chief Executive Officer
(732) 329-8885 ext. *823

Investor Contact:
Alliance Advisors, LLC
Alan Sheinwald
(914) 669-0222

Valter Pinto
(914) 669-0222 x201

SOURCE CytoSorbents Corporation

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