China Northern Medical Device, Inc. announced that on September 10, 2013, in connection with the disposition of the Purchase Shares, Jinzhao Wu resigned from his positions as officer and the sole director of the company. The Board of Directors of the company elected Sotirios Leonaritis as President, Treasurer and a director of the company and Nicolaos Kardaras as Secretary and a director of the company. Mr. Leonaritis has been involved in the public markets for over 25 years in numerous capacities.

In 2004, he was the co-founder of a public bio-tech startup company in Athens, Greece. In 2007 he co-founded a solar energy company also in Greece. For the past two years, Mr. Leonaritis has been working on a project for rehabilitation centers, diabetic foot care and research and development of health care technologies with H.C.I. VioCare Ltd., of which he is currently the sole shareholder.

Mr. Nikolaos Kardaras is member of the Piraeus Bar, having practiced law since 1977 when he graduated from the Law School of Athens, Greece. His current practice encompasses the disciplines of martime, commercial, civil, initiatives and investments law, acquisition and mergers, and internal shipping and commercial transactions.