Wednesday, September 17, 2008

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LEIDEN, NETHERLANDS, Sep 16, 2008 (MARKET WIRE via COMTEX) -- OctoPlus N.V. ('OctoPlus' or the 'Company') (Euronext: OCTO), the drug delivery and development company, announces today that the Board of Supervisory Directors will propose to expand the Executive Board with two new members at the next general meeting of shareholders later this year. The new Board will consist of Chief Executive Officer, Simon Sturge, Joost Holthuis, current CEO and founder, who will take up the new position of Chief Operating Officer, Chief Financial Officer Hans Pauli and Chief Business Officer Gerben Moolhuizen.


'The main purpose of the Technical Advisory Board,' said Ed Kennedy, Rivulet CEO, 'is to provide strategic counsel on emerging trends, strategic planning and on the company's product direction for application development.'




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