ernova Directors and Management Established for 2007/2008-Dr. George Adams Named Chair; Justin Leushner Becomes CEO

VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 05/03/07 — Sernova Corp. (TSX VENTURE: SVA) is pleased to announce that Sernova Director Dr. George Adams has been appointed Chair of the Board of Directors, effective immediately. Dr. Adams, who is also CEO and a director of Amorfix Life Sciences Ltd. (TSX VENTURE: AMF), replaces long time Chairman Dr. William Cochrane, who asked to step down from the position. Dr. Cochrane will continue to serve as a director and member of board committees.

The Company wishes to thank Dr. Cochrane for his steady and experienced guidance during his 6 year tenure as Chairman of the Board, and expresses its appreciation that Sernova will continue to benefit from his wealth of wisdom and knowledge.

At the same meeting Devinder Randhawa, Chairman and CEO of Strathmore Minerals Corp. (TSX VENTURE: STM) and Pacific Asia China Energy Inc. (TSX VENTURE: PCE) was appointed as Vice-Chair and Justin Leushner assumed the position of President and CEO. Patrick Groening will remain as Corporate Secretary and CFO, and Phil Morehouse as Executive Vice-President.

More : sys-con.com

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