Functional Technologies Announces Management Change

Mr. Morris has more than 12 years of experience in the finance industry including senior roles in corporate finance, capital markets, and restructuring initiatives.

Feb 6 2012 --- Functional Technologies Corp. announced Mr. Christopher Morris has been appointed Acting Chief Executive Officer (CEO). This enables Mr. Howard Louie, who remains as Executive Chairman and assumes the responsibilities of Chief Business Development Officer (CBDO), to focus exclusively on the Company's activities in cultivating and executing on strategic relationships associated with its lead technologies, as well as his ongoing capital market efforts.

Mr. Morris has more than 12 years of experience in the finance industry including senior roles in corporate finance, capital markets, and restructuring initiatives. Mr. Morris has previously held several senior executive roles in both private and public companies. Mr. Morris holds a PhD from Cambridge University.