Healthcare >> CEO Interviews >> June 1, 2009

Martin E. Schmieg – Nuvilex Inc. (nvlx)

MARTIN E. SCHMIEG, President and Chief Executive Officer of Nuvilex, Inc., has over 20 years of experience launching and building businesses in the medical device, biotechnology and life sciences industries. As CEO of Freedom-2 Inc., a development stage company pursuing a novel medical device technology injected permanent and biodegradable polymers for cosmetic and medical therapeutic and diagnostic applications he drove all aspects of company development. Prior to Freedom-2, Mr. Schmieg repeatedly transitioned companies with innovative technologies to successful product-based enterprises while increasing valuation through his proven financial management, negotiation skills and aggressive fundraising capabilities. Working with companies such as Sirna Therapeutics, Advanced Bionics and Cytometrics, he raised capital in excess of $55 million for one enterprise, raised the market capitalization of another from zero to $200 million, and was the financial architect of a $4.2 billion sale of a third company to a Fortune 500 company. Mr. Schmieg's executive experience spans operating functions including finance and management to marketing and business strategy. He holds a BS in Business Administration from LaSalle University and is a Guest Lecturer at the MIT Sloan School of Management and at the University of Pennsylvania's School of Engineering, Arts and Sciences. He is a Mentor at the Port of Technology, University City Science Center's business development incubator. He is a CPA in Pennsylvania. Profile
TWST: Would you begin with a brief history of Nuvilex?

Mr. Schmieg: Nuvilex (OTCBB: NVLX) is the combination of two companies,

eFoodSafety.com (OTCBB:EFSF) and Freedom2 Inc., a private