The board of directors of American Scientific Resources, Inc. appointed Austin Kazinetz to serve as a member of the Board until the next annual stockholders' meeting. Mr. Kazinetz, 55, has served as the Chief Executive Officer of Mortgage Superstore, Inc. since November 2002, as the Chief Executive Officer of Bankers Title Company since June 1991, as the Chief Executive Officer of Group Service Organization since 2005 and as a real estate sales person for Harvard Realty and Investments since 1994.