TNI BioTech, Inc. announced that Mr. Peter Aronstam has been appointed Chief Financial Officer. Mr. Peter Aronstam is replacing Mr. Christopher Pearce, who will take over as the Chief Operating Officer. Mr. Pearce has extensive experience in corporate operations and will be available for assistance during the transition period.

Mr. Peter Aronstam brings more than 30 years of experience in accounting, finance, banking, international trade, and law to TNI BioTech, Inc. Peter has advised and/or served as CFO in both publicly held and privately owned businesses since 1978.