Bourque Industries, Inc. announced a restructuring and expansion of its Board of Directors and appointment of a new interim Chief Executive Officer. The Board of Directors was expanded from three to five seats, and an invitation to join the Board was extended to Matt Schissler and to Brent Willis. Mr. Schissler has already accepted the invitation, and the Board believes it likely that Mr. Willis will also accept.

Sean Floyd was elevated to Chief Executive Officer, and John Bourque, the Founder of the Company and the inventor of its technology, was reposition as Chief Scientist. Matthew L. Schissler was the founder and served as Chairman of the Board and Chief Executive Officer of Cord Blood American, Inc. Brent Willis is a decorated former Military Officer and successful business leader. Sean Floyd has been elected Interim Chief Executive Officer of the Company.

Mr. Floyd has been serving as Executive Vice President for Bourque Industries, Inc. since January of last year.