Positron Corporation announced the appointment of Joseph G. Oliverio as its President. Mr. Oliverio will direct the Company's cardiac PET mission and oversee Positron's PET technology, radiopharmaceutical partnerships, clinical and technical applications for new customer sales and exiting users. Joseph Oliverio has been a member of Positron's Board of Directors since 2006 and has served as its President, Chief Technical Officer and Executive Director of PET during that time.

Mr. Oliverio has been instrumental in guiding the development and introduction of Positron's cardiac PET technology and has provided the vision of its molecular imaging strategy since joining the Company. Mr. Oliverio was a pioneer as Chief Operating Officer for the first freestanding heart disease reversal and prevention clinic guided by PET, and the first community based hospital offering cardiac PET in the emergency room setting, combined with an innovative heart disease reversal program.