Effective January 7, 2016, the Board elected Richard L. Taney to serve as a director of the Skyline Medical Inc., filling an existing vacancy on the Board. Mr. Taney, age 59, is the President and Chief Executive Officer of PalliaTech Inc. Prior to joining PalliaTech, Mr. Taney was President and Chief Executive Officer of Delcath Systems Inc. Mr. Taney served as Chairman of the Board of Directors of MGT Capital Investments Inc. Mr. Taney is also the founding member of T2 Capital Management, LLC and a founding partner of Sandpiper Capital Partners.