March 5, 2024

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NeuroOne Clinical Technologies Corporation Appoints Ronald McClurg, Experienced Economical Marketplace Govt, as Main Money Officer

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EDEN PRAIRIE, Minn., Jan. 7, 2021 /PRNewswire/ — NeuroOne Medical Systems Company (OTCQB: NMTC NeuroOne), a healthcare technological know-how business concentrated on strengthening surgical care options and results for clients suffering from neurological problems, announces these days the appointment of Ronald McClurg, an seasoned senior economic field govt, as Chief Economic Officer of NeuroOne Health care Technologies Corporation. Mr. McClurg has about 30 years of monetary leadership experience with both equally public and privately held businesses. He has held the position of CFO for a amount of general public corporations like Orthomet, Inc., Video Sentry Corporation, and Insignia Devices, Inc. He also held the function of CFO at Incisive Surgical, a privately held medical product business. He commenced his job in general public accounting with Ernst and Youthful, where he earned his CPA certificate.

Dave Rosa, President and CEO of NeuroOne, claims, “Above the past quarter the Corporation has designed fantastic development in achieving critical milestones and making our infrastructure. With our foreseeable future target to uplist to a major nationwide securities exchange, it grew to become essential to increase a seasoned senior economical government this kind of as Ron. His broad knowledge with both of those community and personal providers as properly as his familiarity with clinical product corporations make him an perfect in good shape for the position of CFO at NeuroOne. We are very fortuitous to have him as element of the NeuroOne relatives and seem ahead to doing work with him.”

Mr. McClurg states, “I’m thrilled to sign up for the NeuroOne staff for the reason that I feel in the Firm’s expansion method to boost results for individuals suffering from neurological disorders and greatly enhance shareholder benefit. I really feel that my abilities and practical experience will enhance people of the rest of the NeuroOne leadership crew.”

NeuroOne received Fda clearance for its Evo™ cortical electrode engineering in November 2019. It strategies to submit a next 510(k) software for its sEEG electrode know-how in the very first half of 2021 to bolster its item portfolio for use in recording, checking and stimulating mind tissue for up to 30 times. In addition, the Business continues building therapeutic electrodes for use in Parkinson’s Disorder, epilepsy and again discomfort thanks to failed again surgical procedures.

In partnership with Mayo Clinic, Wisconsin Alumni Exploration Foundation (WARF) and other notable educational health care facilities, the Firm commenced establishing its cortical electrode technologies in 2015. The Organization initially focused its attempts on the epilepsy and intraoperative tumor checking marketplaces. NeuroOne intends to continue on to create the technologies for use in therapeutic programs for Parkinson’s condition, epilepsy and ache administration due to failed back surgical procedures techniques.

In July 2020, NeuroOne executed a distribution and enhancement arrangement with Zimmer Biomet that offers exceptional rights to distribute NeuroOne’s recent Evo cortical electrodes and its sEEG electrode merchandise line when it has gained Fda clearance.

About NeuroOne
NeuroOne Healthcare Technologies Corporation is a developmental phase enterprise dedicated to delivering minimally invasive and hello-definition options for EEG recording, mind stimulation and ablation answers for clients struggling from epilepsy, Parkinson’s disorder, dystonia, vital tremors, continual agony due to unsuccessful back surgeries and other relevant neurological diseases that may possibly make improvements to affected individual results and lower procedural expenses. For more facts, go to https://www.n1mtc.com.

Ahead Hunting Statements
This press launch consists of forward-on the lookout statements inside of the meaning of Portion 27A of the Securities Act of 1933, as amended, and Segment 21E of the Securities Exchange Act of 1934, as amended. Except for statements of historical reality, any data contained in this presentation may possibly be a forward–looking statement that reflects NeuroOne’s present-day sights about foreseeable future occasions and are issue to known and not known dangers, uncertainties and other things that could bring about our real outcomes, ranges of action, functionality or achievements to be materially distinct from the information and facts expressed or implied by these ahead-wanting statements. In some cases, you can determine forward–looking statements by the words “could,” “could,” “will,” “could,” “would,” “must,” “count on,” “intend,” “plan,” “goal,” “anticipate,” “imagine,” “estimate,” “predict,” “project,” “potential,” “concentrate on,” “find,” “contemplate,” “continue on” and “ongoing,” or the destructive of these terms, or other comparable terminology meant to determine statements about the foreseeable future. Forward–looking statements could include statements about the timing and extent of solution launch and commercialization of the technology, enterprise tactic, sector dimension, possible expansion chances, programs for products apps and product or service enhancement, future operations, upcoming efficiencies, and other economical and operating facts. Despite the fact that NeuroOne believes that we have a fair foundation for each forward-on the lookout statement, we caution you that these statements are based mostly on a mix of information and components at the moment identified by us and our anticipations of the future, about which we cannot be sure. Our genuine upcoming final results may possibly be materially diverse from what we assume thanks to things mainly exterior our manage, like challenges that the Organization may not be in a position to successfully uplist to a countrywide securities exchange hazards that the partnership with Zimmer Biomet may perhaps not aid the commercialization or current market acceptance of our technology hazards that our sEEG electrodes could not be all set for commercialization in a timely manner or at all dangers that our technological innovation will not perform as predicted based on success of our pre-clinical and medical trials, our capacity to increase supplemental cash, uncertainties inherent in the growth method of our technological know-how, improvements in regulatory prerequisites or decisions of regulatory authorities, the sizing and progress likely of the marketplaces for our engineering, scientific demo individual enrollment, the effects of clinical trials, our means to safeguard our mental house legal rights and other challenges, uncertainties and assumptions, which include those explained beneath the heading “Danger Factors” in our filings with the Securities and Trade Commission. These forward–looking statements discuss only as of the day of this press release and NeuroOne undertakes no obligation to revise or update any forward–looking statements for any purpose, even if new facts will become out there in the upcoming.

“Caution: Federal law restricts this unit to sale by or on the order of a health practitioner”

Source NeuroOne Healthcare Systems Corporation

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