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Mel Bridges has over 30 years’ experience in the diagnostic and healthcare industries. During this period, Mel has founded and managed successful diagnostics, therapeutics and medical device businesses, cofounding ASX listed Panbio Limited and ImpediMed Limited. During the past three years, Mel has also served a number of prominent roles as director and chairman of public healthcare companies, including chairman of Alchemia Limited, director of ImpediMed Limited, and director of Campbell Brothers and Benitec Limited. Mel also has deep experience with healthcare/biotechnology companies, having served multiple board posts such as chairman of Peptech Limited and non-executive director of Domantis plc.

"Genetic Technologies has been one of the most compelling turnaround stories on the ASX and NASDAQ this year, and looks especially poised for growth as we head into 2012," said Dr. Bridges. "The Company’s progress to commercialisation and recent US expansion is a credit to the existing Board and management. I am excited to utilise my experience in the sector to build on this trajectory."

It is with regret that Genetic Technologies accepts the resignation from the Board of Mr. Sid Hack. Sid has made the personal decision to retire, having served as a Director of the Company since November 2008 and as Chairman since November 2009. During this time, he has overseen and guided the Company through a process of re-structuring and focusing the strategy to a sustainable growth path. This process has created shareholder value and laid a solid foundation for future growth. The Board and management of Genetic Technologies would like to take this opportunity to sincerely thank Sid for his stewardship and substantial devotion of time and effort over the past three years.

The Company’s outgoing Chairman Mr. Hack said, "I am delighted that Mel has agreed to join the Board. His substantial and direct experience in the commercialisation of diagnostics products globally will add tremendous value to the Company. In particular, his knowledge of the breast cancer diagnostics market in North America will help to accelerate the Company’s cancer diagnostics business in the USA. I have enjoyed working with my fellow Directors and management to grow and advance Genetic Technologies strategic moves internationally and I wish the Company every success in the future."