LifeCell Corporation is seeking acquisitions. LifeCell said, "The company noted that this growth will build on LifeCell's scientific heritage and proprietary technologies and will include global expansion, development of products for new markets, and pursuit of strategic merger and acquisition opportunities to fulfill the company's mission to transform surgery through continuous innovation."

The Board of Directors of the parent company of LifeCell Corporation(TM) (LifeCell) announced a change in leadership as the company enters into its next phase of growth. This growth will build on LifeCell's scientific heritage and proprietary technologies and will include global expansion, development of products for new markets, and pursuit of strategic merger and acquisition opportunities to fulfill the company's mission to transform surgery through continuous innovation. Joe Woody, president and CEO of LifeCell's sister company, Kinetic Concepts Inc. (KCI), has been appointed interim CEO of LifeCell, overseeing and supporting the LifeCell management team. Lisa Colleran, president and CEO of LifeCell, is leaving the company to pursue new opportunities. An executive search is underway for a new, permanent leader.

The Board of Directors of the parent company of Kinetic Concepts Inc. and LifeCell Corporation announced that Timothy E. Guertin has agreed with the parent company's financial sponsors to join the Board of Directors. Mr. Guertin has been involved in the healthcare industry for over 35 years. He is the former president and chief executive officer of Varian Medical Systems Inc. During his career at Varian Medical Systems, Mr. Guertin served in several key management positions, including as Chief Operating Officer from October 2004 to February 2006 and as Corporate Executive Vice President from October 2002 to August 2006. Prior to that time, he was President of Varian's Oncology Systems business unit from 1992 to January 2005 and a Corporate Vice President from 1992 to 2002. Mr. Guertin is also a member of the board of directors of Varian Medical Systems Inc. and Teradyne Inc. In addition, Mr. Guertin sits on the board of the Radiation Oncology Institute, an education and research organization dedicated to advancing the use and effectiveness of radiotherapy.