Mr. Kevin J. Seifert

Effective June 18, 2004, Kevin J. Seifert resigned as the Chief Operating Officer and director of Vaso Active.

Kevin J. Seifert(1)
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Kevin J. Seifert,Mr.Seifert served as our Vice President and Chief Operating Officer from December 2003 until June 18, 2004.Mr. Seifert also served as a member to our Board of Directors from February 2004 until June 18, 2004.Mr. Seifert held various management positions with Becton, Dickinson and Company, a medical technology and manufacturing company, from 1997 to October 31, 2003.From July 2000 until his resignation, Mr. Seifert served as President of Becton, Dickinson's Consumer Healthcare division.In this capacity, Mr. Seifert oversaw global consumer product production and sales for Becton, Dickinson's core business including the diabetes product line.From

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1996 to 1997, Mr. Seifert served as Founder and Executive Vice President of Telergy, Inc., a broadband telecommunications service provider.From 1990 to 1996, Mr. Seifert was the Vice President of Marketing and Sales and Investor Relations for Bio-Plexus, Inc., a medical device manufacturer.From 1989 to 1990 Mr. Seifert acted as Vice President of Advanced Pulmonary Technology, Inc., a manufacturer of life support ventilators.From 1985 to 1989, Mr. Seifert was a Product Development Manager for Sage Products, Inc., a manufacturer and developer of medical and healthcare products.Mr. Seifert holds 4 medical device patents.He received his Bachelors of Science degree in Marketing from New Hampshire College in May 1984.
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Kevin J. Seifert served as a director of BioChemics from February 2004 until April 8, 2004.
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Mr. Masiz, Mr. Joseph Frattaroli, Chief Financial Officer, Mr. Kevin J. Seifert, former Vice President and Chief Operating Officer and Dr. Stephen G. Carter, Chief Scientific Officer all inadvertently filed their Form 4s, regarding beneficial ownership created through the issuance of employee stock options, late.

Kevin J. Seifert
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Kevin J. Seifert,Mr.Seifert joined us on December 1, 2003 as our Chief Operating Officer.In February 2004, Mr. Seifert was appointed as a member to our Board of Directors.Mr. Seifert held various management positions with Becton, Dickinson and Company, a medical technology and manufacturing company, from 1997 to October 31, 2003.From July 2000 until his resignation, Mr. Seifert served as President of Becton, Dickinson's Consumer Healthcare division.In this capacity, Mr. Seifert oversaw global consumer product production and sales of from Becton, Dickinson's core business including the diabetes franchise.From 1996 to 1997, Mr. Seifert served as Founder and Executive Vice President of Telergy, Inc., a broadband telecommunications service provider.From 1990 to 1996, Mr. Seifert was the Vice President of Marketing and Sales and Investor Relations for Bio-Plexus, Inc., a medical device manufacturer.From 1989 to 1990 Mr. Seifert acted as Vice President of Advanced Pulmonary Technology, Inc., a manufacturer of life support ventilators.From 1985 to 1989, Mr. Seifert was a Product Development Manager for Sage Products, Inc., a manufacturer and developer of medical and healthcare products.Mr. Seifert holds 4 medical device patents.He received his Bachelors of Science degree in Marketing from New Hampshire College in May 1984.
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John J. Masiz, Kevin J. Seifert and Dr. Stephen G. Carter are also Directors and executive officers of BioChemics.
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As of January 2004, Kevin Seifert will act as Chief Operating Officer of BioChemics, in addition to acting in his capacity as Chief Operating Officer of Vaso Active.We expect that Mr. Seifert will spend approximately 70% of his business time on behalf of Vaso Active and the balance of his business time on behalf of BioChemics.

And after eight years of starting new companies, Kevin J. Seifert said he just wanted to see his family more."The ability to have any balance in life whether it's hobbies, or spending time with your children before they're gone is very hard in the start-up environment," said Mr. Seifert, 39, a vice president at Becton, Dickinson, a medical-device maker in Franklin Lakes, N.J.

I needed some coaching and higher expectations. And after eight years of starting new companies, Kevin J. Seifert said he just wanted to see his family more.The ability to have any balance in life - whether it's hobbies, or spending time with your children before they're gone - is very hard in the start-up environment, said Mr. Seifert, 39, a vice president at Becton, Dickinson, a medical-device maker in Franklin Lakes, N.J. In fact, for much of the 20th century, self-employment in the United States was in decline, impelled in large part by the move from farm to factory.As recently as the years just before World War II, with an economy that included many more independent farmers than today's, about one in five workers had no boss.That share continued to drop steadily until the 1970's, when it essentially stabilized at roughly one in eight, as the growth of service industries like consulting and finance provided new chances for self-employment.Widespread layoffs among white-collar workers in the late 80's and early 90's also caused some people to set up their own businesses.That new generation of the self-employed offset the continued decline in small farming and seemed to mark the beginning of an age of entrepreneurship.

Effective June 18, 2004, Kevin J. Seifert resigned as the Chief Operating Officer of the Company and as a director of the Company.
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Effective June 18, 2004, Kevin J. Seifert resigned as the Chief Operating Officer of the Company and as a director of the Company.
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Kevin J. Seifert(1)
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Kevin J. Seifert -Mr.Seifert served as our Vice President and Chief Operating Officer from December 2003 until June 18, 2004.Mr. Seifert also served as a member to our Board of Directors from February 2004 until June 18, 2004.Mr. Seifert held various management positions with Becton, Dickinson and Company, a medical technology and manufacturing company, from 1997 to October 31, 2003.From July 2000 until his resignation, Mr. Seifert served as President of Becton, Dickinson's Consumer Healthcare division.In this capacity, Mr. Seifert oversaw global consumer product production and sales for Becton, Dickinson's core business including the diabetes product line.From

44

1996 to 1997, Mr. Seifert served as Founder and Executive Vice President of Telergy, Inc., a broadband telecommunications service provider.From 1990 to 1996, Mr. Seifert was the Vice President of Marketing and Sales and Investor Relations for Bio-Plexus, Inc., a medical device manufacturer.From 1989 to 1990 Mr. Seifert acted as Vice President of Advanced Pulmonary Technology, Inc., a manufacturer of life support ventilators.From 1985 to 1989, Mr. Seifert was a Product Development Manager for Sage Products, Inc., a manufacturer and developer of medical and healthcare products.Mr. Seifert holds 4 medical device patents.He received his Bachelors of Science degree in Marketing from New Hampshire College in May 1984.
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Kevin J. Seifert served as a director of BioChemics from February 2004 until April 8, 2004.
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Mr. Masiz, Mr. Joseph Frattaroli, Chief Financial Officer, Mr. Kevin J. Seifert, former Vice President and Chief Operating Officer and Dr. Stephen G. Carter, Chief Scientific Officer all inadvertently filed their Form 4s, regarding beneficial ownership created through the issuance of employee stock options, late.
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Kevin J. Seifert(2)Vice President and Chief Operating Officer
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Mr. Seifert waived his base salary for the period from December 1, 2003 through December 31, 2003.Mr. Seifert resigned from the Company as its Vice President and Chief Operating Officer and as a member of the Board of Directors effective June 18, 2004.
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Kevin J. Seifert(2)
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25% of the options granted Mr. Seifert vested on February 13, 2004, and 25% will vest on each of the first, second and third anniversaries of the grant.
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25% of the options granted to Mr. Seifert vested on February 13, 2004.The remaining 75% of Mr. Seifert's options were voided effective June 18, 2004, the date of his resignation from the Company as its Vice President and Chief Operating Officer and as a director.He has until July 18, 2004 to exercise his vested options.
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Kevin J. Seifert(4)
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Mr. Seifert resigned from the Company as its Vice President and Chief Operating Officer and as a director, effective June 18, 2004.He has until July 18, 2004 to exercise his options.

DANVERS, MA -- (MARKET WIRE) -- 02/26/2004 -- On February 19, 2004, the Board of Directors of Vaso Active Pharmaceuticals, Inc. ("Vaso Active") (NASDAQ: VAPH) approved a resolution to expand the company's Board of Directors to eight members and to appoint Kevin Seifert, Chief Operating Officer, as a director.

Mr. Seifert joined Vaso Active as Chief Operating Officer on November 1, 2003.Prior to joining Vaso Active, Mr. Seifert had been employed as President of the Consumer Healthcare Division of Becton, Dickinson and Company, a Fortune 500 medical technology and manufacturing company.As President of this division, Mr. Seifert oversaw the global operations, including sales and marketing, research and development, manufacturing and business development for one of Becton, Dickinson's core businesses, which included Diabetes Care and the ACE bandage business.

John Masiz, Chief Executive Officer and Chairman of Vaso Active stated: "We are pleased to have a leader such as Kevin on our team and his appointment as a Director underscores the value that someone with the depth and breadth of Kevin's expertise brings to our shareholders."