PolarityTE(TM) Inc., names World Renowned Plastic & Reconstructive Surgeon Michael W. Neumeister, MD, FRCSC, FACS, as Chief Medical Officer

SOUTH PLAINFIELD, NJ--(Marketwired - Dec 9, 2016) - Majesco Entertainment, Inc. (NASDAQ: COOL) ("Majesco") following announcement that it had signed a definitive merger agreement with PolarityTE, Inc. ("Polarity") www.polarityte.com  announced it has appointed Michael W. Neumeister, MD, FRCSC, FACS as Chief Medical Officer (http://www.siumed.edu/surgery/plastics/cvs/neumeister_cv.html). Dr. Neumeister was formerly President of the Plastic Surgery Foundation and Plastic Surgery Research Council and is a Leader in Regenerative Medicine (http://www.siumed.edu/surgery/plastics/cvs/MWN%20CV.pdf). Following satisfaction of the conditions to closing, including approval of stockholders, Polarity will be acquired by Majesco, and will operate as a wholly-owned subsidiary of Majesco, which will change its name to Polarity in connection with the contemplated transaction. 

"Polarity seeks to alter the paradigms of regenerative medicine and patient-specific tissue engineering for the future. It is with these ambitious goals in mind that I am pleased to announce world renowned plastic and reconstructive surgeon Dr. Michael Neumeister has agreed to join as Chief Medical Officer of PolarityTE™. Beyond his tremendous expertise in some of the most complex reconstructive procedures performed, he has remained a leader and mentor in the field and an innovator in pragmatic translational regenerative medicine," said Chief Executive Officer and Chairman Dr. Denver Lough.

"I am extremely excited to join the Polarity Team and help transform the landscape of translational tissue engineering and reconstructive surgery. I believe I can add tremendous value with a large network of clinical thought leaders and practical viewpoint on the application of the technology. Dr. Lough and I have a close working relationship and I consider him to be one of the most gifted and brilliant innovators in regenerative medicine, and it is an honor to be brought on to his team in this role. I have no doubt, he will change field as we know it," said Dr Neumeister.

About PolarityTE
PolarityTE, Inc. is the owner of a novel regenerative medicine and tissue engineering platform developed and patented by Denver Lough MD, PhD. This radical and proprietary technology employs a patients' own cells for the healing of full-thickness functionally-polarized tissues. If clinically successful, the PolarityTE platform will be able to provide medical professionals with a truly new paradigm in wound healing and reconstructive surgery by utilizing a patient's own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves. It is because PolarityTE uses a natural and biologically sound platform technology, which is readily adaptable to a wide spectrum of organ and tissue systems, that the company and its world-renowned clinical advisory board, are poised to drastically change the field and future of translational regenerative medicine. More info can be found online at www.polarityte.com. Welcome to the Shift™.