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Sexing Technologies, STgenetics founder Rosenstein to retire

NAVASOTA, Texas, May 24, 2016 (GLOBE NEWSWIRE) -- One of the architects behind Sexing Technologies' and STgenetics' development into innovative world leaders in semen sorting science and animal reproductive services is stepping down.

Maurice Rosenstein, Co-CEO of Inguran LLC, has announced that he will retire effective Dec. 31, 2016. Inguran LLC does business as Sexing Technologies® and STgenetics™.

Rosenstein, whose passion and drive helped propel sex-sorted semen from an expensive novelty to an affordable staple of the artificial insemination industry, said the decision to leave the company he has helmed for more than a decade was difficult to make but is a positive one for his family and himself.

"I do plan to start several projects that have been on my bucket list for quite some time and am hoping for continued health for many years to come," he said in a letter to company employees and owners.

Juan Moreno, who founded Inguran with Rosenstein and also serves as Co-CEO, said Rosenstein has been an invaluable leader for the company since its inception in 2004.

"My friend Maurice Rosenstein has helped to develop our proprietary technologies that have changed the dairy industry and he has helped to manage the company through extraordinary growth," Moreno said. "The Board of Directors and I are grateful for his innumerable contributions and his distinguished tenure as Co-CEO over the last 12 years. We are fortunate to have Maurice's continuing contributions based on his knowledge of our industry through his ongoing service on our Board of Directors."

In his letter Rosenstein's told employees that although he will not be a daily presence in the office, "I will continue to support the advancement of (Inguran) by one, holding my position as a board member and, two, by my continued support to all of you. Please know that I am always available for discussion, big or small, business or personal."

Inguran LLC, doing business as Sexing Technologies® and STgenetics™, is a worldwide leader in livestock reproduction and other services for cattle, horses, deer and swine. These services include sex-sorted semen, embryo production, and beef bull and heifer development.

CONTACT: Jim Hiney, Marketing Manager jhiney@stgen.com (Off) 936.870.3960 (Cell) 979.219.1545

Source: Sexing Technologies