JBI, Inc. Appoints Dr. Jacob Smith as Chief Operating Officer

NIAGARA FALLS, Ontario, Jan 11, 2010 (GlobeNewswire via COMTEX) -- JBI, Inc. ("JBI" or the "Company") (OTCBB:JBII) is pleased to announce the appointment of Dr. Jacob Smith as Chief Operating Officer. Dr. Smith is an accomplished professional whose educational background and managerial expertise will further assist JBI's management team to execute the Company's growth model. Dr. Smith's academia accomplishments, leadership qualities, scientific and business knowledge, and successful track record all contributed to JBI's appointment decision.

Dr. Smith received a Masters Degree from the University of Chicago and a Doctor-Medical from Michigan State University in 2002. He obtained Certificates from Cambridge University in 2006 and from the National Institute of Health/FDA in 2007. Business Certificates were received from Oxford University in 2007 and Harvard University in 2009. Dr. Smith then received an MBA from Ashford University in 2009.

From 2000-2006 he served as a Medical/Surgical Resident. He obtained and managed $8 million of federal funds while prioritizing HIV/AIDS care services and developing a comprehensive strategic long-range plan for Southeastern Michigan HIV/AIDS Council. During this time, he also managed and conducted clinical trial research.

For the past three years, he has served as an instructor in Business, Biology, and Healthcare at Davenport University, Livonia, Michigan, conducting courses in Management, Microeconomics, Macroeconomics, Healthcare, Biology, Anatomy, and Physiology.

"It is an honor to be appointed as JBI's COO," said Dr. Smith. "JBI has some unique technology and a growth model that I am excited about working with. I will be able to contribute my business and scientific expertise to assist the management team in reaching their goals."

In discussing Dr. Smith's appointment and qualifications, John Bordynuik, CEO and President of JBI, stated, "We are delighted to add Dr. Smith to our management team. He is highly-qualified to assume the COO position, as he has a thorough understanding of business principals, economics, and development strategies. I am very confident that his knowledge and expertise will be valuable in advancing our business growth model."