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ARRI Rental brings David Lamadrid on board as Chief Financial Officer and restructures management team

(July, 25th 2012). ARRI Rental, the largest full service equipment rental group in the United States, is pleased to announce the appointment of David Lamadrid as Chief Financial Officer. He will be addressing the needs of ARRI Rental and its subsidiary Illumination Dynamics and will be based at ARRI Rental's headquarters in Secaucus, NJ.

Lamadrid joins ARRI Rental with over 20 years of experience in management, finance and operations. He comes from CytoSorbents Corporation, a publicly traded medical technology company that he joined as VP of Finance in 2000, and was the company's CFO since 2002. Prior to that Mr. Lamadrid who started his business career managing the operations of a beverage and commercial equipment group was also a financial analyst at Chase Manhattan Bank working in the Middle Market Banking Group. "David brings significant expertise and prior experience that will help us to ensure that we have the appropriate tools to identify opportunities & to analyze trends and challenges as we face increasingly competitive markets", says Simon Broad, President.

As part of the restructuring of the management team, Hardwrick Johnson will become Senior Vice President of Rental. Ed Stamm, as well as continuing as General Manager of ARRI Rental Florida will be promoted to Vice President alongside Mark Machover who continues as Vice President Finance.

David LamadridDavid Lamadrid

can be reached at +1 212 757 0906 Ext. 233 or via email at David Lamadrid

For further information, please contact:

Brigitte Wehner