Cyanotech Names Brent Bailey as President,CEO and a Director - Cyanotech (OTC:CYAN)

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Cyanotech Corporation (Nasdaq: CYAN) today announced that the Board of Directors has named Brent Bailey as a Director of the company, effective immediately, and as President and Chief Executive Officer, effective January 11, 2011. He will replace David I. Rosenthal, who has served as Interim President and Chief Executive Officer since February 27, 2010. Mr. Rosenthal will remain as a Director, in which position he has served since November 2000.

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