Avigen Announces Management Change

12-Jan-2006

Avigen, Inc. announced that Thomas Paulson will be resigning as Vice President, Finance, Chief Financial Officer, and Secretary effective January 31, 2006. Andrew Sauter, Senior Director of Financial Operations will be promoted to Vice President. Mr. Paulson will work with the company and Mr. Sauter to ensure a smooth transition.

Mr. Sauter joined the company in November 1999 as Controller. Prior to joining Avigen, Mr. Sauter worked with the capital markets trading businesses for BankAmerica Corporation and earned his CPA with Ernst & Young LLP.

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