Printer Friendly
The Free Library
19,573,962 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AGT, Inc. Announces Senior Management Change.


KNOXVILLE, Tenn. -- The Board of Directors of Atmospheric Glow Technologies, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:AGWT AGWT Atmospheric Glow Technologies, Inc.
AGWT American Ground Water Trust
AGWT Green-Winged Teal (bird species Anas crecca) 
) (AGT AGT antiglobulin test. ), a leader in atmospheric plasma technology, announces today that Thomas W. Reddoch is stepping down as Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . Mr. Patrick Martin Patrick Martin may refer to:
  • Alex Shelley, American professional wrestler
  • Patrick Martin (journalist), Canadian journalist
  • Pat Martin, Canadian politician
, a Director of AGT, is chairing the search committee that will identify Mr. Reddoch's successor. Mr. Reddoch will remain as interim CEO and an Officer during this period to ensure a smooth transition. Mr. Reddoch will also remain on the Board of Directors.

The Board of AGT will work to identify candidates that have experience in successfully leading a public company as well as a familiarity with product rollout.

Reddoch is stepping down after serving as Chairman and CEO for two years. "This is a planned departure, and I am leaving behind an able company poised to transition from a development company into a product company. My time at AGT has been both exciting and exhilarating, and I would like to express my gratitude to AGT's shareholders, management, and employees for their commitment to AGT's success."

AGT is a market driven science and engineering company focused on realizing the commercial potential of the patented One Atmosphere Uniform Glow Discharge Plasma (OAUGDP OAUGDP One Atmosphere Uniform Glow Discharge Plasma (R)) technology, a method of creating plasma chemistry in air at atmospheric pressure. Management believes that the OAUGDP(R) is an exciting breakthrough in proprietary technology offering capabilities that other plasma technologies do not provide. Moreover, AGT is working to expand the applicability of its OAUGDP(R) technology and has targeted new market and product opportunities with the goal of creating additional shareholder value. AGT's technology has been the recipient of numerous federal contracts and grants and recognition awards. Additional information is available at http://www.atmosphericglow.com.

Statements in this release that are not historical facts are forward-looking statements made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. In addition, words such as "believes", "anticipates", "expects", and similar expressions are intended to identify forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of events of the company, or events, or timing of events, relating to the company to differ materially from any future results, performance, or achievements of the forward-looking statements. The company cannot assure that it will be able to anticipate or respond timely to the changes, which could adversely affect its operating results in one or more fiscal quarters. Results of operations in any past period should not be considered indicative of results to be expected in future periods. Fluctuations in operating results may result in fluctuations in the price of the company's securities.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Feb 21, 2006
Words:447
Previous Article:Popular Telephony Announces a PBX-Less Peer-to-Peer IP Phone for the SMB Market.
Next Article:BNP Paribas and Bank of America's Global Wealth & Investment Management Reach Agreement on Transfer of Select International Wealth Management...
Topics:



Related Articles
Study points to gene's role in hypertension.
Honeywell International.
GRAND AM: GRAND CHARGE TO VICTORY FOR THEYS, LIENHARD.
POSITIVE DATA ON SCHERING'S AD5FGF-4 FOR CHRONIC STABLE ANGINA.
Atmospheric Glow Technologies, Inc. Announces New Trading Symbol.
Applied Global Technologies Develops New Ruggedized Portable Multimedia Communications Product for First-Responders.
Get a handle on liner disposal.
Acument Global Technologies, Inc. Announces Tender Offer and Consent Solicitation For Its Senior Secured Floating Rate Notes Due 2014.
Acument Global Technologies, Inc. Extends the Consent Payment Deadline for the Tender Offer and Consent Solicitation for Its Senior Secured Floating...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles