AGT Announces New Board of Directors at Its Annual Shareholders' Meeting.KNOXVILLE, Tenn. -- 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 leading developer of atmospheric plasma products, held its 2006 Annual Shareholders' Meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. in Knoxville, Tennessee “Knoxville” redirects here. For other uses, see Knoxville (disambiguation). Founded in 1786, Knoxville is the third-largest city in the state of Tennessee, behind Memphis and Nashville, and is the county seat of Knox CountyGR6. on May 23rd, chaired by Thomas Reddoch, Interim 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. . [R][sup.3]All resolutions submitted for the Shareholders' Meeting were approved including the election of seven directors to the Board of Directors; the adoption of an Equity Incentive Plan; and the re-appointment of Coulter & Justus, P.C., Knoxville Tennessee, as the auditors for the Company. [R][sup.3]"We are delighted to have four new exceptional and independent directors that bring a storehouse of accumulated business management experience to AGT," says Thomas Reddoch Interim CEO and immediate past Chairman. The election of an experienced board is instrumental in guiding AGT's product introduction plan. The new Board members include Al R. Anderson, Joseph B. Byrum, Steven D. Harb, and J. Russell Mothershed. Returning members are Kimberly Kelly-Wintenberg, Patrick L. Martin, and Thomas W. Reddoch. [R][sup.3]At a meeting of the new Board of Directors on May 23rd, Steven Harb, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. was appointed as Chairman. Mr. Harb brings more than 30 years of business ownership and growth experience to the Board, and stated, "I am honored to be asked to serve AGT and I am excited about its revenue and growth opportunities." Additional members include Mr. Al Anderson who has extensive early stage technology marketing and technical experience, more than forty years, in technology based enterprises and has operated his own consulting business for the last 14 years. Mr. Joseph Byrum brings extensive investment experience from his activities with Continental Gulf, Inc. and over 35 years of business experience including company ownership. The remaining new member is Mr. J. Russell Mothershed who brings public company experience to AGT as a former Sr. Vice President and Chief Financial Officer for Ruby Tuesday, Inc., the highly successful restaurant chain. [R][sup.3]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. [R][sup.3]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. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion