Advanced Lumitech, Inc. Announces New Chief Operating Officer.Business Editors GENEVA, Switzerland--(BUSINESS WIRE)--Jan. 14, 2000 Advanced Lumitech, Inc. ( OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ADLU ADLU ADSL Distribution Line Unit ) announced that Patrick Planche has assumed the position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Advanced Lumitech in addition to his other duties as Chairman of the Board and Chief Executive Officer of the Company. Mr.Planche replaces David Luther who has resigned as the Company1s Chief Operating Officer to pursue other interests. Mr. Planche stated, "We appreciate the contributions made by Mr. Luther to the Company and wish him success in his future endeavors." Advanced Lumitech also announced that the Company1s luminescence luminescence, general term applied to all forms of cool light, i.e., light emitted by sources other than a hot, incandescent body, such as a black body radiator. technology is undergoing an independent safety and environmental review in the United States to allow the Company to obtain necessary certifications for liability insurance protection for the sale of its products. Mr. Planche indicated that the compliance review is expected to be completed within the current fiscal quarter after which the Company would be able to move forward with the implementation of the marketing plan for its products. Advanced Lumitech has developed and patented an exclusive process to create luminescent lu·mi·nes·cent adj. Capable of, suitable for, or exhibiting luminescence. [Latin l men, l color pictures of photographic quality which can be applied to a variety of objects in numerous applications. The Company will market its luminescence technology and related products under the brand name Brightec.
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