Board Changes at Kemgas.HAMILTON, Bermuda--(BUSINESS WIRE)--Oct. 4, 1999-- KEMGAS LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: KMGCF; VSE See DOS/VSE. VSE - Virtual Storage Extended : KMG; LONDON REUTERS: KEMGAS) During its annual general meeting on the 22nd September 1999 the Kemgas shareholders elected Dr. Howard Browning as a new member to the board of directors. Dr. Browning, who will be a non-executive director, had a long and successful career with ICI (language) ICI - An extensible, interpretated language by Tim Long with syntax similar to C. ICI adds high-level garbage-collected associative data structures, exception handling, sets, regular expressions, and dynamic arrays. and the ICI/Zeneca Group. He graduated from Oxford with Honours in Organic Chemistry and an IEP IEP In currencies, this is the abbreviation for the Irish Punt. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. with Insead. His work experience included plastics, paints, resins, and several other fields. He held the overall responsibility for the PCC PCC prothrombin complex concentrate. division within the resins group, which moved to Zeneca and which has then been sold to Solvay of Belgium. Recently, he has been involved in the paper industry and has been Chairman of a U.K. based paper group. His professional background ideally covers the industries playing a key-role for Kemgas' future development. Geoffrey Procter, 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. of Kemgas commented on the appointment: "We are very fortunate to have Howard Browning join our Board. Kemgas will certainly profit from his advice and experience." A further board appointment, bringing experience from the new industries Kemgas is aiming at, was proposed for the near future. This is of particular importance, since Robert Daniels and Robert Cieslukowski have stepped down from the board. Both have enriched the company with their extensive experience in the industrial gas industry and have been invaluable during Kemgas' development of its acetylene acetylene (əsĕt`əlēn') or ethyne (ĕth`īn), HC≡CH, a colorless gas. It melts at −80.8°C; and boils at −84.0°C;. technology. Their commitment to the company's evolution has been very important. Kemgas has focused on the development of environmentally friendly technology for the industrial gas and speciality chemical industries. The company is holding propriety rights on innovative production methods. For more information, contact Claudia Homburg, Investor Relations Officer; Kemgas Ltd., BP 31, 13 chemin du Levant, 01211 Ferney- Voltaire, France. Phone (from U.S.) 011-33-450-428 095. Fax (from U.S.) 011-33-450-405 961. This press release contains forward-looking statements which are subject to a number of contingencies and uncertainties, including but not limited to, market acceptance for Kemgas products, manufacturing of Kemgas products in a commercial setting, obtaining adequate financing and construction management for products and obtaining appropriate permits. Such forward looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Kemgas undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events. |
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