Brady Resigns; Fromm Becomes ATG CEO.Business Editors MONROVIA, Calif.--(BUSINESS WIRE)--Feb. 13, 2002 American Technologies Group Inc. (ATG) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ATEG) today announced that Dr. Gary Fromm, President of Investment Intelligence Systems Corporation (IISC), has been appointed Chairman and CEO of ATG. Mr. Larry Brady simultaneously resigned from those and all other positions in the Company. As the Company will explain in a proxy statement that will be mailed to shareholders in the near future, ATG intends to acquire new technologies and products. Dr. Fromm is the founder and president of IISC, a company that provides a wide range of high-quality software solutions to corporations and financial institutions across the globe. Dr. Fromm holds a B.M.E. degree from Cornell University, an M.S. from the Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, and an A.M. and Ph.D. from Harvard University. He has held teaching and research posts at M.I.T., Harvard, The American University, Brookings Institution, National Bureau of Economic Research The National Bureau of Economic Research (NBER) is a "private, nonprofit, nonpartisan research organization" dedicated to studying the science and empirics of economics, especially the American economy. , and Stanford Research Institute Stanford Research Institute - Former name of SRI International. as well as being a guest lecturer at universities, research institutes, and government agencies in the U.S. and over a dozen other countries. He has been a consultant to various U.S. government agencies including the U.S. Congress, Office of Management and Budget The Office of Management and Budget (OMB), formerly the Bureau of the Budget, is an agency of the federal government that evaluates, formulates, and coordinates management procedures and program objectives within and among departments and agencies of the Executive Branch. , Department of State, and Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control . He has been an engineer at General Electric and General Motors, a co-founder of Data Resources, Inc. and a member of the board and chairman of various corporations. He has been listed in American Men of Science and Who's Who. He also is the author or editor of eleven books and over 100 articles, notes and reviews in scientific journals. The Company also announced that it is now current in all of its filings with the Securities and Exchange Commission. The 10-QSB was filed on Monday, February 11, 2002 for the quarter ending October 31, 2001. |
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