Caprius, Inc. Appoints New Board Member.Kenneth Leung Brings Over 30 Years of Finance and Environmental Experience HACKENSACK, N.J. -- Caprius, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CAPS) is pleased to announce Kenneth Leung was appointed to its Board of Directors effective December 6, 2006. Mr. Leung brings over 30 years of experience in investing in the environmental industry. He currently is a Managing Director of Investment Banking-Environmental and the Chief Investment Officer of the Environmental Opportunity Funds at Sanders Morris Harris Group. Prior to joining Sanders Morris Harris, Mr. Leung served as Managing Director at Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. Inc. Mr. Leung is a contributing writer to environmental publications and is an invited speaker at environmental and financial conferences and trade shows. He holds a BA from Fordham College and an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration from Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. and resides in Brooklyn. Mr. Leung is currently Chairman of American Ecology Corp., and sits on the Boards of AeroGrow Corp., Dewpoint Environmental, Inc. and SystemOne Technologies, Inc. George Aaron, Chairman of Caprius, stated, "Ken is joining our Board at a very exciting time for the Company. With most of the R&D, as well as the arduous state approval process largely behind us, we are now focused on building market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" for our SteriMed Systems. Ken brings together significant experience in both finance and the environmental industry and we look forward to benefiting from his expertise." About Caprius Caprius, Inc. is a manufacturer of proprietary equipment for the on-site disinfection disinfection, n the process of destroying pathogenic organisms or rendering them inert. disinfection, full oral cavity, n a procedure used to reduce active periodontal disease, usually completed within a certain short time frame. and disposal of infectious medical waste through its subsidiary, M.C.M. Environmental Technologies, Inc. The Company's innovative SteriMed technology simultaneously shreds and disinfects solid and liquid regulated medical waste, reducing the volume by up to 90% and rendering it harmless for disposal as ordinary waste. The SteriMed units are economical, compact, efficient and convenient, as well as environmentally friendly. The MCM (MultiChip Module or MicroChip Module) A chip package that contains several bare chips mounted close together on a substrate (base) of some kind. patented technology offers an alternative to hauling and incinerating medical waste. Industry analysts estimate the medical waste market to be approximately $3 billion in the US and approximately $10 billion worldwide. More information on the Company and MCM can be found at www.caprius.com and www.mcmetech.com |
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