Celerity Systems Promotes Longnecker.Business Editors & High Tech Writers KNOXVILLE, Tenn.--(BUSINESS WIRE)--July 26, 2000 Celerity Systems, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CLRT CLRT Continuous Lateral Rotation Therapy CLRT Command Logistics Review Team CLRT Cranial Laser Release Technique ) today announced that Cabot Longnecker has been promoted to Director of Sales and Marketing worldwide. Mr. Longnecker was also named an Assistant Secretary of the Company. "We have been very pleased with Cabot's achievements as Manager, Sales and Marketing, North America," said Ken Van Meter, President and 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 Celerity. "Rarely have I seen anyone grasp the complexities of these products and this industry as quickly or effectively as Cabot, and he has already been instrumental in our largest contract with WIT Technologies. He has also gotten us key inroads inroads Noun, pl make inroads into to start affecting or reducing: my gambling has made great inroads into my savings inroads npl to make inroads into [+ with major players in our key market segments. We are confident that over time he will continue to do great things for us." Mr. Longnecker lives in Knoxville, TN, with his wife, Jennifer, and his three children. He is a graduate of George Mason University Named after American revolutionary, patriot and founding father George Mason, the university was founded as a branch of the University of Virginia in 1957 and became an independent institution in 1972. and has an MBA from the University of Houston. Prior to joining Celerity, Mr. Longnecker was Vice President of Sales for Berkline Corporation. Safe Harbor Statement under 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: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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