ChemiCorp International, Inc. Announces Appointments.OTTAWA, Ontario--(BUSINESS WIRE)--May 20, 1999-- ChemiCorp International, Inc. (ChemiCorp) announced today that Dr. Mariusz Rybak, Chairman, Chief Executive Officer and President of IDS Intelligent Detection Systems Inc. (IDS), has been appointed to its Board of Directors as Chairman of the Board and Chief Executive Officer. Mr. Sanje Ratnavale, Chief Financial Officer of IDS, has also been appointed to the Board of Directors and to the position of Chief Financial Officer of the company. These appointments take effect immediately. IDS increased its ownership of ChemiCorp to 70 percent after finalizing the terms of an agreement announced April 15, 1999. The deal received the necessary approvals from each company's respective board of directors and majority shareholders. ChemiCorp engineers and optimizes trace chemical detection applications for industrial and environmental clients using a patented dual-technology system -- the CC-350. This system combines the benefits of two analytical techniques, gas chromatography gas chromatography (GC) Type of chromatography with a gas mixture as the mobile phase. In a packed column, the packing or solid support (held in a tube) serves as the stationary phase (vapour-phase chromatography, or VPC) or is coated with a liquid stationary phase and ion mobility spectrometry. ChemiCorp's web site is www.chemicorp.com. IDS is a dynamic developer, manufacturer and marketer of sophisticated detection devices and systems. The company operates through seven business units: Analytical & Security Products and Solutions; IDS Power Control Systems; Scintrex Earth Science Instrumentation; Survey & Exploration Technology Services; IEC (International Electrotechnical Commission, Geneva, Switzerland, www.iec.ch) An organization that sets international electrical and electronics standards founded in 1906. It is made up of national committees from over 60 countries. IEC - International Electrotechnical Commission (Integration, Engineering and Consulting); ChemiCorp and Caduceon Inc. Its more than 70 products range from drug and explosive detectors to nuclear safety control instruments, airborne and ground geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. services, geophysical instrumentation for mineral, oil and gas exploration and developing technologies for industrial process control and point-of-care health analysis. IDS's web site is www.idsdetection.com. ChemiCorp is traded on the Over-The-Counter Bulletin Board in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , (symbol: CCIX CCIX Continuous Countercurrent Ion eXchange CCIX Climatic Change Information Exchange ). IDS operates worldwide, with offices in Canada, the United States, France, the United Kingdom, Australia and Brazil, and is publicly traded on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (symbol: ISD See IDD. ). |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion