Churchill Technology Inc. announces board changes.BUFFALO, N.Y.--(BUSINESS WIRE)--May 12, 1995--Churchill Technology Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CHUR), a leading developer of biodegradable plastics, announced today additional positions on the board of the company for Marc de F de Logeres, former chairman 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 Michelin Tire Co., and Edward I Edward I, 1239–1307, king of England (1272–1307), son of and successor to Henry III. Early Life By his marriage (1254) to Eleanor of Castile Edward gained new claims in France and strengthened the English rights to Gascony. . Celano, senior vice president of National Westminster Bank. Additional changes to the board include the appointment of Robert H. Downie, currently the company's president, to the additional post of chairman and CEO. Downie will take the place of Alexander Hamilton who, as a result of a strong international demand for the company's products, will remain with the company as the International Licensing Manager. Prior to joining Churchill, Downie was president of Ecostar, a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based company specialising in additives and specialty compounds to create biodegradable products. Downie was also chairman of Novon International which recently acquired the Specialty Polymer division of Warner-Lambert. Churchill's acquisition of Ecostar and Novon International brought together under one roof world leaders For a list of heads of state, see . World leaders is a MMORPG. The game involves creating a state, joining an alliance and going into war. It is mostly played by players from Israel, China, USA, Britain, Brazil and Saudi-Arabia. in the field of biodegradable materials. Hamilton said today, "It is apparent that the tripartie merger of Ecostar, Novon and Vertix is going to propel this company into a leading position on the international stage. We already are world leaders in the technology, protected by a spead of over 900 patents, and we now have a board of international repute." Hamilton added, "With the pressure worldwide to create plastic materials that biodegrade, it was vital for Churchill to provide proof of complete biodegradation of product, particularly in landfill. An independent Carbon 14 study of our process is now available on request and I am pleased to announce that Churchill is the only company to have biodegradable product listed in the GSA (1) (Global mobile Suppliers Association, Sawbridgeworth, U.K., www.gsacom.com) A membership organization of suppliers of GSM products and services. Its goal is to promote GSM as the worldwide mobile communications standard. See GSM Association and GSM. catalogue." CONTACT: Novon International Lisa Padovani, 716/874-8696 |
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