Cloudtech Sensors, Inc. Completes Merger with APG, Announces New Name, Management Team, Board.Company Intends to Become a Leading Provider of Biosensor A device that detects and analyzes body movement, temperature or fluids and turns it into an electronic signal. See lab on a chip and data glove. Biosensor Detection Chips and Devices to Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , Environmental/Food Safety, and Healthcare Markets LANDENBERG, Pa. -- Cloudtech Sensors, 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 :CLDH), an early-stage developer of low-cost, handheld sensor chips and devices that can detect and report on in real time and under low-flow conditions hundreds of biological, chemical, environmental and radioactive agents, announced today the completion of its merger with Advanced Products Group (Other OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :APGP APGP Arithmetic Progression Geometric Progression APGP Automatic Password Generator Program .PK - News). At the same time, the company also changed the merged corporation's name to Cloudtech Sensors, Inc., and appointed a new management team and board of directors to replace those of APG APG Assists Per Game (basketball) APG Assists Per Game (hockey statistic) APG Aberdeen Proving Ground APG Automated Password Generator APG Asia Pacific Group on Money Laundering , who resigned as part of the agreement. "The need for generation-leaping, portable risk detection and mitigation MITIGATION. To make less rigorous or penal. 2. Crimes are frequently committed under circumstances which are not justifiable nor excusable, yet they show that the offender has been greatly tempted; as, for example, when a starving man steals bread to satisfy devices has never been more critical than today, particularly in the areas of homeland security, environmental/food safety, and healthcare. With the completion of this merger and appointment of a new board and leadership team, Cloudtech is now strongly positioned to fill the crucial need for affordable, small, rugged, handheld GPS-enabled sensor chips and devices that offer speed, precision, portability, and power," said Cloudtech 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. James L. Trichon. New Board Appointed The Cloudtech Board of Directors will be chaired by Kenneth S. Rosenzweig, who will also serve as the company's Chief Technology Officer. Other Board members include James L. Trichon, Cloudtech's President and CEO, and James W. Zimbler, Managing Director and founder of Alpha Corporate Advisors, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control . Management Team Named The company is led by a team of highly accomplished executives with broad experience in technology, biosciences, finance, marketing, supply chain management, and related fields. In addition to Trichon (President and CEO) and Rosenzweig (Chief Technology Officer), the Cloudtech management team includes Joseph Straub, Business Development Director; Steven M. Ogintz, Marketing Director; Holly G. Atkinson, MD, Medical Director; and Paul Marcus, Communications Director. More board appointments and management-team additions will be announced in the coming months. "I'm confident we now have in place the board and leadership team to enable Cloudtech to develop and deliver the most innovative, low-cost, high-value solution for risk detection and mitigation to the marketplace," said Trichon. ABOUT CLOUDTECH SENSORS, INC. Cloudtech Sensors, Inc. (http://www.cloudtechsensors.com), a publicly held company, is an early-stage developer of handheld detectors that can discover and identify - in real time and under low-flow conditions - hundreds of biological, chemical, environmental and radioactive agents, then wirelessly relay crucial data to command-and-control centers for instant analysis and response. Using licensed-in, patented technologies, Cloudtech intends to be a leading provider of biosensor detection chips and devices to the burgeoning homeland security, healthcare, food safety and environmental markets, a combined $12 billion opportunity by 2010. Cloudtech Sensors, Inc. is located at 13 Laetitia Lane, Landenberg, PA 19350, with additional offices to open in Q3 2007 in Camden, NJ and Newark, DE. |
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