Donlar Biosyntrex Appoints Experienced Manager as COO; Pietrangelo Brings Extensive Background In Water Soluable Polymers to New Role.Business Editors BEDFORD PARK Bedford Park is the name of several places around the world:
Donlar Biosyntrex Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :DBSY), a world leader in green chemistry, products and technology, today announced that the Company has appointed Robert P. Pietrangelo to the position of Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Donlar Biosyntrex Corporation. Mr. Pietrangelo will be responsible for the overall operations of the Company, including sales, marketing, research, manufacturing and finance. Mr. Pietrangelo has extensive experience in management, marketing and product development. He previously served as the Chemical Marketing Director at CPS, Inc., a specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. company, where he supervised the re-engineering of the company as well as the development and implementation of numerous market analysis, business planning and forecasting systems. Through his efforts, the company's business and profits grew 300% over a seven-year period. Prior to joining CPS, Mr. Pietrangelo was a Strategic Business Unit Manager at Rohm & Hass. His responsibilities included overseeing the operations of two $90 million business units for Rohm & Hass, whose product line includes surfactants and water soluable acrylate polymers A group of polymers which could be referred to as plastics generally. They are noted for their transparency and resistance to breakage when compared to conventional window glass. Commonly called as acrylics or polyacrylates, acrylate polymers. for personal care, hair care, detergents and water treatment markets. He also developed and implemented several analytical and operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. while working in that capacity. Larry P. Koskan, 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. and President of Donlar Biosyntrex Corporation, stated, "At Donlar Biosyntrex, Bob has taken Donlar Biopolymers' operations to a new level. His sales and marketing expertise has been credited for the Company's record-breaking sales in its most recently reported quarter. While serving as Senior Vice President, his role has been to position Donlar AgriSciences to maximize sales opportunities and position the Company for profitability." Larry Koskan continued, "Bob has extensive senior management experience in several of Donlar's key areas including the marketing of water soluable polymers, and he has headed several important strategic initiatives since joining the Company in April of 1997. His business experience and knowledge, and his foresight and expertise in management, are of tremendous value to the Company as we continue to capitalize on numerous market opportunities for our biodegradable, non-hazardous, non-toxic, hypoallergenic hy·po·al·ler·gen·ic adj. Having a decreased tendency to provoke an allergic reaction. hypoallergenic (hī´pōal´urjen´ik), adj and environmentally friendly polymers." About Donlar Donlar Biosyntrex Corporation is at the forefront of providing unique synthetic proteins that reduce product manufacturing costs while satisfying environmental concerns for the creation of non-toxic products for a wide range of industrial and consumer markets. The Company's non-hazardous, non-toxic, hypoallergenic, environmentally friendly and biodegradable thermal polyaspartate (TPA (Transient Program Area) See transient area. TPA - Transient Program Area ) biopolymers are protected by 130 Company owned patents. The Company's products are being rolled out into a broad variety of industrial, agricultural and consumer markets, with applications in markets including oil field operations, fertilizers and diapers. Donlar Biosyntrex also markets a superior natural protein used in pharmaceutical and nutraceutical markets. Donlar's products are manufactured in its state-of-the-art facility located in Peru, Illinois. (www.donlar.com) This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in the forward-looking statements, which involve a number of risks and uncertainties. The contents of this release should be considered in conjunction with the risk factors in Donlar Biosyntrex's most recent filings with the Securities and Exchange Commission on Forms 10-QSB and 10-KSB and current reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. . |
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