GAS-SENSOR FIRM SET TO HOLD ONTO SHARES.Byline: Daily News Staff and Wire Services Executive officers of DCH DCH Department of Community Health DCH Diploma in Child Health DCH Defend Council Housing (UK) DCH Data Channel DCH Dil Chahta Hai (movie) DCH Dhaka Community Hospital Technology Inc. in Valencia have restricted 4.5 million shares of stock in the company for a year, a sign of their confidence in their gas-sensor industry. The shares are owned by the founders and will not be sold or available for trading until June 1, 1999. These shares represent about 45 percent of the total shares issued by DCH that are available to the market. DCH's senior management team jointly committed to this restriction without financial incentives or options of any kind. ``This action demonstrates the uncompromising commitment of the management team and key founders to the success of the company,'' company President William Firestone fire·stone n. 1. A flint or pyrite used to strike a fire. 2. A fire-resistant stone, such as certain sandstones. Noun 1. said in a statement. ``We are intent on protecting the interests of our shareholders today and in the future.'' In recent months, the company has been contacted by several large entities interested in the growth of the hydrogen industry. ``This stock restriction is unprecedented for a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. in the hydrogen-technology industry, and is seen as a clear indication of confidence by DCH in its market position and prospects,'' David Moard, president of Hydrogen Burner A drive that writes write-once optical discs such as CD-Rs and DVD-Rs. A "burner" implies a one-time recording, but the term is erroneously used to refer to drives that "write" to re-recordable CD-RW and DVD-RW/+RW media as well. See burn, CD-R and DVD-R. Technology, a manufacturer of hydrogen-gas generators in Long Beach. DCH Technology is a technology-development and manufacturing firm specializing in patented and proprietary gas-sensor and safety products that are sold to industrial and government customers worldwide. DCH's core technologies include the Robust Hydrogen Sensor, the Thick Film Hydrogen Sensor, the Fiber Optic Sensor and the Universal Gas Sensor. The current market for gas sensors
DCH technologies are currently being used by the Westinghouse, Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp. and other large multinational companies. |
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