Key executives purchase North American stock; Company launches IR program.HOUSTON--(BUSINESS WIRE)--Nov. 29, 1995--North American Technologies Group 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 :NATK NATK Night Attack ) announced Wednesday that several of its key officers and directors, including Tim B. Tarrillion, NATK's president, chief executive officer and chairman of the board, David M. Daniels, executive vice president and a director, and Judith Knight Shields, senior vice president-Finance and chief financial officer, have recently purchased shares of NATK common stock. Tarrillion stated, "Given the recent improvement in operations and the prospects for growth and profitability in the future, I believe that NATK's stock, at its current low price, represents an attractive personal investment. "My recent purchase, and I believe the recent purchases by Mr. Daniels and Ms. Shields, reflect management's confidence in the company's future." The reported purchases represent in the aggregate less than 1% of the outstanding shares of NATK common stock. NATK also announced that it is initiating a new investor relations Investor relations The process by which the corporation communicates with its investors. program to communicate its strategy and prospects for the future. Tarrillion said that the company intends to engage certain investor relations experts to assist in developing and implementing this improved communications strategy. He added, "Effective marketing communications Marketing communications (or marcom) are messages and related media used to communicate with a market. Those who practice advertising, branding, direct marketing, graphic design, marketing, packaging, promotion, publicity, sponsorship, public relations, sales, sales are an important element of new management's long-term strategy. We believe that when investors are made aware and kept abreast of NATK's technologies, people, prospects and growth potential, there is a greater likelihood of long-term price stability and growth in our stock price." The communications program Software that manages the transmission of data between computers, typically via modem and the serial port. Such programs were very popular for connecting to BBSs before the Internet took off. is expected to be implemented during the current fiscal quarter. NATK is focused on developing new and innovative technologies that can generate economic value for the environmental, energy and related industries. For more information, please contact David M. Daniels or Tim B. Tarrillion at 713/662-2699. -0- No regulatory agency regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. has approved or disapproved the contents of this news release CONTACT: North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Technologies Group Inc., Houston David Daniels or Tim Tarrillion, 713/662-2699 |
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