Probex Elects New Board Member.Business and Technology Editors DALLAS--(BUSINESS WIRE)--April 14, 2000 Probex Corp. (AMEX AMEX See: American Stock Exchange : PRB PRB Pharmaceutical Resources Branch ), an energy technology company, announced today that Charles Charles, archduke of Austria Charles, 1771–1847, archduke of Austria; brother of Holy Roman Emperor Francis II. Despite his epilepsy, he was the ablest Austrian commander in the French Revolutionary and Napoleonic wars; however, he was handicapped by M. Rampacek was elected to the Board of Directors of the company, effective April 7, 2000. Mr. Rampacek has been the president and chief executive officer of Lyondell-Citgo Refining refining, any of various processes for separating impurities from crude or semifinished materials. It includes the finer processes of metallurgy, the fractional distillation of petroleum into its commercial products, and the purifying of cane, beet, and maple sugar , LP since 1996. From 1982 to 1995, he held various executive positions for Tenneco Inc. and its energy-related subsidiaries, including president of Gas Pipeline Transportation, executive vice president of Gas Pipeline Operations and senior vice president of Process & Marketing Operations. Prior to that, Mr. Rampacek held various positions with Exxon Company USA for 15 years. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs G. Plaskett, Probex's chairman, 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. , said, "Mr. Rampacek brings to Probex over 30 years of experience in the crude oil refining and oil and gas industries, which will significantly benefit the company. His experience and industry knowledge will be invaluable to the company as it begins the commercialization of its proprietary technology. We are extremely pleased to welcome Mr. Rampacek to the Board." Mr. Rampacek will fill a Board position made available by co-founder Alex Daspit shifting to an advisory director position. Mr. Daspit will continue to contribute in his role as an employee/consultant and advisory director to the company. About Probex Probex is a Dallas-based energy technology company that has begun commercialization of ProTerra(tm), its proprietary lubricating base oil technology enabling production of premium quality base oil and other petroleum products from used lubricating oils. For more information about Probex, visit the company's web site at www.probex.com Certain statements contained herein may be considered "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management. Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the company's expectations include financial performance, conditions in the lubricating oil industry, the company's ability to obtain financing for its plant development, market acceptance of the company's products and technologies, changes in local, national or global economic conditions, and similar variables. |
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