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WTC INDUSTRIES, INC. ANNOUNCES SENIOR MANAGEMENT RESTRUCTURING

 MINNEAPOLIS, April 30 /PRNewswire/ -- WTC Industries, Inc. (NASDAQ: WTCO) announced today that Sheldon A. Vermes has been terminated as chairman and CEO of the company effective immediately. Vermes will continue to serve the company as a member of the board of directors.
 Jack Jungbauer, a member of the company's board of directors, said, "We are actively interviewing candidates to act as interim CEO. We intend to carefully consider a permanent replacement for Mr. Vermes as soon as possible."
 Jungbauer continued, "The board recognizes Mr. Vermes' vision and contribution to WTC. Through his efforts, the company's iodinated resin technology is at the forefront of the water purification industry. We look forward to working with Mr. Vermes on a smooth transition in management."
 WTC Industries, Inc. holds the exclusive rights to manufacture and market the patented PentaPure(R) iodinated resin worldwide. The company provides water purification devices for consumer, industrial, and OEM applications.
 -0- 04/30/93
 /CONTACT: Adrienne Griffith of de Petra & Associates, 612-338-7630, for WTC Industries, Inc./
 (WTCO)


CO: WTC Industries, Inc. ST: Minnesota IN: SU: PER

KH -- MN007 -- 3252 04/30/93 13:30 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:186
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