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Life Industries hires key executive in Germany.

SARASOTA, Fla.--(BUSINESS WIRE)--Nov. 29, 1995--In Germany, a prominent executive has joined Life Industries Inc. (NASDAQ Bulletin Board:LFEI.U), as Executive Manager, to promote the use of Life's substantial technology in Europe.

UDO GLATTHAAR, has extensive experience in technological projects. Before joining Life, he worked under Dr. H. C. Lothar Spath, Chairman of the Board of JENOPTIK GmbH in Jena, Germany. In Jenoptik, Udo Glatthaar was project manager for the development of German infrastructures, and responsible for technology as personal representative of Dr. Spath. JENOPTIK is well known, having founded 30 companies that created 15,000 jobs.

Jenoptik was developed from the former Zeiss-Jena combine, and subsequently reorganized the vast Zeiss real estate holdings and developed new services. Udo Glatthaar oversaw the regional investment center for Jenoptik, a median for the company's science, policy and economic evaluation. He was also the company's coordinator for contacts to outside scientific, economy, and administrative institutions, and a key person in the Techno Club, a forum for the region's technology and a multi-media technology information system.

Glatthaar was born in Sigmaringen, Germany in 1961. He won a scholarship of the Konrad Adenauer Foundation in Bonn, Germany. His studies included economics, administration, politics and German language. Next, he received a diploma in Administration at Konstanz, qualifying him in finance, business administration, public relations and education. After graduation, he worked with a management consultant firm in southern Germany, specializing in markets for ecology related processes and products.

In 1992 he joined Jenoptik. He is active in outside technology, political and economic organizations that include several executive roles. He has served on numerous economic commissions and has given lectures on the future fields of ecological development and the information society.

Life Industries Inc., is a public company in the United States, and owns extensive technology and operating companies. Udo Glatthaar will be instrumental in helping to commercialize Life's technology and other interests in Europe. With his headquarters in Stuttgart, Germany, he will build a Germany organization specializing in Life's water treatment and environmental technology. Life's technology is useful in controlling industrial air and water pollution, allowing industries to operate with fewer restrictions on their output, thus improving their economics. Municipalities can also benefit with Life's processes for removing contaminates from waste products and purifying water supplies.

LIFE INDUSTRIES INC. SECURES HUGE MEXICAN STATE OF MORELOS WATER TREATMENT PROJECT

Life Industries Inc., in association with ICO S.A. de C.V. of Guadalajara, Mexico will design and construct six sewer treatment plants in the State of Morelos, Mexico. The ICO-Morelos project will provide income totaling a projected $30 million ($USD), over 15 years. The contract includes the management and maintenance of the plants. Six cities in that State will be the sites for the pollution control plants.

CONTACT: Life Industries Inc., Sarasota

George Hagen, 941/351-2004
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Publication:Business Wire
Date:Nov 29, 1995
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