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WESTERN ENERGY MANAGEMENT REPORTS CHANGES IN BOARD AND MANAGEMENT

 WESTERN ENERGY MANAGEMENT REPORTS CHANGES IN BOARD AND MANAGEMENT
 SACRAMENTO, Calif., Jan. 8 /PRNewswire/ -- The board of directors of Western Energy Management, Inc. (AMEX: WEM), today announced several senior management and board level changes. The changes were made to address the realities of a difficult market, slower than anticipated growth and a stagnant economy.
 Effective immediately, David R. Lovejoy becomes chairman of the board and chief executive officer. His experience as a senior officer and/or director of private and public sector companies will aid the company in resolving its growth related problems and reversing the recent decline in earnings. "The basic business of Western Energy remains a valid and exciting prospect. We will renew our focus on this basic business with an intensity commensurate to its growth and earnings potential," Lovejoy said.
 George McLaughlin, president and chief operating officer, was appointed to the board of directors. "In the six months since George's arrival, significant progress has been made in repositioning the internal workings of the company," Lovejoy commented. McLaughlin notes that "keys to market effectiveness include timely execution of projects and the continuous application of new technology."
 Jack Wright, founder of the company, becomes vice chairman of the board. Wright returns to that side of the business where his greatest interests lie, namely, business development. "There remains no limit to the potential growth of the energy conservation industry. We are uniquely positioned to capitalize on this opportunity and this re-allocation of duties between David, George and me will be a great asset to getting business through the door," Wright said. Both Wright and McLaughlin will report directly to Lovejoy.
 Together, Lovejoy, Wright and McLaughlin represent the Office of the Chairman ("OTC") and also constitute the Executive Committee of the
Board. With these announcements, and also effective immediately,


Western Energy's relationship with Conversion Industries ("CVD") changes significantly. Don Clark, formerly vice chairman of Western, relinquishes that title, his role in the OTC and his daily duties at the company. He will continue to represent CVD on the board. David Rapaport, executive vice president of CVD, steps off the board and the management services agreement between the company and CVD is terminated.
 Western Energy Management, Inc., headquartered in Sacramento, is an energy and resource conservation firm with business throughout the state of California.
 -0- 1/8/92
 /CONTACT: David Lovejoy, chairman of Western Energy Management, 916-331-2882/
 (WEM) CO: Western Energy Management, Inc. ST: California IN: OIL SU: PER


GK-OS -- NY058 -- 7620 01/08/92 09:05 EST
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Publication:PR Newswire
Date:Jan 8, 1992
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