October 24, 1997 Biosafe International (BSFE) became Waste Systems International (WSII).
Here is the press release:
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Oct. 24, 1997--At the BioSafe
International Inc. (NASDAQ:BSFE) Annual Shareholders' meeting today,
the company announced that shareholders have approved
reincorporation in Delaware and a corporate name change to Waste
Systems International Inc. ("WSI"). The company also announced that
it will change its NASDAQ stock symbol to WSII and will begin
trading under the new symbol on Monday, October 27, 1997.
Philip W. Strauss, BioSafe's chairman, president and chief
executive officer commented, "This name change reflects the
significant turnaround of BioSafe while focusing on building an
integrated solid waste management company and executing our growth
strategy of expanding our core presence in existing markets, such as
in Vermont, as well as establishing positions in new markets. To
this end, we have many exciting projects and/or acquisitions under
development which will establish WSI as a leading solid waste
management company in New England and the Mid-Atlantic states."
WSI is an innovative solid waste management company. The
company has built a fully-integrated solid waste management business
in Vermont, and has entered into a contract to operate and remodel an
existing 30-acre landfill in South Hadley, Mass. The company is
also evaluating other opportunities in the New England and
Mid-Atlantic markets and has also licensed its proprietary
infectious medical waste disposal technology throughout Europe.
Certain of the above statements may be forward looking
statements that involve risks and uncertainties. In such instances,
actual results could differ materially as a result of a variety of
factors including competitive developments and other risk factors
listed from time to time in the company's Securities and Exchange
Commission reports.
--30--kl/bos* mb/bos
CONTACT:
BioSafe International Inc.
Bob Rivkin, 617/497-4500
or
Burson-Martseller
Stuart Carlisle, 212/614-4000
This thread is to start discussion of our "new" company. |
