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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: Bobby Yellin who wrote (723)10/11/1999 5:35:00 PM
From: Rob C.  Read Replies (3) of 747
 
BLOOMFIELD, N.M.--(BUSINESS WIRE)--Oct. 11, 1999--IEI
(OTC BB:IECS.O) has hired Joe Knox as its VP of Product Development. Mr.
Knox has fifteen years of experience in the environmental cleanup
business, most recently as a Vice President of Western Operations for
EA Engineering, Science and Technology (NASDAQ: EACO.O). Prior to that
Mr. Knox was a Regional Manager for Tetra Tech, Inc. (NASDAQ: WATR.O)
where he opened and managed major offices in both the Northeastern and
Western parts of the U.S. Mr. Knox will manage the overall sales and
marketing effort for Industrial Ecosystems by aggressively
establishing a pipeline of target clients, qualified leads, and new
orders. Initial efforts will focus on the expanding IEI's client base
in the petroleum sector in the New Mexico Four Corners area and in the
San Francisco Bay Area.
Jake Hatcher who is presently director of our New Mexico
operations has become General manager of Operations. Mr. Hatcher has
enhanced the companies Bioconversion process and has successfully
remediated petroleum hydrocarbon contaminated soil containing up to
400,000 Parts Per Million down to 1000 Parts Per Million in 120 days.
These improvements will be instrumental in broadening the range of
potential new clients the company is targeting.
The company has also hired William J. Priore as VP of Science and
Technology. Mr. Priore comes to IEI from EA Engineering, Science and
Technology Inc. where he provided corporate technical support as the
National Technical Director for Hazardous Materials and Sediment
Remediation. Prior to EA, Mr. Priore served in a similar capacity for
Metcalf & Eddy, Inc of Wakefield, Mass. Throughout his career, Mr.
Priore has provided a high level of environmental consulting service
on multi-million dollar projects for many Fortune 50 clients. As VP of
Science and Technology for IEI, Mr. Priore will assist our clients in
project development and implementation. He will also assist in the
development of IEI'sproprietary Bioconversion technology for other
markets.
Mr. Jarnagin ,President of IEI, stated that the new people bring
proven skills and a record of individual success to the company that
will provide an excellent management team for our shareholders.

--30--azs/sf*

CONTACT: Industrial Ecosystems
Tom Jarnagin, CEO, 505/327-5570

KEYWORD: NEW MEXICO CALIFORNIA
INDUSTRY KEYWORD: ENVIRONMENT OIL/GAS MANAGEMENT CHANGES
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