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Biotech / Medical : OZON- Cyclopss

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To: Ed T who wrote (88)4/11/1997 1:25:00 PM
From: Robert Stewart   of 202
 
Ed,

I just copied the following from one of the newswires. So far I get the feeling that publicity is about as you described it-- not too important too them, since only one place so far out of four web sites I usually look to for news carried the story.

>>>>>CyclOPSS Corp. appoints laundry industry expert to lead its textiles systems operations

BusinessWire, Friday, April 11, 1997 at 11:03

SALT LAKE CITY--(HealthWire)--April 11, 1997--CyclOPSS Corp.
(NASDAQ:OZON) announces the appointment of James Gross as president
of CyclOPSS Textiles Systems Inc., its wholly owned subsidiary which
develops, manufactures and markets innovative and cost saving
equipment for commercial and institutional laundries.
"Jim Gross brings over thirty years of industry experience to
our company," said Bill Stoddard, president of the parent company,
"and we are certain that his decision to join our team in a
leadership position will enhance our growth in this important
field."
Prior to joining CyclOPSS Textiles, Jim's many accomplishments
in the laundry industry have included:
-0
*T

-- Director of laundry operations (worldwide) for a major hotel
chain with over 83 laundries, where he implemented cost-reduction
programs which resulted in annual savings in excess of $2 million.
-- Designed over 100 new laundries for hotels, hospitals,
prisons and other commercial laundry operations.
-- Developed and implemented the concept for using central
laundry facilities for hotel chains which have multiple locations
within a metropolitan area.
-- Developed and implemented the concepts now being
successfully commercialized by him for conserving water and energy
while reducing the volume and contamination levels of laundry
effluent. These benefits are realized through the installation of a
water treatment and reuse system for the recycling of laundry water
which can be retrofitted to any existing laundry equipment. Over
20 such systems have already been designed and installed.
-- Served as vice president of a large European manufacturer of
state-of-the-art laundry washing systems.
-- Implemented cost-saving strategies and laundry equipment
modifications for 3 major hotel chains which collectively saved over
$6 million per year.
*T

Gross has been active in a leading trade association, the
Textile Rental Service Association (TRSA) for many years, where he
has served as a member of the national affairs committee and as
chairman of the marketing committee.
"I am very excited to join the CyclOPSS team and assist in
bringing the benefits of our System 2000 and 2000i Ozone Laundry
Systems and our VAC Soil Sorting and Counting Systems to the
commercial, healthcare, industrial and institutional laundry
markets," Gross said. "I believe that these are the systems which
will take the laundry industry to new levels of efficiency and
profitability, while dramatically reducing impact on the
environment."
Gross will maintain a CyclOPSS Textiles office in Boca Raton,
Fla., as well as oversee operations in the Salt Lake City and
Tucson, Ariz. offices.
CyclOPSS Corporation THE OZONE COMPANY, is a leading company in the
development and marketing of technologies which use ozone in
commercial processes to make them more efficient and cost effective
while reducing negative impact on the environment. Industries of
focus for its technologies and products include commercial and
institutional laundries, medical sterilization and disinfection,
healthcare laundry processing and fine specialty research chemicals.
For additional information, visit the home page located at
cyclopss.com or write or call:

CyclOPSS Corp.
3646 West 2100 South
Salt Lake City, UT 84120
801/972-9090 (phone) 801/972-9092 (FAX)

CONTACT: CyclOPSS Corp., Salt Lake City
William Stoddard, 801/972-9090
801/972-9092 (FAX)

KEYWORD: UTAH ARIZONA FLORIDA
INDUSTRY KEYWORD: APPAREL/TEXTILES ENMED ENVIRONMENT
CHEMICALS/PLASTICS MANAGEMENT CHANGES

Companies or Securities discussed in this article:
Symbol
Name
NASDAQ:OZON
Cyclo3pss Cor<<<<<<<<<

So far no significant reaction from the market. Maybe another president/chief along side of the worker bees can help things go faster. Will a taller company be better? Time will tell. In this case a little more management experience can't hurt, but do they need another president?
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