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? |