OT: Wednesday October 20, 11:14 am Eastern Time
Company Press Release
SOURCE: ReDOX Technology Corporation
ReDOX Technology Corporation Announces
Formation of Subsidiary in India And Appointment of Its COO
HOUSTON, Oct. 20 /PRNewswire/ -- ReDOX Technology Corporation (OTC Bulletin Board: RDOX - news) this
morning announced the impending formation of ReDOX Technology Corporation - India to serve as its subsidiary for
establishment and development of manufacturing facilities on the Indian sub- continent. Evidencing ReDOX's commitment to
move this project forward swiftly, the Company has appointed Ansul Gupta as Liaison and Chief Operating Officer of
ReDOX - India. Mr. Gupta, currently a resident of London, England, has previously served, among other responsible
positions, as Chairman and CEO of Dole Corp. International, Chairman of Western Global Technologies, and Group
Finance Director of the Asian Pacific Group. Mr. Gupta's body of corporate work includes substantial involvement in
bi-lateral and multi- lateral international trade.
ReDOX Technology Corporation Chairman Richard A. Szymanski stated, ``Today's announcements are a clear indication
that ReDOX is now positioning itself as not only a significant corporate force in America's 21st Century, but in the world's,
as well.' Szymanski went on to say, ``Consistent with certain negotiations and finalizations, we anticipate further
announcements in the very near future.'
ReDOX Technology Corporation holds proprietary technology for high energy density storage devices. The Company's
Common stock trades on the Over-the- Counter (OTC) Electronic Bulletin Board Service of the National Association of
Securities Dealers (NASD) under the symbol RDOX.
SOURCE: ReDOX Technology Corporation |
