RTEK
Rubber Technology International Inc. Retains New Investor Relations and Financial Consulting Firm
LOS ANGELES--(BUSINESS WIRE)--April 4, 2000--Rubber Technology International Inc. (OTCBB:RTEK) today announced that it has retained the services of the financial consulting firm PMR and Associates of San Diego.
PMR and Associates provides consulting services to private and public companies in areas ranging from corporate finance, acquisitions, business development and investor relations. Under the leadership of Patrick M. Rost, PMR and Associates has developed a strong track record in creating shareholder value for numerous Nasdaq and OTC clients by integrating a broad range of services into the corporate strategy of its clients.
Rost is a graduate of the Catholic University of America, Columbus School of Law in Washington, D.C., and the Notre Dame London Law Centre, Concannon School of International Law and Finance. He has previously served on the board of directors of several organizations, including the American Liver Foundation (San Diego Chapter) and the Scripps Memorial Hospital Steven's Cancer Center Annual Fund Raising Event. After finishing his legal career with one of the top law firms in the country, Rost joined a holding company as the Director of Legal Affairs and Business Development. He played a major role in several acquisitions and initiated business development resulting in a revenue growth from $15 million to $75 million before he began his own firm.
"I am extremely excited about working with the management of Rubber Technology International Inc., assisting them with strategic planning and enhancing shareholder value," stated Rost.
Rubber Technology International is a leader in the tire recycling industry. The Los Angeles-based company is paid to receive scrap tires that are then ground into crumb rubber, which is in ever-increasing demand for molded goods, topping for horse arenas, safety material for playgrounds and as an ingredient in rubberized asphalt.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, without limitation, continued acceptance of the company's products, legislative and marketplace changes, and governmental regulations affecting the company's operations.
CONTACT:
For Rubber Technology International Inc.
PMR and Associates, San Diego, Calif.
Patrick Rost, Investor Relations, 760/942-0015
E-mail: pmrandco@aol.com
Internet: www.RubberTechnology.com
KEYWORD: CALIFORNIA
BW0029 APR 04,2000
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