Save The World Air Inc. (ZERO) Message Board

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Non-Tech : Save The World Air Inc. (ZERO)

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To: peter michaelson who wrote (383)	11/30/2000 7:39:29 PM
From: StockDung	Read Replies (1) of 445

So who is the lucky MM?-->"Save The World Air will submit a completed updated package to a market maker located in Los Angeles for sponsorship to the Bulletin Board this week." Jeffrey A. Muller to Resign As CEO But Remain as Chairman; Search for a New CEO Is Underway SAN DIEGO--(BUSINESS WIRE)--Nov. 14, 2000--Save The World Air Inc. (OTC:ZERO) announced today that its Chairman and CEO Jeffrey A. Muller would resign from the post as Chief Executive Officer effective Jan. 1, 2001. The company said it has already begun a search for a successoz. Muller, who founded the company, is credited with commercializing the Zero Emission Fuel Saver Device. He will remain as chairman of the company, will continue to assist in worldwide marketing efforts. The company announced that it will initially pursue an American for the position. "I have worked hard to develop the Zero Emission Fuel Saver Device," said Muller. "Given the enormous potential for the Device and the worldwide commercial opportunities available, it is time that we bring in an executive who has both the expertise and relationships to capitalize on its potential. I am confident that with this new leadership we will be able to generate the returns that our shareholders deserve. I want to thank our shareholders for their patience as we have pursued re-listing on the Bulletin Board." Save The World Air will submit a completed updated package to a market maker located in Los Angeles for sponsorship to the Bulletin Board this week. The company has also updated and will refile all of its financial statements, including making them available through Edgar this week. Safe Harbor Statement: Certain statements in this news release may constitute "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward-looking statements. Forward-Looking Statements: All statements other than statements of historical fact in this release are forward-looking statements. Actual results may differ materially from those contemplated by the forward looking statements as a result of certain factors including, but not limited to the effect of business and economic conditions; the impact of competitive products and pricing; and capacity and supply constraints or difficulties. Such statements reflect the current views of the company with respect to future events and are subject to these and other risks and uncertainties and assumptions relating to the operations, results of operations, growth strategy and liquidity of the company. CONTACT: CEOcast Inc. for Save The World Air Inc. Adrienne Salomon, 212/732-4300 KEYWORD: NEW YORK CALIFORNIA

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