Planet Earth Recycling Inc. Announces New Chief Financial Officer
April 11, 2001
BLAINE, Wash., April 11 /PRNewswire/ -- This is being issued on behalf of the Board of Directors of Planet Earth Recycling Inc., Donald D. Dick, Chairman:
Planet Earth Recycling Inc. (OTC Bulletin Board: PERI) (The Company), announced the appointment of Mr. James Dellomo to the position of Chief Financial Officer.
Mr. Dellomo has been Vice President of Finance, Secretary and Director of Knogo Corporation, a thriving New York Stock Exchange company with annual revenues in excess of US$100-million, as well as Chief Financial Officer and Chief Operating Officer of multi-million dollar companies such as Globalgate.com, Inc., and Byron Preiss Multimedia Company, Inc. (Nasdaq), and Rio Sportswear, Inc., a privately owned fashion company with sales in excess of US$140-million.
He has a rock solid, international reputation as a senior financial and operating officer with extensive experience in both domestic and international finance, accounting, taxes and related legal issues. He is highly experienced in all aspects of corporate finance, as well as SEC reporting, shareholder relations and anti-takeover defenses.
In addition to his high profile positions in multi-national, multi-million dollar corporations, Mr. Dellomo was a key industrial consultant to the Government of Puerto Rico and a Commercial Lending Officer with Security National Bank, a major New York financial institution. His career path has included negotiating multi-million dollar acquisitions, currency and loan agreements, and organizing entire finance, accounting, and human resource departments for company start-ups.
"We are pleased to welcome an individual of Mr. Dellomo's stature, experience and obvious expertise to the Planet Earth Recycling family," stated Rowland Wallenius, President, Planet Earth Recycling Inc.
PERI recognizes the global, environmental crisis and has adopted a high-growth approach for its business with cutting-edge solutions for managing and recycling all waste materials including: glass, plastic, paper, cardboard, metals and particularly organic waste. From waste audits, acquisition, and processing of raw waste materials, to construction ownership, and operation of satellite centers, depackaging centers, transfer stations, recycling centers, and bio conversion plants, PERI does it all. PERI has the needed expertise, the technologies, the infrastructures, and resources to meet all of its objectives profitably and rapidly. PERI's expert team of consultants has over three centuries of combined experience deriving revenues from financing, permitting, engineering, construction, training, research and development, marketing, operations, and systems support. PERI is a one-stop recycling shop.
Certain statements contained herein are "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management. Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. Such "forward-looking statements" include but are not limited to, competitive factors, general economic condition, customer relations, relationships with vendors, government supervision and regulation, product introductions and acceptance, technological changes in industry practices, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.
SOURCE Planet Earth Recycling Inc.
CONTACT: Kevin Skett of Planet Earth Recycling Inc., 360-332-1350
PERI 1.700 +0.150 |
