Electronic Sensor Technology Inc. Announces Resignation and Appointment of Chief
Financial Officer
NEWBURY PARK, CA, Mar 13, 2012 (MARKETWIRE via COMTEX) -- Electronic Sensor
Technology Inc. (pinksheets:ESNR), a leading provider of ultra-fast vapor
analyzers, announced today that Mr. Steve Wang has been elected at Chief
Financial Officer replacing Mr. Phil Yee, who resigned on 21 February 2012.
Mr. Wang is an experienced financial officer. He joins EST after being the CFO of
China Health Care Acquisition Corporation, an AMEX listed company, and CFO of
Ancogen, a development stage biotech company.
"We welcome Steve's joining EST at this time. Our business is more focused on
expanding on the successes we have had in China. Steve's experience in
negotiating business alliances, his fluency in Chinese and his contacts in China
will be a great asset as we expand our presence in the country," said Dr. Peong
Lim.
The zNOSE is a very versatile, ultra-fast Gas Chromatography instrument (GC).
More than 600 instruments have been sold around the world. The instrument is used
wherever real time analysis of volatile organic compounds and vapors is required.
These include detection of contamination of drinking water supplies, detection of
explosives, narcotic contraband and food adulteration. It is used in medical
research to detect trace amounts of volatile organic compounds found in human
breath that are associated with lung cancer and other diseases. For more
information, please visit our website at estcal.com.
About Electronic Sensor Technology: Founded in 1995, Electronic Sensor Technology
has developed and patented a chemical vapor analysis process. EST's product
provides near real time analysis of gasses detecting volatile organic compounds
in amounts as low as one part per trillion. EST's product has been shown to
detect salmonella and e-coli contamination of food sources; chemical warfare
agents such as Sarin and Agent Orange and Chemical pollutants in the environment.
SEC Filings and Forward-Looking Statements This press release includes forward
looking statements, including the Company's expectations regarding its ability to
develop and access capital markets and its ability to achieve expected results in
the chemical detection and analysis industry. The forward looking statements are
identified through use of the words "potential," "anticipate," "expect,"
"planned" and other words of similar meaning. These forward-looking statements
may be affected by the risks and uncertainties inherent in the chemical detection
and analysis industry and in the Company's business. The Company cautions readers
that certain important factors may have affected and could in the future affect
the Company's beliefs and expectations and could cause the actual results to
differ materially from those expressed in any forward-looking statement made by
or on behalf of the Company.
Contact:
Electronic Sensor Technology
William Wittmeyer
805-480-1994 ext 105
805-214-1860 direct
650-714-0823 cell
estcal.com
SOURCE: Electronic Sensor Technology Inc.
estcal.com |
