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Strategies & Market Trends : CXI-Commodore Environmental

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To: Sid Raphael who wrote (808)5/7/1998 2:54:00 PM
From: hcm1943  Read Replies (1) of 1755
 
gee, I think I remember someone mentioning that cxi owns 87% of cxot, yes it was me hERE IS THE RELEASE:
Membrane Expert to Direct SLiM(TM) Commercialization

NEW YORK, May 7 /PRNewswire/ -- Commodore Separation Technologies, Inc. (OTC Bulletin Board: CXOT - news) announced today that Dr. W.S. Winston Ho, a world-renowned leader in the development of membrane separation technology, has been named Senior Vice President, Technology.

''Dr. Ho is considered one of the world's foremost experts in the development and commercialization of membrane technology,'' said Paul E. Hannesson, Commodore chairman and CEO. ''Early in his career, Dr. Ho worked at Allied Chemical where he invented and developed the membrane solvent extraction process in the early 1970s. Later working for Xerox and Exxon, Dr. Ho has had 27 years of research and development experience in membrane and separation process. A New Jersey Inventor of the Year of 1991, Dr. Ho holds more than 40 U.S. patents in membrane and separation processes.''

Dr. Ho is immediate past chairman of the Separation Division, American Institute of Chemical Engineers. He is co-author and editor with Dr. K. Sirkar, Distinguished Professor, Chemical Engineering, Sponsored Chair at the New Jersey Institute of Technology, of the preeminent book on membranes, Membrane Handbook. For this book, Drs. Ho and Sirkar received the Professional and Scholarly Publishing Award for the most outstanding engineering work in 1993. A native of Taiwan, Dr. Ho holds an undergraduate degree from National Taiwan University and both a Masters and Ph.D. in chemical engineering from the University of Illinois at Urbana-Champaign.

''Commodore's advanced technology has wide commercial applications,'' said Dr. Ho. ''To lead the company's technical program to commercialization is a wonderful challenge. I'm delighted to join a company that will be a world leader in membrane separation technology.''

Dr. Sirkar, a renowned separation scientist in his own right, said, ''Winston Ho is a brilliant scientist and engineer who has the commercialization experience to direct the implementation of Commodore's supported liquid membrane (SLiM(TM)) process. His years at Exxon, Xerox and Allied Chemical have prepared him perfectly to lead the technical/commercialization process at Commodore.''

The Commodore SLiM(TM) process can selectively remove, for recycling or disposal, materials from aqueous based solutions in both private and public sector industries.

Commodore Separation Technologies is 87% owned by Commodore Applied Technologies, Inc. (ASE: CXI). The Commodore companies are engaged in the commercialization of new process technologies.

SOURCE: Commodore Separation Technologies, Inc.
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