I can't imagine how this could be perceived by anyone as a positive development.
Nanopierce Technologies, Inc. Announces Changes In Management
DENVER, Dec. 2 /PRNewswire/ -- Nanopierce Technologies, Inc. (OTC Bulletin Board: NPCT) today announced that Mr. Gilbert Olachea has resigned as President and Chief Executive Officer. Mr. Paul H. Metzinger was immediately appointed President and Chief Executive Officer.
Mr. Metzinger stated, "Gil's resignation was accepted with regret, due to the loss of his technical and marketing abilities and the benefits to be obtained from his recognition and contacts in the industry. However, we understand that it was motivated by personal reasons and will accept it on that basis." He further stated, "We are confident that the Company will soon be in a position to announce the engagement of a technically qualified person to assist management in the continuation of current developments and future efforts to commercially exploit the Particle Interconnect Technology."
Nanopierce owns ten patents, seven pending patent applications, two patent applications in preparation and other intellectual properties, relating to the Particle Interconnect Technology used in its Nanopierce Technology Material (NTM). This advanced process & material is designed to provide a significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems.
For further information please contact, Nanopierce Technologies, Inc. at 303-592-1010. |
