To: ChrisJP who wrote (1506 ) 1/14/2000 3:08:00 PM From: jmhollen Read Replies (1) | Respond to of 1579
Aquatic Cellulose Creates New Post And Prepares For International Expansion VERNON, British Columbia, Jan 14, 2000 (BUSINESS WIRE) -- Aquatic Cell(OTC Bulletin Board: AQCI) Aquatic Cellulose International Corp. is pleased to announce the appointment of Victor Lima to the newly created position of International Operations Manager. A former Project Manager with J.T. Thomas Inc., Mr. Lima has extensive experience with international projects in Costa Rica and Mexico and is fluent in Portuguese, Spanish, and English. Lima is the first to be chosen from more than 100 applicants vying for various positions within Aquatic Cellulose. President Gary Ackles stated, "Mr. Lima's experience in coordinating international projects and operating heavy equipment in third world countries, plus, his linguistic diversity made him a great candidate for this position. His talents in the start-up and implementation stages should serve us well not only in Tucurui but on future projects as well." About Aquatic Cellulose International Corp. Aquatic Cellulose International Corp. is a forest industry based company focussed on recovering the once considered lost resource of submerged timber. The company utilizes a patented robotic system created by founder Gary Ackles. This device is able to cut and retrieve high quality timber that has been submerged for decades. Due to the lack of oxygen, deterioration has not occurred and the resource is recoverable in pristine condition. Aquatic Cellulose International is proud of the fact that every tree recovered is one less tree that needs to be cut down form existing forests. The company has operations in Brazil where $600 million of salvageable timber in the Tucurui Reservoir alone are estimated to be present. Aquatic Cellulose is pursuing many other similar projects around the world, the value of which is estimated to be in the billions of dollars. The company has identified approximately 38,000 dams and waterways around the world that are potential recovery sites for their robotic recovery system.