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Biotech / Medical : Paracelsian Inc (PRLN) -- Ignore unavailable to you. Want to Upgrade?


To: Jonathan Schonsheck who wrote (4298)2/8/2000 10:16:00 AM
From: Jonathan Schonsheck  Read Replies (1) | Respond to of 4342
 
More impressive moves!

Paracelsian Announces Significant Leadership Additions

ITHACA, N.Y., Feb. 8 /PRNewswire/ -- Paracelsian, Inc. (OTC Bulletin Board: PRLN - news) ITHACA, N.Y., announced today that Dr. Mac Shaibe has
accepted an invitation to serve on the Paracelsian Board of Directors. Dr. Shaibe's appointment to the Board lasts until the next shareholders' meeting, when he will
stand for election.

Dr. Shaibe's background includes significant positions in academia, government and the private sector. Perhaps most noteworthy, Dr. Shaibe is a co-inventor of the
Internet, having co-authored for DARPA (Defense Advanced Research Project Agency) in 1967 the design of the Inter-University Computer Network that became
the Internet. Dr. Shaibe has also been involved throughout his career in the development of public policy. He served as Director of Standards at the Bureau of Labor
Statistics, provided high-level consultation services to the United Nations on a variety of issues, and served as the Chief Advisor on Science Policy to the Prime
Minister of Israel. Dr. Shaibe has held positions at George Washington University, American University, and MIT. He received a Ph.D. in Mathematics from the
University of Muenster in Germany. Dr. Shaibe came to the United States after his escape from a Holocaust concentration camp in Germany.

Dr. Shaibe currently resides in the Washington, D.C. area, and is employed as Chairman of ReGenesis Foundation for UNDP, and as President and CEO of
Technology Transfer International. Dr. Shaibe joins Dr. T. Colin Campbell, Thomas Livingston, Dr. Hira Gurtoo, Dr. Lianping He and Nelson Campbell on
Paracelsian's Board of Directors.

``I am pleased to be associated with Paracelsian,' commented Dr. Shaibe. ``I am optimistic about Paracelsian's technologies, strategies, and people, and I intend to
be a very active Board member,' added Dr. Shaibe.

In addition, Paracelsian announced today that Gary G. Chabot has agreed to join Paracelsian as Chief Financial Officer. Mr. Chabot, who holds a bachelors degree
in Accounting, formerly was employed as President & CEO of the Cayuga Chamber of Commerce and, prior to that, as Vice President of Economics at the New
York State Electric and Gas Corporation. Mr. Chabot's responsibilities in these positions included financial and economic planning, regulatory accounting policies
and procedure, budgeting and forecasting, and the presentation of financial information and plans to Boards of Directors, to the investment community, to
governmental agencies, and to customers.

``I look forward to assisting the management team and employees at Paracelsian to achieve our most important goal -- generation of revenue,' commented Mr.
Chabot.