To: Sosmartinov who wrote (81701 ) 2/3/2000 9:15:00 PM From: Loren S. Respond to of 120523
Dragon Environmental Corporation Appoints New President SANFORD, Fla., Feb. 3 /PRNewswire/ -- Dragon Environmental Corporation (OTC Bulletin Board: DREV) announces the resignation of Basil Meecham as President of Dragon Environmental Corporation and the appointment of Dr. N.S. Saliba as President. Dr. Saliba brings to Dragon his wealth of international experience, as the company turns to focus towards expansion and long-term growth. Dr. Saliba spent 17 years with BASF of Germany, where he served in a variety of capacities in numerous locations throughout the world. He later spent 7 years as the Marketing and Technical Director for Sasolchem, Ltd., a Petrochemical and Mining company with over 35,000 employees, where he was responsible for all technical matters, including the coordination and management of all chemical products including feasibility studies, research and development, production as well as overseeing the international marketing of chemicals and specialty products throughout North and South America, Europe and the Far East in the Chemical Division. His knowledge in the separation of various size particles as well as the treatment of water, waste and by products will provide Dragon with new horizons for expansion. In addition, his ability to manage both small and large groups of employees will prove a motivation for the present and future employees of Dragon Environmental Corporation. Dr. Saliba has his Doctor of Science and Master of Science in Chemistry and Mineralogy from Heidelberg University, a Masters of Business Administration from INCAE (Central American Institute of Business Administration/Harvard Business School), and a Bachelor of Science in Chemistry, Physics and Mathematics from American University. He is fluent in English, German, Spanish, French, Arabic, Italian, Portuguese and Afrikaans. "I am excited by the opportunity that has been put before me. Dragon has a tremendous potential with its existing technology, plus I believe I can provide Dragon with additional related technology when the time is right," Dr. Saliba stated today in Sanford. Dragon holds the rights to Technology for the removal of Sand and Grit through the use of its patented and proprietary Sand Dragon and Mud Puppy Systems. The need for the technology has been proven with over 10 years in the field and a consistent back log of orders from municipalities, local and regional governments as well as privately owned, water and waste water treatment facilities. Note: Certain statements in this Press Release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include, but are not limited to, changes in general economic conditions, risk in product technology developments, market acceptance of new product and continuing product demand, level of competition and other factors described in the Company's Reports, prospectuses and other filings with the Securities and Exchange Commission. SOURCE Dragon Environmental Corporation CO: Dragon Environmental Corporation ST: Florida IN: ENV SU: PER 02/03/2000 12:37 EST prnewswire.com