Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : THE OZONE COMPANY! (OZON) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (1156)	11/6/1997 2:18:00 PM
From: Jeffrey L. Henken	Respond to of 4356

Thursday November 6 1:29 PM EST Company Press Release Cyclopss Chairman Resigns Due to Health Problems SALT LAKE CITY--(BW HealthWire)--Nov. 6, 1997--Cyclopss Corp. (NASDAQ:OZON) Thursday announced that its chairman has tendered his resignation, effective immediately, due to personal health concerns. John M. Williams, 47, had been Cyclopss' chairman since April of 1990, when the company began full operations. His service to the company has included several top posts but, in 1995, his role began to be gradually scaled back in order that he spend more time with his family. In a letter to the board, Williams said, ''Please don't allow yourselves to interpret my resignation with any negative implications for the company or its future. Indeed, I have never felt more confident in the company's prospects for prosperity than I do at the current time. My resignation should be viewed simply as a requirement of a personal estate plan which will allow me to more adequately meet my personal and familial obligations.'' Said Bill Stoddard, long-time friend of Williams and current president and chief executive officer of Cyclopss, ''John has been a great friend and contributor to Cyclopss and his full-time presence will be sorely missed. However, John has agreed to make himself available on a part-time basis in the near term, so we fully expect him to continue to be a major contributor to the company's future growth.'' Stoddard will serve as interim chairman until the board elects a new one at the annual meeting, scheduled for Jan. 13, 1998. Cyclopss Corp. is one of the nation's leading developers of ozone application processes and technologies for industry. Among its products is a food and commercial laundry decontamination system that kills micro-organisms such as E.coli, Listeria, Giardia, Cryptosporidum and a host of blood-born pathogens. Contact: Melinda Ballard, 512/894-0508 (for Cyclopss Corp.) fax: 512/858-7146 More news for referenced ticker symbols: OZON, and related industries: biotechnology, chemicals, medical.