To: John who wrote (1619 ) 12/1/1997 11:15:00 AM From: Jeffrey L. Henken Read Replies (2) | Respond to of 4356
Cyclopss Beefs-Up Food Division and Board SALT LAKE CITY--(BW HealthWire)--Dec. 1, 1997--Cyclopss Corp. (NASDAQ:OZON - news) Monday announced that it has retained the services of Michael J. Lakis Jr. to better enable it to penetrate the food industry with products designed to kill bacterial contaminates on food. Lakis will serve as a consultant to Cyclopss. Moreover, Lakis will also serve on the company's board of directors. Lakis is a well-known veteran in the food industry. Most recently, he served as president and chief operating officer - North America for DelMonte Fresh Produce Co. And, before that post, he was with Chiquita Brands Inc., where he worked for more than 37 years. His last title at Chiquita was president (1979-1992). Cyclopss Corp. is one of the nation's leading developers of ozone application processes and technologies for industry. Among its products is a food (produce, poultry and meat) and commercial laundry-decontamination system that kills micro-organisms such as E.Coli, Listeria, Giardia, Cryptosporidum and a host of blood-borne pathogens. Lakis brings to Cyclopss a wealth of contacts within the produce, food processing and retail grocery expertise. Bill Stoddard, president of Cyclopss said, ''We are thrilled to have Mr. Lakis on board as both a consultant and as a director. We believe that Mr. Lakis will add tremendous value to our food initiative as well as our business in general. ''His 40 years in the food business coupled with his contact and business acumen will bring to Cyclopss the industry experience necessary to tap this new, and growing market niche and further the general business efforts of our company.'' Lakis resides in New York City and in West Palm Beach, Fla. A more thorough biography on Lakis can be obtained by calling the contact listed herein. Contact: Cyclopss Corp. Melinda Ballard, 512/894-0508 Fax: 512/858-7146 Well John it's the old half empty half full debate isn't it? The way I see there is a food initiative strongly underway. The mere fact that a company with less than 30 employees can sign such an executive to continue to open doors in the food industry is nothing but positive. I know many people, myself included are anxiously awaiting that first food contract announcement. I agree it may yet be a while before that huge contract comes. When it does come though, and it will, it will be the first of many. I have been an avid investor for a number of years now. One thing I have learned is that despite the fact that contracts are not announced daily progress almost always is being made. One of the tricks to successful investing is to recognize progress early enough to take advantage of future stock gains. So what do you think? Buy now or wait until Mr. Lakis's contacts start to pay off with the announcement of actual contracts? The cup may be half empty or even half full What is clear to me is that it is getting more full every day! Go OZON!!!! Regards, Jeff