COES-NEWS:
Former Ambassador Jeane J. Kirkpatrick Joins
Commodore Applied Technologies Board
PR Newswire - December 18, 1997 06:57
CXI CXOT COES %ENV %FIN %CHM %PER V%PRN P%PRN
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NEW YORK, Dec. 18 /PRNewswire/ -- Commodore Applied Technologies, Inc.
(Amex: CXI, CXIW) announced today that former U.S. Ambassador to the United
Nations Dr. Jeane J. Kirkpatrick has joined its Board of Directors.
Dr. Kirkpatrick has also joined the board of the company's public subsidiary,
Commodore Separation Technologies, Inc. (Nasdaq: CXOT, CXOTW, CXOTP).
"We are delighted to have someone of Ambassador Kirkpatrick's stature join
our boards," said Paul E. Hannesson, Chairman and CEO of the Commodore
companies. "Dr. Kirkpatrick's vast international experience brings a
significant, new dimension to our capabilities for expanding Commodore's
overseas markets. She will be particularly important to our efforts relating
to the worldwide destruction of chemical weapons."
"I am pleased to work once again with a dear friend, a respected colleague
and an early mentor of mine," said Kenneth L. Adelman, member of both
Commodore boards. Dr. Adelman previously worked as Ambassador Kirkpatrick's
deputy at the United Nations during the Reagan Administration.
Ambassador Kirkpatrick has a distinguished career which includes being
awarded the Medal of Freedom -- the nation's highest civilian honor. She
served for more than four years as the United States Representative to the
United Nations and member of the Cabinet of President Ronald Reagan.
Dr. Kirkpatrick has also served as a member of the President's Foreign
Intelligence Advisory Board, the Council on Foreign Relations, the Defense
Policy Review Board and chaired the Secretary of Defense Commission on Fail
Safe and Risk Reduction. Ambassador Kirkpatrick is the author of a number of
books and now serves on the faculty of Georgetown University as Leavey
Professor of Government. She is also a Senior Fellow of the American
Enterprise Institute. In addition to her responsibilities at Georgetown and
AEI, Dr. Kirkpatrick writes and speaks widely on foreign policy and security
affairs.
"Because of my work, I am very selective about the organizations with
which I affiliate," said Dr. Kirkpatrick. "I have been most reluctant to
accept corporate board memberships offered over the years. However, I am very
impressed with Commodore, its technology and its mission, as well as the
company's team of people," she said. "They have developed a technology that
will make a lasting impression on the safety and well-being of our nation and
the world."
Commodore Applied Technologies, Inc., is a New York-based environmental
technology company that has developed and is now commercializing its patented
process known as Solvated Electron Technology (SET(TM)). Based on the results
of extensive testing and commercial application, SET is capable of treating
and decontaminating a wide range of soils and other materials by destroying
PCBs, pesticides, dioxins, chlorinated substances and other toxic
contaminants. The SET process is also capable of neutralizing chemical
weapons materials and warfare agents and of concentrating certain radioactive
wastes for more effective disposal.
Commodore Applied's patented SET process is the only portable, non-thermal
process to hold a nationwide permit issued by the U.S. Environmental
Protection Agency for the destruction of PCBs in solids and on metallic
surfaces. In treating mixed wastes, the SET process destroys PCBs and other
hazardous chemical, leaving only concentrated radioactive contaminated matter
for permanent storage.
Commodore Separation, with operating headquarters in Atlanta, Ga., has
developed and is commercializing its supported liquid membrane (SLiM(TM))
separation and recovery system. This system can selectively remove from a
feedstream valuable substances for reuse or toxic materials for safe disposal.
The mission of the Commodore group of companies is to commercialize new
process technologies. The Commodore family includes Commodore Applied
Technologies, Inc., Commodore Separation Technologies, Inc., Commodore
Solution Technologies, Inc. and its wholly owned engineering subsidiary,
Commodore Advanced Sciences, Inc. Commodore Applied is approximately
59% owned by Commodore Environmental Services, Inc. (OTC: COES).
These materials contain forward-looking statements based on a series of
projections and estimates regarding economics within our markets the
industries in which we operate, the effects of legislation, and regulations,
as well as business and competitive outlook.
SOURCE Commodore Applied Technologies, Inc.
/CONTACT: John Peterson, media, or Melissa C. Berkowitz, financial, both
of Commodore Applied Technologies, 212-308-5800/
(CXI CXOT COES) |
