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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?

To: JW@KSC who wrote (6900)	9/29/1998 11:17:00 AM
From: Tomato Man	Read Replies (4) \| Respond to of 15313

***NEWS*** Tuesday September 29, 10:54 am Eastern Time Company Press Release Financial Intranet, Inc. Today Announced the Appointment of Joseph F. Engelberger to Its Board of Directors ARDSLEY, N.Y.--(BUSINESS WIRE)--Sept. 29, 1998--Financial Intranet, Inc. (OTCBB:FNTN - news) today announced the appointment of Joseph F. Engelberger to its Board of Directors. Joe Engelberger is the founder and was the first president of Unimation, Inc. His background includes B.S. and M.S. degrees from Columbia University, and he has authored numerous articles in the instrumentation field and in the field of robotics. His 1980 book entitled Robotics in Practice, with a forward by Columbia classmate Isaac Asimov, has been translated into six languages. In 1989, his latest book, Robotics in Service, was published simultaneously in the United Kingdom and the United States. Honors include the Progress Award of the Society of Manufacturing Engineers, the Leonardo da Vinci Award of the American Society of Mechanical Engineers, and the 1982 American Machinist Award. The University of Liverpool bestowed the first McKechnie Award on him in 1983. In 1984, he was elected to the National Academy of Engineering; he was the recipient of the Egleston Medal for distinguished engineering achievement from Columbia University. Honorary doctorates have come from the University of Bridgeport, Spring Garden College, Briarwood College, Trinity College and Carnegie-Mellon University. In 1992, he was profiled in the London Sunday Times series on The 1000 Makers of the 20th Century. In January 1997, he received the Beckman Award for pioneering and original research in the general field of automation. He is the 1997 recipient of the highest Japanese technology honor, the Japan Prize, for the establishment of the robot industry. Michael Sheppard, President and Chief Operating Officer of Financial Intranet, said ''We are very fortunate to be able to draw from Joe Engelberger's expertise in emerging technologies, and in particular, in artificial intelligence. Mr. Engelberger also has years of experience serving on Boards of both start-up, bulletin board companies to serving on the Boards of NASDAQ companies with heavy commitment to video technology.'' Mr. Engelberger, often called the Father of Robotics, is generally considered to have been the driving influence in the creation of the industrial robot industry. The Robotics Industries Association annually presents Joseph F. Engelberger Awards to ''persons who have contributed outstandingly to the furtherance of the science and practice of robotics.'' Mr. Engelberger is currently serving on the Board of Directors of EDO Corporation (NYSE:EDO - news). In the past, he served on the Boards of the Anderson Group, Cooper Instrument and Information International. Additionally, Engelberger is the Chairman of HelpMate Robotics Inc. (formerly known as Transitions Research Corporation). The mission of HRI (OTCBB:HELP - news) is to give robots a spectrum of sensory perception so that mobile, sensate robots can work shoulder to shoulder with human mentors in service activities. The company's flagship product is HelpMate(R) a robotic hospital courier, installed in over 80 U.S. hospitals as well as in Europe and Japan. Engelberger's new cause celebre is a two armed, mobile, sensate and articulate robot that could be a servant-companion for elderly cognitive but mobility impaired individuals. Financial Intranet, Inc. has established the nation's first proprietary, secured, on-demand data and video financial information network that links the brokerage and mutual fund industries together and connects both to the individual investor. Contact: Financial Intranet, Inc., Ardsley Michael Sheppard, 914/693-5060 Fax: 914/693-5059 msheppard@fntn.com