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NanoSignal Corporation Announces its New President and CEO
LAS VEGAS, Sept. 6, 2005 (PRIMEZONE) -- NanoSignal Corp. (Pink Sheets:NNOS) announced today that "it has agreed to terms with Retired Judge Kelly Slade to serve as President and CEO effective immediately," said Dr. Rupert Perrin.
Slade, who has been practicing law since 1977 -- first as a public defender and then as a private practice attorney -- served from 1982 to 1994 as a Clark County Judge in the Las Vegas Township. He was responsible for conducting criminal hearings as well as other hearings. As a Justice Court Judge, he has a broad understanding of Court processes. Since 1994, Judge Slade has owned and operated a successful small business and law practice.
"I understand the current situation with the Company," said Judge Slade. "I intend to look at every part of the company and make this company a success. With the help of Dr. Perrin, we have already begun the process of restructuring the Board of Directors. I intend to look at finding a remedy for the bashers of the company and where slander and libel laws apply, we will aggressively pursue legal action," stated Judge Slade.
"Now that Mr. Walters has removed himself from direct involvement in the company, I know that I have a great opportunity to refocus the company on its core business. I have to personally thank Mr. Walters for bringing the company to this point in its development, and I know he has many other exciting projects to develop," added Judge Slade.
Chairman of the Board Sir Rupert Perrin, Ph.D., stated that "it is an honor to have Judge Slade on board with our company. This is just the beginning to the new NanoSignal and the Board pledges to work closely with Judge Slade in building his new team."
This press release contains "forward-looking statements" within the meaning of Private Securities Litigation Reform Act of 1995. Such statements can be identified by lead-in "Looking Forward". These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statement.
CONTACT: Princeton Research, Inc. for NanoSignal Mike King 702-650-3000
Posts: 113 | From: New England | Registered: Jul 2005
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