Hydrogenetics Shareholders Appoint Charles Hansen III as CEO
April 09 2009 - 4:04PM
Marketwired
Hydrogenetics, Inc. (PINKSHEETS: HYGN) announced today it has
appointed Charles Hansen III to its CEO position, which had been
held on an interim basis by Ronny Halperin. The company recently
removed its former CEO Marc Walther and shareholders appointed
Halperin to lead the company throughout the search process.
As President and CEO, Hansen is responsible for day-to-day
operations and leading the strategic direction of HydroGenetics,
Inc.
Prior to joining HydroGenetics, Mr. Hansen was President and
Director of Medirect Latino, the first national provider of
diabetic testing supplies to the Medicare eligible Hispanic. Hansen
was the driving force behind the marketing and brand development of
this durable medical equipment provider having positive impact in
the health and well being of this underserved Community on a
National level. Over the past 25 years Hansen honed the skills
needed for high level revenue building strategies and tactics by
rising through the ranks of leading broadcast media companies
representing ABC, NBC and CBS affiliates throughout the US. In 1998
Hansen was hired as a part of the management team that launched the
PAX TV Network and was promoted to VP General Manager of WPXP-TV,
the PAX flagship station. Hansen has demonstrated an ability to
overcome complex business challenges and make high-stake decisions
using experienced-backed judgment. While in the United States
Marine Corps Mr. Hansen attended the United States Armed Forces
Institute.
About HydroGenetics, Inc.
HydroGenetics, Inc. is an alternative energy company. The
company's mission is to acquire and develop alternative and "green"
technology companies into revenue producing, profitable businesses,
utilizing investment capital and other resources including
management and strategic planning to increase shareholder value.
HydroGenetics, Inc.'s wholly owned subsidiary, HydroAxis
Technologies, Inc., is currently developing "green hydrogen
generating technology systems for any internal combustion engine,"
which will significantly reduce gasoline consumption in existing
and new vehicles.
Forward-Looking Statements
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The company has no
obligation to update these forward-looking statements.
Contact: Hydrogenetics, Inc. Nicky O'Robinson 305-572-9850
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