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DALLAS, March 19, 2008 (PRIME NEWSWIRE) -- Platinum
Research Organization (OTC BB:PLRO.OB
- News),
http://www.platinumresearch.com,
today announced the appointment of David A. Hart as
its Interim Chief Financial Officer, to fill the vacancy
left by Mr. Michael D. Newman. The appointment was effective
March 7, 2008.
Mr. Hart, a CPA, has over 20 years of experience in
public and private companies, providing financial leadership,
implementing financial systems and managing accounting
controls to help streamline accounting processes and
aid the process of Sarbanes-Oxley compliance.
These skills and experience will help Platinum Research
transition from a development stage company to become
a more effective, efficient producer of commercially
viable, environmentally friendly compounds for ever-increasing
demands we face today.
Upon accepting the role of CFO, Mr. Hart stated: "I
feel that we are at an important crossroads with Platinum
Research and I look forward to participating in the
advancement of this new proprietary technology."
About Platinum Research Organization Inc. (PRO)
Platinum Research Organization Inc. (OTCBB:PLRO,
http://www.platinumresearch.com)
designs, develops and commercializes patented, high-performance
additives for lubricants and coatings. The company's
proprietary additive, TechroBond(tm), offers substantial
economic, performance and environmental advantages over
those now used. In engine oils, TechroBond will extend
the life of catalytic converters, thereby reducing harmful
emissions; it increases the anti-wear and extreme pressure
performance of industrial greases while reducing their
cost; and in coatings and paints, TechroBond may replace
environmentally hazardous materials. Platinum's formulations
and processes are protected by a series of U.S. patents,
patent applications, continuation-in-part applications
and trade secrets. The company is located in Dallas.
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