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October 19, 2007
Platinum
Research Names Two Key Officers
DALLAS, October 19, 2007 -- Matt Hawkins has been appointed chief marketing officer for Platinum Research Organization and David Owen has joined the company as vice president and chief technology and supply officer. |
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Mr. Hawkins has been involved with the company since 2002. Most recently, he was its vice president of sales and marketing. Before coming to Platinum, Mr. Hawkins was a director at Hull and Associates, a turnaround management firm with a proven, 25-year track record of success in stabilizing and maximizing asset values through court-ordered receiverships, corporate turnarounds, and debt workouts. He began his career at Eastman Kodak, where he was an award-winning sales representative who increased territory sales by 100% during his first two years with the company. He then moved to NCH Corporation, where he was a marketing manager responsible for new product development, product introductions and market identification. Later, as a nationwide division manager, he increased his group size by over 150% each year and had significant sales increases as a result. In the late 1990's, Mr. Hawkins co-founded an IT outsourcing company with an office in Mumbai, India. Mr. Hawkins graduated with a bachelor of arts degree in economics from The University of Texas at Austin.
Mr. Owen was most recently a technical consultant to Platinum Research and he is the co-inventor of one of the company's process patents. Prior to working as a consultant to Platinum, he was a technology consultant with The Boston Consulting Group, with Temple, Barker & Sloane, and with Arthur Young & Co., where he focused on improving his clients' products' time-to-market and integrating technology spending with business strategies. Mr. Owen holds a bachelor’s degree from Southern Methodist University and has completed additional graduate courses there.
Platinum Research Organization Inc. (PLRO.OB – www.platinumresearch.com) designs, develops and commercializes patented, high-performance additives for lubricants and coatings. The company's proprietary additive, TechroBond™, 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.
Trademarks: TechroBond is a trademark
of Platinum Research Organization Inc. All other trademarks
are the properties of their respective owners.
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Safe Harbor Statement under
the Private Securities Litigation Reform Act of 1995
Statements about the future performance
of the company, economic trends, and other forward-looking
statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including and without limitation, continued acceptance
of the company products, increased levels of competition
for the company, new products and technological changes,
the company’s dependence on third-party suppliers, and
other risks detailed from time to time in the company's
periodic reports filed with the Securities and Exchange
Commission. The company provides no assurance regarding
the actual outcome of the events contemplated by any forward-looking
statements included in this release. |
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Platinum Media Contact:
Barbara Hyman, Hopkins & Associates, barbara@hopkinspr.com,
214-828-0066
Platinum Investor Relations Contact:
Charles Moskowitz, FOCUS Partners, cm@focuspartners.com,
617-633-2259
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