ROCHESTER, N.Y., Aug. 30, 2005 (PRIMEZONE) -- National Detection Clinics (Pink Sheets:NADE) announces the resignation of Gary Kelley (President and CEO) and Peter Johanssen (Senior Vice President and director), along with two other senior management personnel, effective September 6, 2005. The new management team is already in place and an announcement will be following shortly.
Due to differing philosophies on corporate direction and development, an amicable decision was reached to proceed in a new direction for the long term benefit of the company.
All of the outgoing senior personnel will continue to be available to the new team for assistance during the transition phase.
Mr. Gary Kelley and the outgoing management team have agreed to provide whatever advice is necessary to ensure the continued growth and profitability of National Detection.
A number of statements contained in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including timely development, and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results could differ materially from any forward-looking statements due to such risks and uncertainties, including but not limited to, the fact that no assurance can be given that any proposed acquisitions will be consummated at all.