NEW YORK, Oct. 16, 2006 (PRIMEZONE) -- Commodore Applied Technologies, Inc. (OTCBB:CXIA) announced today that it has hired RedChip Companies and the Aurelius Consulting Group, Inc. to lead its institutional and retail investor relations programs.
Dr. Shelby Brewer, CEO of Commodore Applied Technologies, Inc. stated that, "Our decision to choose RedChip Companies and the Aurelius Consulting Group, Inc. to lead our investor relations program was based on their proven record of professionalism, integrity, and results in helping emerging growth companies create awareness among investors." Dr. Brewer added that, "We look forward to having RedChip Companies as part of our team, and we are confident that their programs will be a vital part of our Company."
Dave Gentry, president of RedChip Companies commented, "We are very pleased with the opportunity to represent Commodore Applied Technologies, Inc. We look forward to leveraging a comprehensive investor relations programs to broaden their exposure to the investment community."
About Commodore Applied Technologies, Inc.
Commodore Applied Technologies, Inc., headquartered in New York, is a diverse technical and environmental services company focused on high-end environmental markets. The Commodore family of companies includes subsidiaries Commodore Advanced Sciences, Inc., and Commodore Solution Technologies, Inc. The Commodore Companies provide environmental services and patented remediation technologies designed to treat hazardous waste from nuclear and chemical sources. Commodore delivers its environmental services to its clients through its wholly-owned subsidiary Commodore Advanced Sciences, Inc., headquartered in Richland, Washington.
About RedChip Companies and Aurelius Consulting Group, Inc.
RedChip Companies is a well-established source of independent research dedicated to "discovering tomorrow's blue chips today(tm)." RedChip Visibility(tm) provides publicly-traded small-cap companies an opportunity to present their business to institutional and individual investors by holding corporate visibility programs. The Aurelius Consulting Group is an affiliate of RedChip Companies and is an internationally recognized investor relations firm, known for its ability to help emerging growth companies build a loyal following of retail and institutional investors.
The RedChip Companies Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2761
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Any statements that are not historical facts contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, intellectual property rights, the outcome of competitive products, risks in product development, the results of financing efforts, the ability to complete transactions, and other factors discussed from time to time in CXIA Securities and Exchange Commission filings. CXIA undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.