CHICAGO, Feb. 28, 2019 (GLOBE NEWSWIRE) -- United American Healthcare Corporation (OTC: UAHC), an emerging technology holding company, today announced the appointment of Dr. Katrina Cornish as scientific advisor of its wholly-owned subsidiary American Sustainable Rubber Company, LLC (“ASR”), an indoor agriculture technology company focused on creating a domestic solution to natural rubber production.
Dr. Cornish has over thirty years of experience working in rubber biosynthesis and alternative feedstocks in the Government, Commercial, and University sectors. She is the Ohio Research Scholar and Endowed Chair of Bio Emergent Materials at The Ohio State University. Dr. Cornish is a fellow of the National Academy of Inventors and the American Association for the Advancement of Science, and CEO of EnergyEne, Inc.
“We are thrilled to have Dr. Katrina Cornish supporting our research and development team as scientific advisor of American Sustainable Rubber,” said Timothy Madden, President of ASR. “Dr. Cornish is a globally known expert on genetic modification and biochemistry of alternative rubber plants, as well as rubber and latex production, processing, and products. She is the original researcher who demonstrated that rubber could be sourced from hydroponic plants and from genetically altered plants, which we plan to leverage to commercial and scale natural rubber production. Having her as an advisor to our team is a nod to our strategic plan to bring a natural rubber supply to the United States. We believe that her years of experience working in the rubber and plant science industries, paired with her research capabilities, will enable us to achieve our mission and change natural rubber production as we know it.”
Dr. Cornish currently leads a program on alternative rubber production, bio-based fillers, and exploitation of opportunity feedstocks from agriculture and food processing wastes for value-added products and biofuels, among her other projects. She has authored over 250 papers and holds 20 patents.
“I am honored to be appointed scientific advisor of ASR and look forward to working closely with Timothy Madden, President of ASR, and the entire team on creating a natural rubber solution for the United States market at a commercial and sustainable level,” said Dr. Cornish. “I am passionate about the work that ASR is doing and look forward to bringing the vision to fruition.”
For more information on the new, wholly-owned subsidiary, please visit AmericanRubber.com. Additionally, interested parties can subscribe for updates and more information.
About American Sustainable Rubber Company, LLC
American Sustainable Rubber Company, LLC is an indoor agriculture firm pursuing proprietary technology to produce natural rubber in the United States at a commercial and sustainable level through the production of genetically modified crops.
About United American Healthcare Corporation
United American Healthcare Corporation (“UAHC”), through its subsidiary UAHC Ventures, LLC, pursues strategic investment opportunities in various emerging growth industries. UAHC subsidiary Pulse Systems, LLC, is a contract manufacturing company that provides services to the medical device industry and American Sustainable Rubber Company, LLC (“ASR”), is an indoor agriculture technology company focused on creating a domestic solution to natural rubber production.
Forward-looking Statements
Certain information set forth in this press release contains forward-looking statements, the achievement or success of which involves risks, uncertainties, and assumptions. These statements are not guarantees of future performance and undue reliance should not be placed on them. If any such risks or uncertainties materialize or if any of the assumptions proves incorrect, the results of the company could differ materially from the results expressed or implied by the forward-looking statements we make. Some of the forward-looking statements include market demand information, expected development of the business, execution of the vision and growth of the company, completion of its projects, and the renewal of certain licenses and supplier relationships. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment.
Some of the specific risks and uncertainties involved the company’s business plan include, but are not limited to, the following: (i) the possibility that the company will not achieve its objective of becoming a leading provider of natural rubber through the further development of the TK dandelion for such purposes; (ii) the commercialization of alternative technological advancements that could render the company’s solutions less valuable in the marketplace; (iii) the failure of the company to successfully develop and commercialize the technology that it licenses; (iv) the inability of the company to obtain the financing it needs to carry out its business plans; (v) the inability of the company and its partners to modify the TK dandelion to a point where it contains enough natural rubber to make a commercially viable product; (vi) a market shift away from natural rubber to synthetic rubber or other substitutes; (vii) the development by competitors of alternative ways to produce natural rubber that render the dandelion approach comparatively ineffective; (vii) challenges based on intellectual property claims could be brought against the company or its licensor; and (viii) other market factors, including without limitation, macroeconomic, regulatory, tax policy, cyber security, currency, climate change, international trade and geopolitical risks.
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