|
|
SpatialNews Press Release
Earth Search Sciences Announces Hiring of New President
KALISPELL, Mont., June 11, 2001--Earth Search Sciences, Inc. (OTCBB:EDIS - news)
announced today that it has hired John Sciuto as President of ESSI.
Earth Search has selected John Sciuto as President based on his proven track record in executive positions at other
technology companies. ``Sciuto was formerly President and Chief Executive Officer of Comptek Research, Inc. from
1996 to 2000 when Comptek was acquired by Northrop Grumman in August, 2000. Under his leadership, Comptek
tripled sales in four years, completed four successful and accretive acquisitions, tripled sales from $50million to $150
million and grew in size from a company of 600 employees to a company of 1400 employees.
During this same period Comptek's stock price increased from less than $5.00 per share to $21.00 per share,
resulting in a market valuation that increased by 800% from $25 million to more than $200 million.``
``Earth Search is ready for an executive with John Sciuto's professionalism and history as a proven leader,'' said Larry
Vance, chairman of Earth Search Sciences, Inc. ``We are very pleased to have him aboard and are very fortunate to
be able to attract an executive of his quality. We are looking forward to working with him.''
ESSI has developed its remote sensing technology into several independent applications such as hydrocarbon
exploration, mineral exploration, environmental monitoring and online data archiving. Each of these applications is
poised to grow into a thriving business. Petro Probe, Inc. has participated in a producing gas well and anticipates
further successes in the near future. Eco Probe, Inc. is currently flying over several areas of the United States
collecting data for environmental monitoring purposes. The data archive has been inputting imagery and is close to
making its products available to the world online.
``Earth Search Sciences, Inc. has been instrumental in advancing 'REMOTE SENSING' technology to its highest
level,'' said Sciuto. ``Now its simply a matter of maximizing the value of this potential for the benefit of the Company's
shareholders, customers and employees.''
For more information call 406/751-5200 or e-mail earthsrch@aol.com or www.earthsearch.com.
This news release includes forward-looking statements that involve a number of risks and uncertainties. The
information reflects numerous assumptions as to industry performance, general business and economic conditions,
regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company.
Similarly, this information assumes certain future business decisions that are subject to change. There can be no
assurance that thee results predicted here will be realized. Actual results may vary from those represented and those
variations may be material.
Contact:
Earth Search Sciences
Tim Monroe, 406/751-5200
earthsrch@aol.com / www.earthsearch.com
Search GeoCommunity for Related Stories
More News Headlines
|
|
Sponsored by:
For information
regarding
advertising rates
Click Here!
|
