Message #15 From:
Stock News Bot Date: December 8, 2006 05:00:00 AM
CAPS News Caprius, Inc. Appoints New Board Member
HACKENSACK, N.J.--(BUSINESS WIRE)--Caprius, Inc. (OTCBB: CAPS) is pleased to announce Kenneth Leung
was appointed to its Board of Directors effective December 6, 2006.
Mr. Leung brings over 30 years of experience in investing in the
environmental industry. He currently is a Managing Director of
Investment Banking-Environmental and the Chief Investment Officer of the
Environmental Opportunity Funds at Sanders Morris Harris Group. Prior to
joining Sanders Morris Harris, Mr. Leung served as Managing Director at
Smith Barney Inc. Mr. Leung is a contributing writer to environmental
publications and is an invited speaker at environmental and financial
conferences and trade shows. He holds a BA from Fordham College and an
MBA from Columbia University and resides in Brooklyn.
Mr. Leung is currently Chairman of American Ecology Corp., and sits on
the Boards of AeroGrow Corp., Dewpoint Environmental, Inc. and SystemOne
Technologies, Inc.
George Aaron, Chairman of Caprius, stated, “Ken
is joining our Board at a very exciting time for the Company. With most
of the R&D, as well as the arduous state approval process largely behind
us, we are now focused on building market penetration for our SteriMed
Systems. Ken brings together significant experience in both finance and
the environmental industry and we look forward to benefiting from his
expertise.”
About Caprius
Caprius, Inc. is a manufacturer of proprietary equipment for the on-site
disinfection and disposal of infectious medical waste through its
subsidiary, M.C.M. Environmental Technologies, Inc. The Company’s
innovative SteriMed technology simultaneously shreds and disinfects
solid and liquid regulated medical waste, reducing the volume by up to
90% and rendering it harmless for disposal as ordinary waste. The
SteriMed units are economical, compact, efficient and convenient, as
well as environmentally friendly. The MCM patented technology offers an
alternative to hauling and incinerating medical waste. Industry analysts
estimate the medical waste market to be approximately $3 billion in the
US and approximately $10 billion worldwide. More information on the
Company and MCM can be found at www.caprius.com
and www.mcmetech.com
