Internationally Recognized Leader of Higher Education Joins Perma-Fix Environmental Services' Board of Directors
ATLANTA, Aug. 12 /PRNewswire-FirstCall/ -- Perma-Fix Environmental Services, Inc. (Nasdaq: PESI; BSE) (Germany: PES.BE) today announced that at the Company's annual meeting of stockholders held on July 29, 2003, the stockholders of the Company elected all of the nominees listed in the Company's proxy statement to the board of directors and approved the 2003 Outside Directors Stock Plan and the 2003 Employee Stock Purchase Plan. Six of the directors were re-elected to the Board and Dr. Charles Young was elected as a new member of the board of directors.
Dr. Young currently serves as president of the University of Florida, a position he has held since November 1999. Previously, Dr. Young served as chancellor of the University of California at Los Angeles (UCLA) for 29 years until his retirement in November 1997. Dr. Young was formerly the chairman of the Association of American Universities and served on numerous commissions including the American Council on Education, the National Association of State Universities and Land-Grant Colleges, and the Business-Higher Education Forum.
Dr. Young serves on the board of directors of Intel Corp. (Nasdaq: INTC), I-MARK, Inc., and Student Advantage, Inc. Dr. Young has a Ph.D. and M.A. in political science from UCLA and a B.A. from the University of California at Riverside.
Dr. Louis F. Centofanti, Chairman and Chief Executive Officer, stated, "We are proud to have one of the most distinguished leaders in the educational community joining our board. Chuck brings a wealth of operational experience as president of the University of Florida and former chancellor of UCLA. While at UCLA, Dr. Young turned a modest regional university into a world- class education and research institution. Furthermore, he brings extensive board experience at several leading corporations, including Intel, where he serves on the corporate governance, finance, and nominating committees. We look forward to the significant contributions and independent voice Chuck will add to our board."
Perma-Fix Environmental Services, Inc. is a national environmental services company, providing unique mixed waste and industrial waste management services. The Company has increased its focus on the nuclear services segment, which provides radioactive and mixed waste treatment services to hospitals, research laboratories and institutions, numerous federal agencies including the Departments of Energy and Defense and nuclear utilities. The industrial services segment provides hazardous and non-hazardous waste treatment services for a diverse group of customers including Fortune 500 companies, numerous federal, state and local agencies and thousands of smaller clients. The Company operates nine major waste treatment facilities across the country.
Please visit us on the World Wide Web at http://www.perma-fix.com.
SOURCE Perma-Fix Environmental Services, Inc.
Released August 12, 2003