Electronic Sensor Technology Inc. Announces Resignation and Appointment of Chief Financial Officer
March 13 2012 - 1:36PM
Marketwired
Electronic Sensor Technology Inc. (PINKSHEETS: ESNR), a leading
provider of ultra-fast vapor analyzers, announced today that Mr.
Steve Wang has been elected at Chief Financial Officer replacing
Mr. Phil Yee, who resigned on 21 February 2012.
Mr. Wang is an experienced financial officer. He joins EST after
being the CFO of China Health Care Acquisition Corporation, an AMEX
listed company, and CFO of Ancogen, a development stage biotech
company.
"We welcome Steve's joining EST at this time. Our business is
more focused on expanding on the successes we have had in China.
Steve's experience in negotiating business alliances, his fluency
in Chinese and his contacts in China will be a great asset as we
expand our presence in the country," said Dr. Peong Lim.
The zNOSE is a very versatile, ultra-fast Gas Chromatography
instrument (GC). More than 600 instruments have been sold around
the world. The instrument is used wherever real time analysis of
volatile organic compounds and vapors is required. These include
detection of contamination of drinking water supplies, detection of
explosives, narcotic contraband and food adulteration. It is used
in medical research to detect trace amounts of volatile organic
compounds found in human breath that are associated with lung
cancer and other diseases. For more information, please visit our
website at http://www.estcal.com.
About Electronic Sensor Technology: Founded in 1995, Electronic
Sensor Technology has developed and patented a chemical vapor
analysis process. EST's product provides near real time analysis of
gasses detecting volatile organic compounds in amounts as low as
one part per trillion. EST's product has been shown to detect
salmonella and e-coli contamination of food sources; chemical
warfare agents such as Sarin and Agent Orange and Chemical
pollutants in the environment.
SEC Filings and Forward-Looking Statements This press release
includes forward looking statements, including the Company's
expectations regarding its ability to develop and access capital
markets and its ability to achieve expected results in the chemical
detection and analysis industry. The forward looking statements are
identified through use of the words "potential," "anticipate,"
"expect," "planned" and other words of similar meaning. These
forward-looking statements may be affected by the risks and
uncertainties inherent in the chemical detection and analysis
industry and in the Company's business. The Company cautions
readers that certain important factors may have affected and could
in the future affect the Company's beliefs and expectations and
could cause the actual results to differ materially from those
expressed in any forward-looking statement made by or on behalf of
the Company.
Contact: Electronic Sensor Technology William Wittmeyer
805-480-1994 ext 105 805-214-1860 direct 650-714-0823 cell
http://www.estcal.com
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