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Starmet Corporation Appoints Interim Chief Financial Officer

    CONCORD, Mass, March 3 /PRNewswire/ -- Starmet Corporation (Nasdaq: STMT),
a Concord, Massachusetts based manufacturer of specialized metal products,
today announced that its Board of Directors has appointed William F. Loftus to
the position of Interim Chief Financial Officer.
    Mr. Loftus is a principal in Claymore Partners Ltd., a New York based
consulting firm.  Mr. Loftus's background includes several key positions with
management and executive level responsibilities at E. I. DuPont de Nemours &
Company (1969 to 1979) and Allied Signal, Inc. (1979 to 1989) and USAir (CFO
1989 to 1990).  Mr. Loftus has extensive experience on a national scale in
consulting and interim CFO/CEO responsibilities for numerous middle market
companies.


SOURCE Starmet Corporation




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    Communications of Starmet Corporation, 978-369-5410