BOCA RATON, Fla., June 2 /PRNewswire-FirstCall/ -- DDS Technologies USA,
Inc. (OTC Bulletin Board: DDSU), http://www.ddstechusa.com, today announced
the appointment of Robert Rosen as a member of the Board of Directors.
Robert Rosen, 56, has served as a Managing Member of Greyhawke Capital
Advisors LLC since 1998. The Stamford, Connecticut-based company invests
capital in, and applies management expertise to, corporate and asset
restructuring in selected investment opportunities generally involving real
estate or distressed assets. The company controls assets with a gross asset
value of more than $500,000,000.
From 1990 through 1998, Mr. Rosen was Chief Executive Officer and a
Director of Odin Management Company, LP and Newkirk Limited Partnership, two
companies, which were formed to manage operations of 175 limited partnerships
that were syndicated by Integrated Resources, Inc. These companies and the
assets they controlled were sold in 1997 and 1998. Prior to 1990, Mr. Rosen
practiced real estate and securities law as a senior partner at Hertzog,
Calamari & Gleason and Rosen, Hacker & Nierenberg.
DDS Technologies President Spencer Sterling, said, "I am delighted to have
someone with Mr. Rosen's business experience and financial acumen as a member
of the DDS management team. His record of success in facilitating the growth
of corporate enterprises will help DDS implement its strategic plans to
capitalize on the opportunities of our technology."
Mr. Rosen graduated cum laude with departmental honors in political
science from the University of Massachusetts. A Harlan Fiske Stone Scholar
and a graduate of Columbia Law School, Mr. Rosen serves as Co-Chairman of the
Honorary Board of Kids in Crisis, a children's crisis intervention center in
Fairfield County, Connecticut. He is a Trustee of the Washington Institute
for Near East Policy and a member of the Columbia Law School Board of
Visitors. He resides in Greenwich, Connecticut with his wife Nancy.
ABOUT DDS TECHNOLOGIES
DDS Technologies USA, Inc. holds the rights to a revolutionary processing
technology which maximizes the net output of a broad spectrum of agricultural
products. The Company's new DDS System utilizes a new longitudinal
micrometric separator, along with other technologies, to separate various
fractions (proteins, fiber, starch, etc.) and converts processing waste
streams into value added products for further processing or resale.
The DDS System is a unique process whereby fragments of organic and
inorganic matter are "crushed to collision" through violent accelerations and
decelerations causing the disaggregation of the structure. As part of the
process, the matter is separated into the various fractions contained therein.
DDS Technologies USA, Inc. is a development stage company, which holds the
exclusive license for the DDS dry disaggregation system in North America,
South America, Central America, the Caribbean (excluding Cuba) and Africa.
Certain statements in this news release that involve expectations or
intentions (such as those relating to future deployments or planned
operations) may constitute forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The information in this
press release is based on current expectations and assumptions, and is subject
to a number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. Such risks include, among others,
general business and economic conditions, competitive actions, continued
acceptance of products and services and dependence on third party performance
as well as the risks and uncertainties referred to in DDS Technologies USA's
and Fishtheworld Holding's current filings with the Securities and Exchange
Commissions. The reader should not place undue reliance on such forward-
looking statements. DDS Technologies USA does not assume any obligation to
update such forward-looking statements.
CONTACT: Spencer L. Sterling, President & CEO
DDS Technologies USA, Inc.
561-750-4450
Carl Hymans
G. S. Schwartz & Co.
212-725-4500, ext. 310
carlh@schwartz.com
SOURCE DDS Technologies USA, Inc.
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Related links:
http://www.ddstechusa.com
CONTACT:
Spencer L. Sterling, President & CEO, DDS
Technologies USA, Inc., +1-561-750-4450; Carl Hymans, G. S.
Schwartz & Co., +1-212-725-4500, ext. 310, carlh@schwartz.com,
for DDS Technologies USA, Inc.
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