HOUSTON, Feb. 12, 2004 (PRIMEZONE) - The following is being issued by Redox Technology Corporation (OTCBB:RDOX):
Dear Shareholder,
I would like you to know that I have accepted, on a temporary basis, the positions of President and Chairman of Redox Technology Corporation. It will be my policy from this day forward to keep you informed on a regular basis as to what your company is undertaking and what you can expect and measure in the future.
At the present time, evaluations are being undertaken on three separate fronts, any one of which, I believe, could contribute to the value of Redox. My operating method is to investigate thoroughly every undertaking before it is seriously considered. There is no doubt in my mind that a positive impact can be achieved to enhance the shareholder value of your company.
Your company's first shareholder meeting will take place this spring. I hope you will be able to attend this inaugural event. I look forward to the opportunity of meeting you.
James Schuler
This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.