Business Services Industry
Isonics Corporation Retains Suzanne Mencer as Homeland Security Advisor and Strategist; Former Director of the Office of Domestic Preparedness to Help Isonics Penetrate the Homeland Security Market
Business Wire, Jan 5, 2006
GOLDEN, Co. -- Isonics Corporation (NASDAQ: ISON), a developer of innovative solutions for the homeland security and semiconductor markets, announced today that it has hired C. Suzanne Mencer, a senior policy advisor with Brownstein Hyatt and Farber, as its homeland security advisor and strategist.
"Ms. Mencer was recommended to us by one of our Directors, Stewart Verdery, Jr., who was her colleague at the Department of Homeland Security when he was serving as Assistant Secretary for Border and Transportation Security Policy and Planning," related James Alexander Isonics' Chairman & CEO. "At that time, Sue was Director of the Office of Domestic Preparedness which gives her particular insight into the various state and local homeland security organizations which are potential customers for our detection products and risk assessment services. We believe her high-level contacts, and experience developed over 20 years with the FBI, will prove invaluable as we grow our business."
Mencer was the Director of the Office for Domestic Preparedness (ODP) in the U.S. Department of Homeland Security (DHS), where she served under President George W. Bush. As Director, she administered more than 25 programs and initiatives and managed a budget of more than $4 billion to equip states, local jurisdictions, regional authorities and tribal communities to prepare for, prevent, and respond to acts of terrorism. A 20 year veteran of the FBI, Mencer started and supervised the Denver Joint Terrorism Task force. She was subsequently appointed and served for three years as the Executive Director of the Colorado Department of Public Safety.
"I am excited about working with Isonics as they offer a portfolio of products and services which I know are sorely needed by first responders at the state and local level as well as in the private sector," said Mencer. "I am optimistic about our abilities to craft and help execute an effective strategy for marketing these products and services to interested customers with approved budgets for such items."
Brownstein Hyatt & Farber's team of seasoned homeland security strategists, led by Mencer, has practical experience working with all 22 component agencies in the DHS, as well as state and local government.
About Brownstein Hyatt & Farber:
Founded in the late 1960's, today Brownstein Hyatt & Farber has a national client base and offices in Denver and Aspen, Colorado, Washington, D.C., Albuquerque, N.M. With over 125 attorneys and legislative consultants in its four offices, the firm represents leaders in industries ranging from telecommunications, technology, homebuilding, manufacturing, and consumer products to retail, hospitality, construction, energy, entertainment, insurance and banking and finance.
About Isonics Corporation
Isonics Corporation has three business divisions: (1) Homeland Security and Defense (2) Semiconductor, and (3) Life Sciences. Isonics is a world leader in isotopically engineered materials and through its semiconductor division produces isotopically pure silicon-28 chemicals, silicon-on-insulator wafers, wafer reclaim services and test wafers, including 300mm, for the semiconductor industry. Isonics' Life Sciences division markets and sells isotopes to the health care industry for the imaging and treatment of cancer. Stable isotopes can be thought of as ultra pure materials. This high degree of purification provides enhanced properties as compared to natural materials. Our efforts in the Homeland Security segment are nascent (notwithstanding our operations at Protection Plus Security Corporation) at the present time as we proceed to develop further our IMS and neutron-based detection technologies. Additional information may be obtained at the Company's Web site at www.isonics.com.
Cautionary Statement
Except for historical information contained herein, this document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve estimates, assumptions, known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Further, the Company operates in industries where securities values may be volatile and may be influenced by regulatory and other factors beyond the Company's control. Other important factors that the Company believes might cause such differences are discussed in the risk factors detailed in the Company's 10-KSB for the year ended April 30, 2005 and reports subsequently filed with the Securities and Exchange Commission, which include the Company's historical cash flow difficulties, dependence on significant customers, and rapid development of technology, among other risks. In assessing forward-looking statements contained herein, readers are urged to carefully read all cautionary statements contained in these filings with the Securities and Exchange Commission.
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