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Nano Chemical Systems Holdings, Inc. (OTC Bulletin Board: NCSH), announced today the appointment
of Louis Petrucci as Chief Operating Officer and Vice President of Sales. Mr. Petrucci will be responsible for the Company's Nanotechnology product launch and marketing and sales to consumers through the Mass Retailer channel.
Mr. Petrucci brings a wealth of marketing and sales experience to the
Company and has a proven track record of obtaining and increasing market
share for consumer products with large retail customers that include
Wal-Mart, The Home Depot, Target, Lowe's, K-Mart, Ace Hardware, and
Mr. Petrucci stated, "Mass Retailers such as The Home Depot are not
ordinary customers. They are so large that they are each separate markets
in and of themselves. For a product to be successful at retail the product
must be wrapped in a sales proposition that is often as innovative as the
product itself and this sales proposition must be customized to the
retailer's own unique delivery system and specifically tailored to address
the demographic profile of the retailer's customer."
Mr. Petrucci spent ten years with Black & Decker where he took on
increased levels of responsibility that lead to a position as National
Sales Manager and $113 million in sales with a 32 person organization. Most
recently, he held Vice President and other executive sales positions with
several companies and over the last six years was tasked exclusively with
responsibility for The Home Depot. He acquired intimate knowledge of the
workings of The Home Depot corporate at multiple levels and in many
distribution regions. Mr. Petrucci successfully launched new products that
gained acceptance, market share and sell-through by honing and applying
this gained knowledge base into The Home Depot specific sales propositions.
Dr. Mathew Zuckerman, President and CEO of Nano Chemical Systems
Holdings, stated, "Mr. Petrucci shares my enthusiasm for offering
Nanotechnology products to feed what we believe is a pent-up consumer
demand, coupled with the unbeatable two pronged approach of world class
technology synthesized by our Chief Technical Officer, Dr. Perumal Sekar
and highly efficient low cost manufacturing at our Sea Spray production
facility." Dr. Zuckerman went on to say that, "Dr. Sekar has graduate
degrees in Nanotechnology from Universities on three continents."
About Nano Chemical Systems Holdings, Inc.
Nano Chemical Systems Holdings, Inc. has a wholly owned subsidiary, Sea
Spray Aerosol, Inc. that produces aerosol products for its own formulas and
does private labeling for various customers. Sea Spray operates out of a
36,000 square foot facility that contains offices, research, warehouse and
manufacturing operations. The Company is also engaged in enhancing the
effectiveness of its product line using nanotechnology where applicable.
Forward Looking Statements
Certain statements in this release and other written or oral statements
made by or on behalf of the Company are "forward looking statements" within
the meaning of the federal securities laws. Statements regarding future
events and developments and our future performance, as well as management's
expectations, beliefs, plans, estimates or projections relating to the
future are forward-looking statements within the meaning of these laws. The
forward looking statements are subject to a number of risks and
uncertainties including market acceptance of the Company's services and
projects and the Company's continued access to capital and other risks and
uncertainties outlined in its filings with the Securities and Exchange
Commission, which are incorporated herein by reference. The actual results
the Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. These statements are based
on our current expectations and speak only as of the date of such
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