PROVIDENCE, R.I., Aug. 31, 2011 /PRNewswire/ -- HDS International
Corp. (OTCQB: HDSI), a provider of industrial ocean-based biomass
production and other high-value eco-sustainability solutions, today
announced that renowned scientist Alexander
M. Chirkov, PhD, MD will be joining the Company as Chief
Scientific Officer, effective immediately.
Under the terms of today's agreement, Dr. Chirkov will be
responsible for the Company's technology and innovation programs,
including the development and acquisition of new technologies, and
will also directly supervise the Company's production and research
projects.
Dr. Chirkov has 25 year experience in fundamental and applied
research in biophysics. His primary fields of expertise include
energy balances of biological systems, from single-cell organisms
to integrated ecological systems. Dr. Chirkov has created models to
help understand and manage energy balances, from consumption to
production and redistribution. Over the past ten years, Dr.
Chirkov has been actively involved in the development of the new
scientific discipline of algae to energy. His interdisciplinary
approach and extensive experience with algae research makes him an
invaluable asset for the implementation of our technologies and the
creation of new technologies. For the past 4 years, Dr.
Chirkov has been a member of the Algal Biomass Organization as well
as a member of its peer review committee. Dr. Chirkov is the
inventor of certain of the Company's breakthrough technologies and
intellectual property.
"The appointment of Dr. Chirkov to our team is a
transformational development for HDS International, and we are
pleased to welcome Dr. Chirkov to our team today," said Tassos D.
Recachinas, HDS President and CEO. "Today's announcement
significantly strengthens HDS International and firmly positions
the Company at the forefront of the algae-to-biofuels and carbon
sequestration industries."
"I am delighted to join the HDS management team," said Dr.
Chirkov. "HDS is well positioned to dramatically advance the
algae-to-energy and carbon sequestration industries, as well as
address the significant long-term problems of eco-sustainability
and energy independence, and I look forward to making my
contributions to drive long-term shareholder value at the
Company."
About HDS International Corp.
HDS International Corp. (OTCQB: HDSI), based in Providence, RI, is a green technology company
providing carbon capture and sequestration solutions, as well as
industrial, all natural ocean-based algae farming solutions for the
production of renewable, sustainable, and economically viable
biofuels, bioproducts, and carbon elimination. Our licensed
technologies provide us with an attractive strategic position and
competitive advantages within our markets, which include renewable
energy and environmental and eco-sustainability.
Forward-Looking Statements
Statements included in this update that are not historical in
nature, are intended to be, and are hereby identified as,
"forward-looking statements". Forward-looking statements may be
identified by words including "anticipate," "believe," "intends,"
"estimates," "expect," and similar expressions. The Company
cautions readers that forward-looking statements including, without
limitation, those relating to the Company's future business
prospects are subject to certain risks and uncertainties that could
cause actual results to differ materially from those indicated in
the forward-looking statements, due to factors such as those
relating to economic, governmental, technological, and other risks
and factors identified from time to time in the Company's reports
filed with the SEC.
HDS International Corp.
CONTACT INFORMATION
401-400-0028
info@hdsicorp.com
http://www.hdsicorp.com
SOURCE HDS International Corp.