BAT Adds Four Ph.D.'s to Technical Advisory Board
12 March 1999
BAT Adds Four Ph.D.'s to Technical Advisory BoardCHULA VISTA, Calif., March 12 -- BAT International Inc. (OTC Bulletin Board: BAAT) today announced that it has expanded its Technical Advisory Board with the addition of four Ph.D.'s. Mr. Joe LaStella, President of BAT stated, "The four new members add a vast knowledge base and bring significant expertise to the BAT technical staff. Their breadth of knowledge and years of R&D experience will enable the company to better evaluate the many new technology projects which are continuously offered to BAT. In addition, the Technical Advisory Board along with BAT's technical staff will provide a 'think tank' support system for the many companies in which BAT presently holds substantial equities." The four new members are as follows: Dr. Jorge Montiel Montoya, Ph.D. Extensive experience in chemical engineering, agricultural research and development, quality assurance, consultant on many environmental projects in Mexico, and winner of four national awards for food science and technology. Presently performing bio-fuel development studies for Southern States Power Co. (40% owned by BAT) joint venture project. Dr. Paul Poduska, Ph.D. Formerly Assistant Dean for Research and Planning at the University of New Hampshire, Principal Engineer for Digital Equipment Corporation, Associate Scientist for McDonnell Douglas Company, cofounder of several software startup companies, and recent author of a book about the Linux operating system, Dr. Poduska is presently Director of Information Technology at BAT including manager of BAT's extensive Internet and web site presence, technical documentation, and computer services. Dr. A. J. Prasad, Ph.D. MIT graduate, taught at Columbia University. Owner of HBL in India, a company employing 900 personnel, which manufactures high-end advanced batteries for military and industrial sectors. Ultra Force Battery Co. (owned 75% by BAT) is presently building a joint venture battery plant with HBL. Dr. Boris Tenser, Ph.D.- Professor of Electrochemistry at Rechargeable Battery Institute in St. Petersburg, Director General of the Battery Department for Space and Satellite Applications. First inventor of the 12-volt battery based on nickel hydrogen chemistry. Holds 90 different patents in many countries worldwide. Author of six books on batteries. Presently working on sealer patent research for BAT's subsidiary, Ultra Force Battery Co. The new members of the Technical Advisory Board will enable BAT to increase its performance as a "holding company". A "holding company" derives its net worth from the stock equity that it holds in its subsidiary companies, including dividends from equity holdings and royalties from licensing agreements. BAT provides the startup technologies and in some instances startup funding along with the overall business coordination to launch high technology companies. The Technical Advisory Board enables BAT to address the diverse, complex technical aspects of starting these high tech companies. From the outset, BAT's mission has been to develop and bring to market many advanced technologies that will help improve the world's rapidly deteriorating environment. BAT's international name has attracted a host of innovative technologies that are constantly being offered to the company. BAT has expanded its technical advisory staff to increase its ability to review new proposals in the following areas: -- Evaluating new technology proposals that conform with BAT's environmental mission. -- Contracting with technology partners to form a solid business relationship. -- Assisting in the startup business funding. -- Providing business management consulting. -- Assisting in research and development programs. -- Providing resources for bring products to market after R&D is completed. -- Directing initial marketing and distribution efforts. -- Assisting new business entities in becoming self-reliant and feeding profits back to BAT and increasing BAT's equity holdings. In 1998, BAT helped launch two new high-tech companies and assisted in forming four new joint venture projects. Two new patents were filed by BAT, its subsidiaries and associated scientists. Numerous patents are now under review for further patent filings. The expansion of BAT's Technical Advisory Staff with four additional Ph.D advisors having a variety of industry experience will be a great asset to the company in providing expertise for further company expansion. BAT International is organized as a holding company with major ownership position in a set of subsidiary companies now commercializing advanced automotive and energy technology products developed by BAT over the last six years. This includes electric vehicles, super-efficient or high power engines, advanced batteries and power electronics, lubricant additives, and electric power generation, (for information, see http://www.baat.com). This press release contains forward-looking statements that should not be used to make an investment decision. Please refer to the company's web site and other sources for more detailed company information (Investor Relations, (619) 409-8977).