Just wanted to follow-up... You had asked about information on Wolf Industries (OTCBB:WLFN) and I thought I'd let you know there was a news release out on Thursday. I'm working with the company on the IR side and attended a dental conference on Friday where they showcased their product. Incredible feedback from the dentists. They all wanted the product yesterday. They're showcasing the product at another conference in Portland coming up and are planning to attend the San Francisco conference, along with the big one in New York.
Bid and ask on the stock as of Friday was 75 cents to 81 cents and the volume was 160,000 shares.
Wolf Industries Inc.
News Release 98-01
March 12, 1998 L-WLFN
Mr. Blair Coady, President of Wolf Industries Inc., is pleased to announce the appointment of Mr. Patrick McGowan to the Board of Directors effective immediately. Mr. McGowan holds a Bachelor of Science Degree in Finance and Economics from the University of Oregon, a Masters of Business Administration (MBA) degree from the
University of Western Ontario and has completed the Securities Program I and II from Simon Fraser University. Mr. McGowan has a varied and impressive business background which includes National Sales Manager for McNeil Laboratories (Canada) Ltd., a subsidiary of Johnson & Johnson and as such was instrumental in the introduction of Tylenol into the Canadian market together with other major pharmaceutical products. In addition, Mr. McGowan was Executive Vice President of Flecto Coatings (Canada) Ltd. and The Flecto Company in Oakland, California, manufacturer and marketers of
Varathane liquid plastic. His responsibilities included the management of overall operations in addition to being a member of the Board of Directors. Recently Mr. McGowan has been associated with the Hemisphere Group of Companies responsible for economic analysis and business evaluations. Mr. McGowan will bring valuable experience and insight to Wolf Industries Inc. Board of Directors for strategic planning and possible business acquisitions.
Further, the Company is pleased to announce that it has entered into negotiations with ANDREW ENGINEERING INC., whereby Andrew Engineering will license a Patent and transfer all accompanying proprietary knowledge applicable to a certain Dental Colour Analyzer on a world wide basis to the Company.
The Patented Dental Colour Analyzer was developed to assist the dental industry by determining the shades and colours of dental materials used in replacement and/or restorative work in dentistry, and precisely matching these shades to the original teeth of patients.
The Dental Colour Analyzer is designed to discriminate between the most minute differences in tooth colouring, and determine the best colour match for partial or total replacement restorative material. The device takes account for "metamerism", i.e. differences in colour perception of spectrally unmatched materials when illuminated with
different light sources such as sunlight, incandescent lamps, and fluorescent lamps.
For additional information contact Amanda Marley-Clarke at 1-888-253-6657.