Exhibit 10.1
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NEWS RELEASE FOR IMMEDIATE RELEASE
For More Information Contact:
Phil Levin, Chairman of the Board
(419) 535-6374
N-VIRO ANNOUNCES ELECTION OF DANIEL HASLINGER AS PRESIDENT AND CEO AND CHANGES
TO ITS BOARD
Toledo, Ohio, December 27, 2004 - N-Viro International Corp. (OTC BB/NVIC.OB)
announced the election by its Board of Mr. Daniel J. Haslinger as President and
Chief Operating Officer (CEO) of the Company, effective January 1, 2005. Mr.
Phil Levin, past President and CEO, will continue as Chairman of the Board. Mr.
Haslinger, a prominent Toledo businessman, has served on the Board since 1999
and formerly chaired the Audit Committee, among other Board duties. Mr.
Haslinger was founder and owner of Micro Macro Integrated Systems Corporation,
an early innovator in computer-aided process control technology. Mr. Haslinger
sold Micro Macro to Science Applications International Corporation in 1990. Mr.
Haslinger is also co-owner of the Toledo FM radio station Fox 97.3.
N-Viro also announced the election of Mr. Carl Richard to the Board. Mr.
Richard is Vice-President and co-owner of PR Transportation, a Toledo-based
business, and is a significant and long-time investor in N-Viro. With the prior
election of Mr. Joe Scheib, an accountant and chair of the Audit Committee, the
Company's Board is now fully in compliance with Sarbanes-Oxley requirements for
independent and qualified directors.
President Haslinger stated, "Coming from a farm background and then moving into
the world of technology, I have always admired N-Viro's vision of using
technology to transform society's by-products into agricultural resources. I
believe I can use my business development background to move the Company forward
during this period of significant change for us."
Chairman Levin also noted the importance of having an independent Board with
significant successful business experience.
About N-Viro
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N-Viro International Corporation develops and licenses its technology to
municipalities and private companies. N-Viro's patented processes use lime
and/or mineral-rich, combustion byproducts to treat, pasteurize, immobilize and
convert wastewater sludge and other bio-organic wastes into biomineral
agricultural and soil-enrichment products with real market value. More
information about N-Viro International can be obtained by contacting the office
or on the Internet at www.nviro.com or by e-mail inquiry to info@nviro.com.
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The Company cautions that words used in this document such as "expects,"
"anticipates," "believes" and "may," as well as similar words and expressions
used herein, identify and refer to statements describing events that may or may
not occur in the future. These forward-looking statements and the matters to
which they refer are subject to considerable uncertainty that may cause actual
results to be materially different from those described herein. For example,
while the Company believes that trends in sludge treatment are moving in favor
of the Company's technology, such trends may not continue or may never result in
increased sales or profits to the Company because of the availability of
competing processes. Additional information about these and other factors that
may adversely affect these forward-looking statements are contained in the
Company's reports and filings with the Securities and Exchange Commission.
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