TUSCON, AZ, Aug. 06, 2018 (GLOBE NEWSWIRE) -- Energetics, Inc. (OTCQB: AERG), www.aergs.com announced today that President and Acting Chief Executive Officer, Thomas C. Dearmin, died due to unexpectedly severe complications from a recent illness on August 3, 2018 in Orange County, CA. Board member Brad Adamczyk commented, "It is with great sorrow that we announce the untimely passing of our dear friend and CEO. Tom was, and always will be, the symbol of Applied Energetics core values and dedication to our employees and partners. Tom was a larger-than-life figure who brought his remarkable passion, experience and energy to Applied Energetics. On behalf of our board of directors, management team and employees, we extend our deepest sympathies to Tom's family.”
Applied Energetics’ board of directors will assume the responsibilities of Mr. Dearmin today to ensure the continuity of its strategic direction and operations while it undertakes a search for a successor.
ABOUT APPLIED ENERGETICS INC.
Applied Energetics, Inc., based in Tucson, Arizona, specializes in development and manufacture of advanced high-performance lasers, high voltage electronics, advanced optical systems, and integrated guided energy systems for defense, aerospace, industrial, and scientific customers worldwide. Applied Energetics pioneered and holds all intellectual property rights to the development and use of Laser Guided Energy (LGE) technology, and related solutions for commercial, defense and security applications.
FORWARD LOOKING STATEMENTS
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