HUDSON TECHNOLOGIES HIRES RIYAZ PAPAR TO SPREARHEAD
COMMERCIAL DEPLOYMENT OF PERFORMANCE MONITORING & OPTIMIZATION
PEARL RIVER, N.Y. – July 29, 2004 – Hudson Technologies, Inc. (Nasdaq:
HDSN),
a leading refrigerant services company specializing in proprietary
on-site decontamination services for large comfort, process cooling
and industrial refrigeration systems, today announced that Riyaz
Papar, PE, CEM has joined the Company as Director of Energy Assets
and Optimization.
Mr. Papar, who previously served as a consultant to Hudson, has over
12 years of experience as an energy engineer and independent energy
consultant, working with such diverse companies as Energy Concepts
Company, Del Monte Foods, Consolidated Edison and Enron Energy
Services.
During his career,
he has also worked with a wide array of government agencies,
including the U.S. Department of Energy, Lawrence Berkeley National
Laboratory and Oak Ridge National Laboratory on increasing the
efficiency of industrial energy systems and BestPractices. Notably,
Mr. Papar is recognized by the U.S. Department of Energy as a
Qualified "BestPractices" Steam Tools Specialist and is one of a
handful of people designated as a U.S. Department of Energy
qualified Steam End User Training Instructor.
Kevin J. Zugibe,
chairman and chief executive officer of Hudson, commented, "During
the past two years that Riyaz has worked as a consultant to Hudson,
he played an instrumental role in developing and commercializing
Hudson's Performance Monitoring & Optimization offering, which is
designed to improve the operating efficiency of chiller and
refrigeration systems and to increase overall system capacity.
Riyaz is the perfect candidate to spearhead the commercial
deployment of Hudson's offering. We believe the potential market for
Performance Monitoring & Optimization is significant, and we look
forward to the progress Riyaz can make in introducing this program
to our clients nationwide."
Mr. Papar has a
Bachelor of Technology in Mechanical Engineering from the Indian
Institute of Technology and a Master of Science in Mechanical
Engineering from the University of Maryland, where he specialized in
Refrigerants and Energy Systems. He currently serves as a voting
member ASHRAE's TC1.10 (Cogeneration), TC1.11 (Electric Motors &
Control) & TC8.2 (Centrifugal Machines). Mr. Papar was also the past
Chair of the Process Industries Division of the ASME and is
currently a Member of the Nominating Committee of the ASME.
Hudson Technologies, Inc. is a leading
provider of innovative solutions to recurring problems within the
refrigeration industry. Hudson’s proprietary RefrigerantSide®
Services increase operating efficiency and energy savings, and
remove moisture, oils and other contaminants frequently found in the
refrigeration circuits of large comfort cooling and process
refrigeration systems. Performed at a customer’s site as an
integral part of an effective scheduled maintenance program or in
response to emergencies, RefrigerantSide® Services offer significant
savings to customers due to their ability to be completed rapidly,
and can be utilized while the customer’s system continues to
operate. In addition, the Company sells refrigerants and provides
traditional recovery and reclamation services to the commercial and
industrial air conditioning and refrigeration markets.
Investor Relations Contacts:
Company Contact:
Harriet Fried/John
Heilshorn
Brian F. Coleman, President & COO
Lippert/Heilshorn & Associates
Hudson Technologies, Inc.
(212) 838-3777
(845) 735-6000
hfried@lhai.com
bcoleman@hudsontech.com
