RED BANK, N.J., Jan. 5, 2011 /PRNewswire/ -- ThermaFreeze Products Corporation (ThermaFreeze) (Pink Sheets: TZPC), the maker of patented, innovative refrigerant products designed for consumer, commercial, sports and medical use, today announced the resignation of Mr. Marshall Sterman from their Board of Directors. Ms. Ilda Cartaxo, a significant investor in ThermaFreeze, has been named Chairman of the Board to replace Mr. Sterman.
Mr. Sahin Atlas, Chief Executive Officer of ThermaFreeze stated, "Ms. Cartaxo's experience as a highly successful entrepreneur in several business ventures makes her an excellent choice to help guide the Company during what we expect to be an exciting growth phase in the Company's development."
About ThermaFreeze Products Corporation
ThermaFreeze(TM) Products Corporation manufactures and markets a patented, innovative refrigerant product designed for use in the commercial shipment of perishables and for use as a consumer compress and chiller product. The ThermaFreeze refrigerant is flat, lightweight and flexible, even when frozen, making it more convenient and cost-effective to use than ice, gel packs, ice bricks and dry ice.
Safe Harbor for Forward-Looking Statements
Statements made in this release with the respect to the Company's current plans, estimates, strategies and beliefs and other statements that are not historical are forward-looking statements. Forward-looking statements include, but are not limited to, those statements using words such as "believe," "expect," "plans," and words of similar meaning in connection with a discussion of future operations, financial performance, events or conditions. Statements are based on management's assumptions and beliefs in light of the currently available information. The Company cautions that a number of important risks and uncertainties could cause actual results to materially differ from those discussed in the forward-looking statements and, therefore, undue reliance should not be placed on them.
ThermaFreeze Products Corporation
CONTACT: Richard Falcone of ThermaFreeze Products Corporation,
1-877-777-8397, r.falcone@thermafreeze.com
