Former SC Johnson Worldwide Chief Technical Officer Joins Double Eagle Holdings Board
AVENTURA, Fla., June 2, 2011 /PRNewswire/ -- Double Eagle Holdings, Ltd. (Pink Sheets: DEGH) announced today that it has added Dr. Richard Hutchings, the former worldwide Chief Technical Officer at SC Johnson and global R&D Director of many of SC Johnson's most recognizable consumer products, to the company's Board of Directors. Double Eagle Holdings is the parent company of Fuse Science, Inc. (www.fusescience.com), developer of new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals.
"The significance of the Fuse Science technology demands proven leadership to drive the company forward, and we are now in the final stages of expanding our board of directors, science team and expert advisory panel through a comprehensive selection process," said Brian Tuffin, the company's President and Chief Operating Officer. "Dr. Hutchings' commitment is a clear sign that we have the ability to attract the world's top consumer products executives and that we are moving aggressively in the right direction."
Hutchings began his professional career in 1983 with Drackett Company, where he served as director of such products as Windex™, Endust™, Vanish™, and Renuzit™. Under his leadership, Drackett secured patents for sodium chlorite-based odor elimination, oxidation chemistry, and the invention of the Vanish™ Drop-ins automatic toilet bowl cleaner. When SC Johnson acquired Drackett in 1992, Hutchings remained and advanced through a series of senior roles including service on the acquisition team for Dow Brands and subsequently as global head of research, development and engineering for the launch of both the Glade™ Liquid Electric Air Freshener and Oust™ Odor Eliminator, before becoming SC Johnson's global Chief Technical Officer.
Hutchings holds a bachelor's degree in chemistry and physics from Mercer University and a PhD in physical chemistry from the University of Tennessee, Knoxville, where his thesis work focused on solution thermodynamics. He has served on several SC Johnson corporate boards throughout the world.
In the coming weeks, Fuse Science expects to formally introduce the first in a series of innovative performance products for aspiring athletes and energy seekers under the "EnerJel" brand. EnerJel showcases the first all natural, trans-dermal technology to address high performance muscle fatigue so athletes can perform at their natural best with more rapid results.
Tuffin also reported that the company has recently completed a series of product endorsement contracts with some of professional sports' most notable athletes, and expects to announce these in conjunction with the formal launch of the company's products in the coming weeks.
"Fuse Science has been deliberately patient in our efforts to execute on all facets of our strategic plan," added Tuffin. "We are building shareholder value each step of the way and will continue to develop the foundation so that the company is built for long-term, sustainable growth."
About Double Eagle Holdings
Double Eagle Holdings (Pink Sheets: DEGH) is an innovative consumer products holding company and the parent company of Fuse Science, Inc. Based in Aventura, Florida, Fuse Science is the developer of patent-pending conveyance technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals, delivering their benefits faster and more effectively than ever before. Information about Fuse Science is available online at www.fusescience.com or by calling 305-503-FUSE (3873).
Safe Harbor Statement: Certain statements and information included in this release may constitute "forward-looking statements" as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the company's SEC filings. The company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.
Media Contact:
Liza M Santana
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SOURCE Double Eagle Holdings, Ltd.
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