SOURCE: Zolon Corporation

October 19, 2010 08:45 ET

Zolon Corporation Appoints Thomas E. Sawyer, Ph.D. to the Board of Directors

ROLLING MEADOWS, IL--(Marketwire - October 19, 2010) -  Zolon Corporation (OTCBB: ZLON) today announced that the Company has appointed Thomas E. Sawyer, Ph.D. to the Board of Directors.

Dr. Sawyer joins the board with over forty years of technical and managerial experience in high-technology industries, government, and university faculties resulting in a unique combination of entrepreneurial zeal and public company discipline. In his career, he has proven excellent results while serving as chief executive officer in start-ups and turnarounds. Dr. Sawyer in recent years has been involved in large scale ventures involving infrastructure technologies for Telecom and Energy and Natural Resources. In these ventures, Dr. Sawyer has been instrumental in developing and implementing cross border management infrastructures for full profit companies. He possesses extensive experience in taking high-technology firms public while raising over $2 billion in funding. He has in-depth community relations experience at local, state, and federal levels, including service as a senior scientific advisor to three U.S. Presidents -- Nixon, Ford and Reagan.

Dhru Desai, Chairman of Zolon, stated, "We are excited to have Dr. Sawyer join our Board of Directors. He brings tremendous talent, business acumen and experience to the Company. We have no doubt that Tom's influence and guidance will accelerate Zolon's growth and we will be able to leverage our current and future opportunities more effectively by drawing on the wealth of his experience."

About Zolon Corporation
Zolon Corporation is presently focused in the Information Technology (IT) and Software enabled service areas which it has begun to enter through a series of strategic business combinations. The Company intends to target companies in the Financial Services, Health Care and Telecom sectors to create a diversified portfolio. The Company continues to actively pursue and negotiate for business acquisitions and/or combination opportunities with several targets and intends to consummate transactions in the near future to further execute our business strategy.

Forward-Looking Statements
This release contains forward-looking statements which are subject to the inherent uncertainties in predicting future results and conditions. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipate," "expects," "estimates," and similar expressions) should be considered to be forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Exchange Act of 1934, as each is amended, for which the Private Securities Litigation Reform Act of 1995 provides a safe harbor. Certain factors (including but not limited to those risk factors identified from time to time in our filings with the Securities and Exchange Commission as well as changes in economic conditions; outcome of negotiations; changes in the Company's access to necessary capital; outcome of litigation; volatility of capital markets; variability and timing of business opportunities; changes in accounting policies and practices; the effects of internal organizational changes; adverse state and federal regulation and legislation; and the occurrence of extraordinary or catastrophic events and terrorist acts; or other unforeseen changes in circumstances) could cause actual results and conditions to differ materially from those projected in such forward-looking statements. We do not undertake any obligation to release publicly revised or updated forward-looking information, and such information included in this release is based on information currently available and may not be reliable after this date.

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