Atom Energy Inc. announced the appointment of Dr. John Veltheer to its Board of Directors. Dr. Veltheer is a seasoned senior executive with twenty years' experience as a senior officer and as a director in both private and public companies in a number of business sectors. The appointment to the Board is in replacement of Mr. Richard Ko, who has resigned as a director.

Dr. Veltheer has also been appointed as Chief Executive Officer of the company, in replacement of Mr. Gil Schneider, who has resigned as President and Chief Executive Officer to concentrate on other ventures. Mr. Schneider will remain as a director of the company.