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WaveCrest Laboratories Names Former NATO Commander General Wesley K. Clark as Chairman Company Will Commercialize Its Environmentally Friendly Propulsion Technology Across Numerous Transportation and Energy Applications, Including Automobiles WASHINGTON, April 21 /PRNewswire/ -- WaveCrest Laboratories today announced that Gen. Wesley K. Clark, former Supreme Allied Commander of NATO and one of the nation's most highly decorated military officers, has been named Chairman of the Board. To view the Multimedia News Release, complete with video and images, go to: http://www.prnewswire.com/mnr/wavecrestlabs/10740/ WaveCrest Laboratories is a Dulles, Va.-based technology company that has developed a breakthrough electric propulsion system that transforms electrical energy...

WASHINGTON - When two Russian immigrants and their American financial backer needed marketing help for their innovative electric motor, they turned to a merchant banker at one of the nation's largest investment houses - retired Army Gen. Wesley Clark. The meeting at the Washington office of Stephens Inc. in late 2001 proved fortuitous for both Clark, the former supreme commander of NATO, and the principals in WaveCrest Laboratories, at the time a small research and development company in Dulles, Va. "They hit it off pretty much right away," said WaveCrest spokesman Tom McMahon. Clark signed on as a consultant...