Corporate reputation survey finds managers have long memories for bad news

NEW YORK, July 9, 2001 — Which leading U.S. companies would rank-and-file managers most like to rule as CEOs? On the other hand, which come across as the least attractive companies to head?

MENTOR, Ohio, July 9, 2001 — KFx Inc. announced today the signing of an agreement between Pavilion Technologies, Inc., KFx and Pegasus Technologies, Inc., KFx’s majority owned subsidiary, that is expected to result in Pegasus acquiring the assets related to Pavilion’s power generation business segment and obtaining exclusive rights to Pavilion’s process optimization technology for utility-based coal fired boilers and gas turbines.

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