Anastassios Fondaras Elected Chairman Tuned Sphere Int'l

Anastassios Fondaras was elected chairman of the board and chief executive officer of Tuned Sphere International, Inc., designers and builders of spherical-hulled offshore vessels, filling an existing vacancy.

Tuned Sphere International is a subsidiary of Energy Systems Corporation, both companies headquartered in Nashua, N.H.

Mr. Fondaras's new responsibilities follow his election as a director of Tuned Sphere International last September. Mr.

Fondaras formerly served as a partner of Kidder, Peabody and Co., and later as a voting stockholder of White Weld & Co., both investment banking firms headquartered in New York.

Prior to that, he was managing d i r e c t o r of Niarchos Shipping Company, in charge of overall fleet operations, including chartering, financing, and technical development. During World War II, Mr. Fondaras served as lieutenant commander with various destroyer commands in the mixed British/Greek flotilla which saw action in the Mediterranean, Atlantic and Indian Oceans. He was graduated from the Greek Naval Academy with a degree in naval architecture and marine engineering in 1938, and later entered Harvard Law School, graduating in 1956.

Mr. Fondaras lives in New York City and Paris.

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