DeepFlex Appoints Felipe Lamego To President And Chief Executive Officer

HOUSTON, Nov. 11, 2013 /PRNewswire/ -- DeepFlex announced today that Felipe Lamego has been promoted from his current role as Vice President-Business Development and Sales to President and Chief Executive Officer.  Felipe will report to the Chairman of the DeepFlex Board of Directors and succeeds Mike Kearney, who has left the company to pursue other interests.

Prior to joining DeepFlex in 2012, Felipe was the Business Development Manager for Technip Umbilical Systems.  Felipe held several management roles throughout his career with the Technip organization including Offshore and Onshore Applications Department Manager, Project Director for expansion of the Technip flexible pipe operations in Brazil, and Technical & Commercial Specialist, Flexible Pipe Systems.  Felipe has also worked for FMC Technologies in the role of Project Manager in their Subsea Control Systems Division.

Rodolfo Landim, Chairman of the Board of DeepFlex, said: "Felipe has demonstrated the leadership, determination, skills and experience required to propel DeepFlex through the next level of growth.  Felipe's promotion, in conjunction with the recently announced capacity and product line expansion in the US Gulf of Mexico region as well as the appointments of other key leadership positions, ideally positions DeepFlex to rapidly increase the commercialization of its unbonded all composite FFRP® and hybrid flexible pipe solutions to solve the world's most challenging ultra deep water floating production system piping needs."

Felipe concluded: "DeepFlex products are strategic enablers for the successful development of deep water and ultra deep water oil reserves and we look forward to the bright future ahead for our customers, our employees, the communities within which we operate, and our shareholders."

About DeepFlex Inc.

Headquartered in Houston, Texas USA with sales and engineering facilities in Rio de Janeiro, Brazil,  DeepFlex develops, designs, and manufactures premium all composite as well as hybrid unbonded flexible pipe used in the global subsea oil and gas production environment. As the world's only manufacturer of unbonded non-metallic pipe for deepwater applications, the patented DeepFlex products are lighter, less costly to install, and do not suffer the corrosive effects of harsh environment service. For more information on the products and services provided by DeepFlex, visit the company's web site at www.deepflex.com.

Company contact:

Brittlyn Pohl
DeepFlex, Inc.
3350 Rogerdale, Suite 200
Houston, TX 77042
www.deepflex.com
Phone: +1 (713) 373-3401
Email: Brittlyn.pohl@deepflex.com

SOURCE DeepFlex



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http://www.deepflex.com

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