STW Resources Holding Corp. Names Former Westinghouse and General Electric Executive Manfred E. Birnbaum to Board of Directors
MIDLAND, Texas, June 2 /PRNewswire/ -- STW Resources Holding Corp. ("STW Resources"), a water reclamation company, which expects to be publicly traded soon, today named Manfred E. Birnbaum to its Board of Directors.
After thirty years of executive experience at Westinghouse Electric Corp. and General Electric Corp., Birnbaum has been an independent management consultant for such companies as Westinghouse, ABB, Siemens, Alstom, Duke Power, Foster Wheeler, Electronics Associates and Trinity-Flywheel Technology as well as a number of start-up companies, for the past 12 years.
Stanley Weiner, chief executive officer of STW Resources, said, "Birnbaum will be a great asset to STW Resources. He has outstanding hands-on experience in coordinating large projects with governmental agencies as well as corporations and he is project-oriented, which is a key focus of STW Resources' business activities going forward."
Weiner explained that Birnbaum's addition is an important element in the company's business strategic plan to take advantage of the growing need for water reclamation to exploit the huge gas resources in Marcellus Shale region in Pennsylvania. In addition to this new board appointment, the company, which has recently applied to go public and is awaiting the designation of its trading symbol, executed a term sheet to obtain $5 million in funding from Kodiak Capital Group, LLC. STW Resources is now poised to become the leading public water reclamation company addressing the issues in the Marcellus Shale and we are seeking to bolster our capital position to capitalize on this exciting opportunity.
Birnbaum spent 26 years in technical and senior management positions with Westinghouse Electric, before joining General Electric of England, where he was CEO of its English Electric Corp. subsidiary for four years. He currently also serves on the board of directors of publicly traded ZBB Energy Corp., Milwaukee.
A graduate in mechanical engineering from Polytec Institute of New York University, Birnbaum earned a Master's Degree in Electrical Engineering from the University of Pennsylvania.
About STW Resources
STW Resources, Inc., Midland, Texas, provides customized water reclamation services. STW's core expertise is an understanding of water chemistry and its application to the analysis and remediation of complex water reclamation projects. STW provides a complete solution throughout all phases of a water reclamation project, including analysis, design, evaluation, implementation and operations. For more information, go to: www.stwresources.com.
SOURCE STW Resources Holding Corp.