REGINA, Saskatchewan, Feb. 9, 2011 /PRNewswire/ -- Clean Power Concepts Inc. (OTC Bulletin Board: CPOW) today announced the following appointments to the Management Team:
Randall W. Edge, M.B.A. as Chief Financial Officer:
Mr. Edge, received his MBA from the University of Regina's Kenneth Levene Graduate School of Business as well as a Diploma in Business and Accountancy from the SIAST College of Saskatchewan. Mr. Edge is a holder of the Certified Payroll Manager (C.P.M.) designation of the Canadian Payroll Association for the practice of Payroll and Human Resources administration.
Hugh John McDonald, B.S. Bus. Admin/Mktg, AA Bus. Admin. as Regional Vice President; California:
Mr. McDonald has a B.S. degree in Business Administration where he studied Marketing and International Relations from California State University, Chico. He also holds an Associate of Arts Degree in Business Administration from Canada Community College of Redwood City, CA. Mr. McDonald has achieved success during a 25-year career with a number of prominent investment banking firms in progressively more responsible sales and marketing, and management positions.
Jeffrey D. Carter, as Business Development Agent for South America:
Mr. Carter is a U.S. citizen with permanent residency status living in Sao Paulo, Brazil. With 25 years of business experience, Mr. Carter started his career at the futures exchanges in Chicago working in the commodity and currency/commercial paper markets. For nearly 20 years he has been prominent in the maritime shipping industry providing broad expertise in residual container equipment management. Fluent in Portuguese and with expanding experience in general business development in Brazil, Mr. Carter has over the past 5 years combined his experience in logistics and finance with a focus on the upstream biofuel feedstock industry there and its contingent agricultural components.
Michael Shenher, C.E.O. of Clean Power Concepts, commented on the new appointments:
"Mr. Carter is a focused, reliable, and committed individual who is ideally positioned to bring Clean Power Concept's products and services to the emerging Latin American marketplace. His knowledge of the territory and its service needs will help expedite CPOW's corporate global growth objectives."
"Mr. McDonald will add strength to the management team for Clean Power and General Bio Health and will actively develop the sales and marketing of the company's products and brands in the California marketplace."
"Mr. Edge brings a disciplined approach that will enable the organization to focus upon its profitability. Mr. Edge's efforts will provide assurance that CPOW meets its corporate compliance objectives for social responsibility as well as meeting its regulatory responsibilities. We welcome Mr. Edge as a valued member to our management team."
Clean Power Concepts Inc. is a producer of Canola Oil, Canola Feed Meal, biodiesel, eco-lubricants, and nutraceuticals. The Company manufactures and markets products under CLEAN POWER® and SPIRIT OF HEALTH, for more information www.cleanpowerconcepts.com
Safe Harbor Statement
This release includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2011 and beyond could differ materially from the Company's current expectations. Forward-looking statements are identified by words such as "anticipates," "projects," "expects," "plans," "intends," "believes," "estimates "targets," and other similar expressions that indicate trends and future events. Factors that could cause the Company's results to differ materially from those expressed in forward-looking statements include, without limitation, variation in demand and acceptance of the Company's products and services, the frequency, magnitude and timing of raw-material-price changes, general business and economic conditions beyond the Company's control, timing of the completion and integration of acquisitions, the consequences of competitive factors in the marketplace including the ability to attract and retain customers, Additional information concerning factors that could cause actual results to differ materially from those projected is contained in the Company's filing with The Securities and Exchange Commission, including its report on Form 10-K for the year ended April 30, 2010. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely.
SOURCE Clean Power Concepts Inc.