DALLAS, Jan. 19 /PRNewswire-FirstCall/ -- Evolution Resources, Inc. (OTC Bulletin Board: EVLN) (the "Company"), an advanced biofuels production company focused on the production of cellulosic ethanol and biodiesel using the latest in modern processes and technologies, today announced that it has executed a consulting services agreement with Dr. Hasan Jameel, a professor of Wood and Paper Science at North Carolina State University ("NCSU").
Dr. Jameel is a well-respected industry veteran that joins Evolution Resources with over 30 years of teaching, research and technical expertise in pulp and paper sciences and the biomass/energy conversion field, which has earned him numerous accolades and professional recognitions. Dr. Jameel has pioneered many novel concepts for pulping and bleaching to decrease production costs and process environmental impacts. Recently, he has been involved in developing technologies for the conversion of biomass to transportation fuels.
Dr. Jameel received his B.S. in Chemical Engineering from Texas A&M University in 1975, and his Ph.D. in Chemical Engineering from Princeton University in 1980. In 1979 he joined International Paper, where he stayed until becoming a professor at NCSU in 1987. He was later honored as a NCSU Outstanding Teacher (both in 1990 and 2005). He is presently a member of the Board of Directors for Packaging Corporation of America.
Dr. Jameel is also a Technical Fellow of the Pulp and Paper Industry, the International Academy of Wood Science and a member of American Institute of Chemical Engineers. He holds four patents, and has authored two books and more than 100 papers. He was also instrumental in development efforts for the Wood Ethanol Research Consortium ("WERC"), which was formed to provide a technical and economic analysis of repurposing pulp and paper mills for the production of ethanol from cellulosic sources. Evolution Resources is a member of the WERC.
Under the terms of the consulting services agreement, Evolution Resources will pay a monthly fee to Dr. Jameel in exchange for his technical advice and assistance as the Company further develops its cellulosic ethanol projects.
About Evolution Resources, Inc.
Evolution Resources, Inc. (OTC Bulletin Board: EVLN) is a renewable energy company focused on the production of cellulosic ethanol transportation fuels. Presently, the Company is pursuing certain proposed projects that will leverage existing distressed assets and infrastructure in the Southeast and Northwest. The Company's management team shares key members with Evolution Fuels (Pink Sheets: EVFN), which recently announced a dividend of EVLN stock to its shareholders as detailed in a press release issued by Evolution Fuels on November 27, 2009. For additional information on Evolution Resources, please visit its corporate website: www.evoresources.com.
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. In connection with the "safe harbor" provisions of the federal securities laws, including the Private Securities Litigation Reform Act of 1995, important factors that, among others, could cause or result in actual results and experience to differ materially from the Company's anticipated results, projections, or other expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
SOURCE Evolution Resources, Inc.