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FlexEnergy Adds Three Industry Leaders to Its Board of Directors


News provided by

FlexEnergy Inc.

Jan 31, 2012, 09:02 ET

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John Ryan, Chuck Packard and Steve Krablin, Each with Over 30 Years of Industry Experience, Join FlexEnergy Board of Directors

IRVINE, Calif., Jan. 31, 2012 /PRNewswire-USNewswire/ -- Today FlexEnergy Inc (www.flexenergy.com), a company that transforms a range of gases into a clean energy source, announced the addition of three new members to its board of directors. The recently appointed board members include John Ryan, former President  & CEO of Dresser, Inc.; Chuck Packard, President & CEO of INGENCO; and Steve Krablin, former CEO of T-3 Energy Services Inc. and CFO of National Oilwell Varco.

"Our three newest board members are visionaries who have helped shape the energy industry," said Joe Perry, chief executive officer of FlexEnergy. "Each brings over thirty years of leadership experience, and their extensive knowledge of the industry will assist FlexEnergy to continue to grow and succeed as a company."

The newly appointed board members have each had distinguished careers in the industry. Their accomplishments as well as their involvement with FlexEnergy include the following.

  • John Ryan: As President & CEO of Dresser, Inc., Ryan managed and grew the company until its successful sale to General Electric. As a FlexEnergy board member Ryan's role will be to help with the organization's strategic planning and sales strategies.
  • Chuck Packard: For the past 25 years, Packard, President & CEO of INGENCO, has served as a leader in the field of cogeneration and independent power production in the landfill gas to energy marketplace. At FlexEnergy, Packard will help with installation-specific planning and the de-risking of new equipment.
  • Steve Krablin: Prior to T-3 Energy Services Inc., Krablin served as the chief financial officer of National Oilwell Varco from 1996 to 2005. Krablin will use his wealth of financial experience at FlexEnergy, helping to make ongoing improvements and refinements to the company's financial accounting, controls and reporting.

John Ryan, Chuck Packard and Steve Krablin join FlexEnergy's seven other esteemed board members, including the Honorable Stephen L. Johnson, former Administrator of the EPA, to help direct the company's continued growth. They have already begun to play an active role with the company and will be guiding the organization as it moves forward.

For more information on FlexEnergy and its systems, please visit www.flexenergy.com.

About FlexEnergy Inc:
FlexEnergy Inc (www.flexenergy.com) is the developer of the world's cleanest energy platforms, transforming a range of gases into a clean energy source. FlexEnergy Inc manufactures a product line of gas turbines with the lowest emissions and widest fuel flexibility. The energy-efficient Flex Turbine(TM) MT250 is the leader in its class with hundreds of thousands of field operating hours burning low to high Btu gases.  The Flex Powerstation(TM) FP250 with the patented thermal oxidizer is the only turbine that offers both pollution control and energy generation from low quality methane. FlexEnergy Inc is headquartered in Irvine, Calif. with manufacturing and service facilities in Portsmouth, N.H. and Mocksville, N.C.

For more information, visit www.flexenergy.com.

FlexEnergy Inc Investors include SAIL Capital Partners, a cleantech investment firm with unique global insight into technologies, markets and opportunities (www.sailcapital.com), and RNS Capital Partners, a closely held private equity firm with investments in energy services, clean technology and education (www.rnscapitalpartners.com).

SOURCE FlexEnergy Inc.

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