SARASOTA, Fla., June 11, 2012 /PRNewswire/ -- Mel Interiano, CEO of Sunovia Energy Technologies (OTC Bulletin Board: SUNV) announced two key management appointments today. Jacqueline O'Sullivan will serve as the company's new Chief Financial Officer and Michelle Stout has been promoted to the newly created position of Manager of Community Initiatives and Diversity. O'Sullivan and Stout will report directly to Mel Interiano.
Jacqueline O'Sullivan will be responsible for the financial management of Sunovia Energy Technologies and will oversee the company's accounting, financial planning and budgeting activities. She will prepare, analyze and review financial data, monitor expenditures and costs and produce annual reports. In addition, O'Sullivan will evaluate potential mergers and acquisitions and oversee treasury and risk management at the growing company.
"With over 20 years experience in finance and administration, Jacqueline O'Sullivan brings a comprehensive knowledge of accounting and financial management principles. Her diverse business background and her ability to analyze and translate financial information into intelligence that supports our goals and objectives will be invaluable to our company as it enters a period of expansive growth," said CEO, Mel Interiano. "I am happy to be part of the executive management team at Sunovia," said O'Sullivan. "I see tremendous opportunity here, we have put together a great team and I am particularly excited and challenged by working for a company that is developing best-in-class green technologies for a global marketplace.
O'Sullivan holds a degree in Business Studies from Bournemouth University in the United Kingdom. In 1999, she relocated from Guildford, UK to Sarasota, FL and became a US citizen in 2008.
Michelle Stout will develop and implement Sunovia Energy Technologies' community outreach, contributions and diversity initiatives. In addition, she will continue in her customer service and executive administrative roles at the company.
"This is a new and important role at Sunovia," said Mel Interiano, CEO. "As we grow we want to have a positive impact in our community and we are looking to build a diverse workforce. Michelle is the ideal choice to lead these initiatives. She has the spirit and experience to help Sunovia make a difference where it counts."
Stout was recently honored by The Women's Resource Center at their Spring "Renaissance Program" fundraiser where she was among several women singled out for her positive spirit and her ability to make a difference in her life and the lives of her children.
Stout has held a variety of business management, customer service and financial positions at both private sector and non-profit organizations. She holds an M.S., M.B.A. Business Administration and Management from California University of Pennsylvania-California, PA and a B.A., Business Administration and Economics/Accounting from Washington and Jefferson College-Washington, PA.
"I look forward to combining my business and entrepreneurial spirit with my desire to help Sunovia create positive change in our community. The team here is not only focused on growing the business—we're focused on 'growing the good' as well," Stout said.
About Sunovia Energy Technologies, Inc.
Sunovia Energy Technologies is an industry pioneer in the design, engineering, manufacture and marketing of high performance LED lighting systems to the global lighting markets. Sunovia received the United States Department of Energy's highest award for lighting within the LED category, and has installed thousands of its fixtures at military bases, universities, municipalities, and large commercial entities. Sunovia's LED lighting products are sold under the brand, EvoLucia Lighting (www.evolucialighting.com).
All EvoLucia products offer highly energy efficient, durable, commercial-grade LED lighting for both indoor and outdoor applications. The company's award winning cobra head and shoe box fixtures employ EvoLucia's proprietary Aimed Optics™ technology, which increases light levels and visibility by strategically directing light to the target area. EvoLucia fixtures require 50%-80% less energy than traditional lighting, and last for approximately 12 years without maintenance.
More information about Sunovia Energy and its EvoLucia LED lighting subsidiary is available in the company's Securities and Exchange filings, which can be found at www.sec.gov or at www.sunoviaenergy.com.
Some of the statements made by Sunovia in this press release are forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. Sunovia believes that its primary risk factors include, but are not limited to: development and maintenance of strategic acquisitions; domestic and international acceptance of our product lines; defending our intellectual property and proprietary rights; development of new products and services that meet customer demands and generate acceptable margins; successfully completing commercial testing of new technologies and systems to support new products and services; and attracting and retaining qualified management and other personnel. Additional information concerning these and other important factors can be found within Sunovia's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors.
SOURCE Sunovia Energy Technologies, Inc.