WORCESTER, Mass., Sept. 21, 2011 /PRNewswire/ -- ThermoEnergy Corporation (OTCBB: TMEN), a diversified technologies company engaged in the municipal and industrial wastewater treatment and power generation technologies, today announced that Cary G. Bullock has been appointed Chairman of the Board of Directors. Mr. Bullock will replace Dennis C. Cossey, who retired as ThermoEnergy Chairman last month. Mr. Bullock has been serving as ThermoEnergy President and Chief Executive Officer. He will now be Chairman, CEO and President.
A thirty-five year veteran in the Energy/utility and Cleantech Industries, Mr. Bullock received his B.S. Degree from Amherst College and his Masters Degree in Electrical Engineering from the Massachusetts Institute of Technology (MIT). He joined ThermoEnergy Corporation as President and CEO in January 2010.
"Over the past 20 months, Cary has demonstrated exceptional leadership skills in reorganizing ThermoEnergy's financial and organizational structures to provide financial stability, new market penetration, and growth in opportunities," said Arthur S. Reynolds, a member of the ThermoEnergy Board of Directors. "We look forward to Cary's continued leadership as we continue to optimize the financial structure and revenue potential of the company."
Founded in 1988, ThermoEnergy is a diversified technologies company engaged in the worldwide development, sales and commercialization of patented and/or proprietary municipal and industrial wastewater treatment and power generation technologies. Additional information on the Company and its technologies can be found on its website at www.thermoenergy.com.
THIS PRESS RELEASE INCLUDES STATEMENTS THAT MAY CONSTITUTE "FORWARD LOOKING" STATEMENTS, USUALLY CONTAINING THE WORDS "ESTIMATE", "PROJECT", "EXPECT" OR SIMILAR EXPRESSIONS. FORWARD LOOKING STATEMENTS INHERENTLY INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM CURRENT EXPECTATIONS. BY MAKING THESE FORWARD LOOKING STATEMENTS, THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE THESE STATEMENTS FOR REVISIONS OR CHANGES.
SOURCE ThermoEnergy Corporation