LITTLE RIVER, S.C.,
Dec. 17, 2014 /PRNewswire/ --
Integrated Environmental Technologies, Ltd. (OTCBB: IEVM) today
announced that it has added three new members to its board of
directors to assist the Company in its continued strategic and
corporate development. Each of these individuals has
significant experience in working with publicly-traded and
growth-stage companies. The new additions to the board are
Michael D. Donnell, Paul S. Clayson and Anthony Giordano, III.
Mr. Donnell has over 25 years of experience in leading
publicly-traded and private technology- based companies ranging in
size from start-ups to organizations with over 1,500
employees. He has served as the Chief Executive Officer of
Cellular One, a provider of cellular phone service; New Global
Telecom, a wholesale hosted provider of VoIP services for
commercial accounts; Sutus, an information technology and telephony
appliance manufacturer; and Zi Corp., a mobile phone software
development company. Mr. Donnell has also served on the board
of directors for Nexaira Wireless and eSoft.
Mr. Clayson has over 30 years of experience as a business owner,
strategic planning expert, financial and investment strategist and
a senior political advisor. He currently serves as Chairman
and Chief Executive Officer of Valuation Impact, a global executive
mentoring and consulting company focused on helping start-up and
growth-stage companies establish and maintain value and markets,
with clients on three continents, in multiple countries and across
multiple industries. He also currently serves as Chief
Executive Officer of CONVERT2, a start-up energy company focused on
conversion of fleet vehicles from fossil fuels to natural gas and
other alternative fuels, and serves on the board of directors of
four companies in energy and software technology and nutritional
products development and distribution. Mr. Clayson has
previously served as Executive Chairman, President and Chief
Executive Officer of HzO, Inc., an advanced nano-materials
technology company that makes electronic devices water resistant;
as Chairman and Chief Executive Officer of nCoat, Inc., an
award-winning nanotechnology materials development and
manufacturing company; and as President and Chief Operating Officer
of Sequoia Pacific Research Company. Mr. Clayson has served
as Chief of Staff to two United
States Congressmen, and served the White House as a lead
advance agent to two United States Presidents and their Vice
Presidents.
Mr. Giordano has over 25 years of experience in the commercial
banking industry and currently serves as the President and Chief
Executive Officer of Colonial American Bank. Mr. Giordano has
previously served as the Senior Executive Vice President and Chief
Financial Officer of Central Jersey Bancorp, a publicly-traded
company that had its stock listed on the NASDAQ Global
Market. Mr. Giordano has also served as a Real Estate
Banking Officer and Senior Accountant/Financial Analyst at PNC Bank
and in various positions at Shadow Lawn Savings Bank, including
Budget and Financial Planning Manager and Financial Analyst.
In conjunction with the addition of the above-noted three new
members to the board of directors, the Company announced that
Valgene L. Dunham, Ph.D., has
retired from the Company's board of directors. The Company
now has seven members on its board of directors.
David R. LaVance, the Company's
President and Chief Executive Officer, commented, "I am excited
about the additions to our board of directors. Each of these
individuals bring a tremendous amount of experience to the Company
which will be extremely important as we continue to grow the
Company and expand our corporate and strategic initiatives. I
would also like to thank Dr. Dunham for his many years of service
on the Company's board of directors."
About Integrated Environmental Technologies, Ltd.
Integrated Environmental Technologies, Ltd. is a
publicly-traded company that operates through its wholly-owned
operating subsidiary, I.E.T., Inc. All of the Company's
products and services are marketed and sold under the umbrella
brand name, EcoTreatments™. The Company markets and sells its
anolyte disinfecting solution under the Excelyte brand name, which
is produced by the Company's proprietary EcaFlo™ equipment that
utilizes an electrolytic process known as electrochemical
activation to reliably produce environmentally responsible
solutions for cleaning, sanitizing and disinfecting. Excelyte
solutions are EPA-registered, hard-surface disinfectants and
sanitizers approved for hospital-level use and are also approved
for use as a biocide in oil and gas drilling. The products
can be used anywhere there is a need to control pathogens,
bacteria, viruses, and germs. The Company's EcaFlo equipment
also produces a cleaning solution that the Company markets under
the Catholyte Zero™ brand name. Catholyte Zero solutions are
environmentally friendly cleansers and degreasers for janitorial,
sanitation and food processing uses. To learn more, visit
www.ecotreatments.com.
Forward-Looking Statements
Statements about the Company's future expectations and all other
statements in this press release other than historical facts are
forward-looking statements. Such statements are subject to certain
risks, trends and uncertainties that could cause actual results to
differ materially from expected results. Among these risks,
trends and uncertainties are economic conditions both generally and
within the industries in which the Company may participate;
competition within the Company's chosen industries, including
competition from much larger competitors; technological advances;
available capital; regulatory approval; and failure by the Company
to successfully develop or acquire products and form new business
relationships. Since these statements involve risks and
uncertainties and are subject to change at any time, the Company's
actual results could differ materially from expected results.
Contacts:
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Integrated
Environmental Technologies, Ltd.
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Capitol Media
Partners
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Thomas S.
Gifford
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Brad Chase
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732-820-1415
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323-377-5653
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tgifford@ietltd.net
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chase@capitolmediapartners.com
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SOURCE Integrated Environmental Technologies, Ltd.