Roger Ballentine of Green Strategies and China Energy Recovery's Board Director to Appear at RETECH 2009 in Las Vegas
February 11 2009 - 3:20PM
PR Newswire (US)
Alternative Energy and Climate Change Expert on Panel to Discuss
Green Companies SHANGHAI, China, Feb. 11 /PRNewswire-Asia/ -- Roger
Ballentine, a well-known expert on alternative and renewable energy
sources and climate change, is scheduled to appear on a
distinguished panel entitled "Green Companies" on February 26, 2009
at the RETECH 2009 Conference. Mr. Ballentine's firm, Green
Strategies Inc., is a well known strategic business consulting firm
in the energy and environmental arena and is a Board Member of
China Energy Recovery, Inc. (OTC:CGYV) (BULLETIN BOARD: CGYV)
("China Energy Recovery" or "CER"). China Energy Recovery is a
Shanghai-based company that has installed more than one hundred
waste-heat energy recovery systems in some of the largest
manufacturing facilities in China and other parts of Asia. CER
helps its clients operate with greater energy efficiency, using
less energy to power their factories and reducing emissions. The
RETECH 2009 Conference will be held at the Las Vegas Convention
Center in Las Vegas, NV, February 25 - 27, 2009. More information
about the conference can be found at:
http://retech2009.com/index.php . Roger Ballentine Director and
Chairman of the Compensation Committee China Energy Recovery, Inc.
Mr. Roger Ballentine is the President of Green Strategies Inc., a
consulting company that assists clients in the energy and
environmental arena with domestic and international public policy
matters, investment guidance in the "clean tech" marketplace,
marketing and business development strategies, a position that he
has held since February, 2001. Mr. Ballentine is also a Venture
Partner with Arborview Capital LLC, a private equity firm focused
on the clean technology market place, a position he has held since
May, 2008. Additionally, Mr. Ballentine serves as both a Lecturer
on Law at the Harvard Law School, teaching in the area of energy
and climate policy, a position he has held since May, 2007, and as
a Senior Fellow at the Progressive Policy Institute in Washington,
D.C. Prior to holding these positions, from June 1999 to January
2001, Mr. Ballentine served under President Clinton as Chairman of
the White House Climate Change Task Force and as Deputy Assistant
to the President for Environmental Initiatives. Prior to being
named Deputy Assistant to the President, from January 1998 to June
1999, Mr. Ballentine was Special Assistant to the President for
Legislative Affairs, where he focused on energy and environmental
issues. Mr. Ballentine is a graduate of the University of
Connecticut and Harvard Law School, and is a member of the
Connecticut, Washington, D.C. and the United States Supreme Court
bars. Mr. Ballentine currently serves on the Board of directors of
Environmental Power Corporation, Perillon Software Inc., ENpartners
Corp. and on the Advisory Boards of Stratos Renewables Corporation,
Pure Biofuels Corporation and Safe Renewables Corporation. Mr.
Ballentine is a founding Board Member of the American Council on
Renewable Energy and serves on the Board of Directors of the
Biomass Energy Resource Center and the International Fund for
China's Environment. What is Waste Heat Energy Recovery? Industrial
facilities release significant amounts of excess heat into the
atmosphere in the form of hot exhaust gases or high-pressure steam.
Energy recovery is the process of recovering vast amounts of that
wasted energy and converting it into usable heat energy or
electricity, dramatically lowering energy costs. Energy recovery
systems are also capable of capturing harmful pollutants that would
otherwise be released into the environment. It is estimated that if
energy currently wasted by all the U.S. industrial facilities could
be recovered, it could produce power equivalent to 20% of U.S.
electricity generation capacity without burning any additional
fossil fuel, and could help many industries to meet stringent
environmental regulations. About China Energy Recovery, Inc. CER is
an international leader in designing, manufacturing and installing
waste heat energy recovery systems that provide facilities with
greater energy efficiency. The company's primary focus is on the
Chinese market. CER's technology captures industrial waste energy
to produce low-cost electrical power, enabling industrial
manufacturers to reduce their energy costs, shrink their emissions
footprint, and generate sellable emissions credits. CER has
deployed its systems throughout China and in such international
markets as Egypt, Korea, Vietnam and Malaysia. CER focuses on
numerous industries in which a rapid payback on invested capital is
achieved by its customers including chemical, paper manufacturing,
refining (including methanol refining), etc. CER continues to
invest in R&D and plans to build China's first state-of-the-art
energy recovery system research and fabrication facility to allow
it to meet the increased demand for its products and services. For
more information on CER, please visit:
http://www.chinaenergyrecovery.com/s/Home.asp . Information on
CER's website does not comprise a part of this press release.
Forward-Looking Statement Disclaimer This press release includes
"forward-looking statements" within the meaning of the Securities
Litigation Reform Act of 1995, as amended. All statements, other
than statements of historical fact, included in the press release
that address activities, events or developments that CER believes
or anticipates will or may occur in the future are forward-looking
statements. These statements are based on certain assumptions made
based on experience, expected future developments and other factors
that CER believes are appropriate under the circumstances. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of CER and may
not materialize, including, without limitation, the efficacy and
market acceptance of CER's products and services, and CER's ability
to successfully complete orders and collect revenues therefrom.
Investors are cautioned that any such statements are not guarantees
of future performance. Actual results or developments may differ
materially from those projected in the forward-looking statements
as a result of many factors. Furthermore, CER does not intend (and
is not obligated) to update publicly any forward-looking
statements, except as required by law. The contents of this release
should be considered in conjunction with the warnings and
cautionary statements contained in CER's filings with the SEC,
including CER's Current Report on Form 8-K filed with the
Securities and Exchange Commission on April 21, 2008. For more
information, please contact: Media Sean Mahoney Tel:
+1-310-867-0670 Email: Investor Relations Jim Blackman Tel:
+1-713-256-0369 Email: DATASOURCE: China Energy Recovery, Inc.
CONTACT: Media: Sean Mahoney, +1-310-867-0670, ; Investor
Relations: Jim Blackman, +1-713-256-0369, , both for China Energy
Recovery, Inc. Web site: http://retech2009.com/index.php
http://www.chinaenergyrecovery.com/s/Home.asp
Copyright