STWA Appoints Oil & Gas Executive Don Dickson to Its Board of Directors
August 07 2013 - 6:15AM
Marketwired
STWA, Inc. (OTCBB: ZERO) ("STWA" or the "Company"), a developer of
applied efficiency technology solutions for oil and fuel delivery
systems in the multi-billion dollar global energy market, announced
today that Don Dickson has been elected as an independent member of
its Board of Directors.
Mr. Dickson currently serves as Chief Executive Officer for
Advanced Pipeline Services (APS), provider of a full range of
services to the oil and gas industry. APS's core business areas are
in the construction of new pipelines and facilities, horizontal
directional drilling, pipeline painting, coating, integrity, and
rehabilitation. Prior to APS, Mr. Dickson had a 26-year career with
Kinder Morgan, an NYSE listed North American energy transportation
company in their natural gas operations. Additionally, Mr. Dickson
has served as Director of Operations with Tetra Technologies where
he completed various onshore and offshore oil and gas wells
throughout the U.S. He was also Senior Engineer with Halliburton
Services. Mr. Dickson earned his B.S. in Engineering from Oklahoma
State University.
"As an oil and gas industry veteran, specifically with pipeline
experience, Don brings tremendous value to our board and our
Company," stated STWA President and CFO Gregg Bigger. "His deep
experience leading companies and operations in the oil and gas
industry will be a great resource to us at this time, as we
implement our first commercial installation of AOT™."
STWA Chairman and CEO Cecil Bond Kyte commented, "The evolution
of our Company has come to the point where we are positioned to
attract and benefit from adding an executive with strong oil and
gas industry experience to our board. We look forward to Don's
insights and guidance as STWA transforms the transportation of oil
globally."
About AOT™ Midstream AOT™ Viscosity
Reduction Systems are a suite of commercial crude oil pipeline flow
assurance products designed to be installed at pipeline pump
stations in the upstream, gathering and midstream sectors.
AOT™ technology reduces the viscosity of crude oil without the
need for heat, chemical or polymer additives. The reduction of
viscosity holds key benefits to the energy production and
transportation industry. The product holds advantages over
currently adopted flow assurance technologies in use around the
world today.
AOT™ has been independently verified and tested by numerous
third party entities such as the United States Department of
Energy. Test reports and related links are available on the
Company's website.
"Applied Oil Technology™," "AOT™ Midstream," and "AOT™" are
copyrights and registered trademarks of STWA, Inc.
About STWA, Inc. STWA, Inc. develops and
commercializes energy efficiency technologies that assist in
meeting increasing global energy demands, improving the economics
of oil extraction and transport, and reducing greenhouse gas
emissions. The Company's intellectual property portfolio includes
47 domestic and international patents and patents pending, which
have been developed in conjunction with and exclusively licensed
from Temple University. More information including a company Fact
Sheet, logos and media articles are available at: www.stwa.com.
Safe Harbor Statement This press release
contains information that constitutes forward-looking statements
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Any such forward-looking
statements involve risks and uncertainties that could cause actual
results to differ materially from any future results described
within the forward-looking statements. Risk factors that could
contribute to such differences include those matters more fully
disclosed in the Company's reports filed with the Securities and
Exchange Commission. The forward-looking information provided
herein represents the Company's estimates as of the date of the
press release, and subsequent events and developments may cause the
Company's estimates to change. The Company specifically disclaims
any obligation to update the forward-looking information in the
future. Therefore, this forward-looking information should not be
relied upon as representing the Company's estimates of its future
financial performance as of any date subsequent to the date of this
press release.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Investor Relations Contacts: Mr. Andrew Haag Managing
Partner IRTH Communications, LLC Tel: +1-866-976-IRTH (4784)
E-Mail: Email Contact Website: www.irthcommunications.com Company
Website: www.stwa.com Mr. Jeremy Roe Managing Partner Integra
Consulting Group, LLC Tel: +1-925-262-8305 E-Mail: Email Contact
Website: www.integraconsultinggroup.com