January 2, 2008 - 9:14 AM EST
SolarBrook Water and Power Announces Management Change With Appointment of New COO Keith McNeely, Formerly of MARTI Unit, to Serve as Chief Operations Officer SolarBrook Water and Power Corporation (PINKSHEETS: SWPC), a developer, manufacturer and marketer of water quality and clean power products, announced today that as a part of its ongoing restructuring program, Keith McNeely, formally the Vice President of Industrial Sales for the company's MARTI unit, has been promoted to Chief Operations Officer of the SolarBrook Water and Power Corporation.
Mr. McNeely's promotion and the company's recent name and trading symbol change are all part of a restructuring plan and growth strategy initiated by SolarBrook Water and Power Corporation's Board of Directors.
Keith McNeely also serves on the management advisory committee for SolarBrook.
Prior to joining the company, Mr. McNeely worked with NALCO Chemical Co. in Charlotte, North Carolina, as a Sales Representative, Account Manager and Area Manager. His extensive experience in the chemical, paper, municipal, food and beverage industries led to a promotion to District Manager in 1988. He started the District in the Basic Industry Group in Charlotte, North Carolina, which focused on the Chemical and Paper Industries. In 1998, Mr. McNeely transferred to the Unisolv Group (Middle Market), where he managed two districts that focused on the Municipal, Textile, Wood Products, Food and Beverage Industries.
George Moore, CEO of SolarBrook, commented, "We believe this change in our core team will optimally position us to take full advantage of the business strategy we have adopted for 2008. With the new strategic plan being adopted by SolarBrook and the addition of new technologies, products and services from our new alliance partners, these changes will better enable us to offer appealing solutions for the worldwide delivery of clean water in both on- and off-grid applications."
About SolarBrook Water and Power Corporation
SolarBrook Water and Power Corporation, headquartered in Apex, North Carolina, maintains a core focus of seeking out synergistic acquisitions that will provide capital appreciation and income for its portfolio companies. The mission of SolarBrook is to acquire and develop innovative technologies and businesses that will improve the quality of water throughout the world by means of detection, treatment and removal of contaminants. SolarBrook also seeks to provide integrated clean power alternatives for remote and off-grid systems, further expanding market potential.
For more information, please visit www.solarbrook.com
Forward-Looking Statements
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Source: Marketwire (January 2, 2008 - 9:14 AM EST)
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