May 4, 2011
Executive Appointments for Recently Established Montana
Governor's Office of Economic Development in Montana offers full support to ecoTECH's future clean energy projects
SEATTLE, WASHINGTON--(Marketwire - 05/04/11) - ecoTECH Energy Group, Inc. (OTC.BB:ECTH - News), headquartered in Seattle, WA, is pleased to announce that it is pressing forward with its plans to develop its thermal electricity "zero-carbon-footprint" power stations and has established a division to facilitate its future Flagship projects in the State of Montana. In conjunction with the division establishment, several notable additions to the Company's management team have been made at the ecoTECH Energy Group Montana division in Butte, Montana. ecoTECH has received endorsements from Governor Brian Schweitzer's office of Economic Development (http://business.mt.gov/) to develop clean energy initiatives by utilizing the Company's ecoPHASER technology for Montana's overall energy development and transmission expansion plans.
Additionally, ecoTECH has signed an agreement with the Northern Cheyenne Tribe of Montana to provide ecoTECH with political and economic support, Reservation Biomass, labor contracting, land and water rights and many other mutual benefits. ecoTECH looks forward to developing its working relationship at its ecoPhaser facilities with the people of The Northern Cheyenne Tribe. More information about the Northern Cheyenne Tribe can be found at http://www.cheyennenation.com.
The following individuals were recently appointed to the Montana Division:
Richard C. King, President Montana Division
Since June 2002, Mr. King has been with the Missoula Area Economic Development Corporation (MAECD) in Montana as President and CEO of the organization. The MAEDC administers an active economic development program, including a revolving loan fund program and is the lead economic development organization for Missoula County and the City of Missoula and the Certified Regional Development Corporation for the Missoula/Ravalli Region. Mr. King is also a very active in community involvement and sits on the Boards of the Missoula Children's Theatre, Missoula Downtown Association, Playball Missoula, Missoula County Development Authority, Montana Economic Developers Association, Emmanuel Lutheran Church, and the Montana Facility Finance Authority.
Holli E. Parrow, Executive VP Finance Montana Division
Ms. Parrow has spent the past 10 years working for non-profit institutions focusing on the area of business administration, including fundraising and support from both public and private sectors. She brings a great deal of experience in public relations, project coordination skills, and management abilities to drive fourth the goals in accordance with the values and mission of ecoTECH Energy Group Montana. Most recently, Ms. Parrow focused her efforts on a project that would reinstate and create jobs in Jefferson County, Montana and assisted in the allocation of $50 million American Recovery & Reinvestment (ARRA) Recovery Zone Facility Bond authority by the County to a large scale private development project that will provide employment and economic impact to Jefferson County.
Mr. Larry Wilbert, Executive VP Operations Montana Division
Mr. Wilbert has established a prominent presence in the Montana timber industry and is a long- term member of the MLA (Montana Logging Association), as well as a member of the ALPS (Accredited Logging Professionals). In the mid 1990's Larry and his team invented the Proteus revolutionary all-terrain fire fighting vehicle. In addition, Mr. Wilbert's company received an award from the American Cement Association for his design of a rough terrain cement pouring machine.
About ecoTECH Energy Group, Inc.
ecoTECH Energy Group, Inc. is a development-stage renewable energy company which plans to manufacture biomass-fueled power stations that produce renewable and sustainable "green" energy products. ecoTECH specializes in the development and operations of thermal, 24/7, "firm" electricity supply from "zero-carbon-footprint" power stations which utilize proprietary ecoTECH technologies that have been continuously improved and refined over the past 30 years. ecoTECH intends to build five Combined Heat and Power Stations across North America during the next five to seven years. More information about the Company may be found at www.ecotechenergygroup.com.
Notice regarding forward-looking statements
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our future financial performance or results of operations, including expected revenue growth. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements can be found in the reports that we have filed with the Securities and Exchange Commission.