SACRAMENTO, Calif., April 17, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Vortex Brands Co. (USOTC:VTXB) announced today a key addition to the Vortex Brands Board of Directors.
CEO Todd Higley stated, "We are pleased to announce that we have added John F. Nunley III to our board. John has a degree in Electrical Engineering and holds a masters degree in Environmental Engineering. He is a Certified Energy Manager and as the former Director of the Wyoming Energy Office, he has prior experience with earlier versions of the Phase Angle Synchronization technology."
Mr. Nunley stated, "As Director of the Wyoming Energy Office, we were early adopters of the technology and placed three test units at a lumber mill in Saratoga, a railroad tie plant in Laramie and a cold storage facility in Laramie. For the duration of the test run, the consumption efficiency at all three locations was significantly improved. Specific to the cold storage plant, after the first full month of operation, the monthly power requirements had dropped so drastically that the power company in Laramie sent one of their technicians out to check the meter at the facility. They were convinced that the meter was broken and needed to be replaced. After the meter was checked, the technician came back and reported that there were no problems. The units had actually accomplished two tasks. First, it fixed the consumption efficiency problem. Second, because the real power being consumed was more efficiently used the plant required less energy. At the time, it was intriguing to think about the massive potential of the PAS technology once implemented on a large scale."
Mr. Nunley went on to say, "The company went quiet for a while as they pursued the publicly traded route and I am excited to have recently learned that they have reached the point where the technology can now be implemented on a scale that will be beneficial to the utility industry, the company itself and to the company shareholders. I'm excited about what's to come and ready to hit the ground running."
Mr. Higley finished up with, "With John's years of experience and prior experience with an early version of our product, he is passionate about helping us to bring our product to market and will begin immediately networking with key contacts that we want to include in the rollout. We'd like to officially welcome John to the team and have other key additions to our team that will be announced in the coming days."
Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.
Source: Vortex Brands Co.
Source: Vortex Brands Co.