U.S. Sustainable Energy Corp. Announces Kelmer R. Smith Appointed as President of Sustainable Power Corp.
NATCHEZ, MS, Nov 22, 2006 (MARKET WIRE via COMTEX) -- U.S. Sustainable Energy
Corp. (PINKSHEETS: USSE) announced today Mr. Kelmer R. Smith has been appointed
as President of Sustainable Power Corp. (SPC), a USSEC subsidiary. Mr. Smith
formerly served as President of Mississippi operations for IC Thomasson
Associates, Inc. (ICT) www.icthomasson.com. Mr Smith will manage design and
construction of future USSEC production and SPC power plants. Mr. Smith is a
professional engineer licensed in five states, a Certified Energy Manager (CEM)
and Certified Energy Procurement (CEP) Professional. He has over 22 years of
diversified engineering and project management experience in the petrochemical,
power generation and consulting engineer industries.
"I have been involved in the USSEC project for several months; this move demonstrates my faith in the USSEC technology and my commitment to implementing this groundbreaking technology on a national and international scale. I am pleased to join the USSEC/SPC team and I look forward to my new role," stated Mr. Smith.
Mr. Smith was educated at Mississippi State University receiving a B.S. in mechanical engineering with honors. While at MSU Mr. Smith received the Sylvia W. Farney Scholarship presented by the American Society of Mechanical Engineers Auxiliary, Inc., one of four recipients nationwide. He began his business career with Mississippi Power as a co-op student in their marketing department. Upon graduation, Mr. Smith worked for Exxon USA in their Baton Rouge, LA, Refinery, the second largest refinery in the world. While at Exxon Mr. Smith served as a project engineer as well as a mechanical engineer for several refinery processes. In order to return to Mississippi, Mr. Smith left Exxon to work for Cataphote Inc. as a project manager and then Entergy Corporation at the Grand Gulf Nuclear Station. While at Entergy, Mr. Smith worked as a design engineer, scheduled work for the mechanical engineering department and served in Site Business Services as well Project Management. Mr. Smith received the 1995 Electric Power Research Institute (EPRI) Technology Transfer Award in recognition of leadership in applying EPRI developed technology. In 1996, Mr. Smith left Entergy to establish a successful consulting business which later merged with I.C. Thomasson Associates, Inc., where he served as a principal mechanical engineer and President of MS Operations. Mr. Smith has served as a project manager and design engineer on numerous commercial and industrial projects including a power generation station at Mississippi State University which received the 2006 Grand Award presented by the American Council of Engineering Companies of Mississippi.
John Rivera, CEO of USSEC, stated, "We are obviously very pleased with Mr. Smith's decision to join our team. We have worked very closely with Mr. Smith for several months now in association with our continuing relationship with IC Thomasson. He has considerable specialized prime engineering experience covering a wide range of projects. Mr. Smith knows our technology and process intimately, and hence we view his joining our team as validation and confirmation of our vision and mission statement. Mr. Smith will play a valuable role in our subsidiary company, Sustainable Power Corp. which, as previously announced, will be spun off on a one-for-one basis to shareholders of record as of December 1st, 2006."
About U.S. Sustainable Energy
USSEC holds patent-pending technology for a new breakthrough biofuel and carbon-based fertilizer. USSEC has successfully demonstrated the most cost-effective method of producing biofuel estimated at $.50/gallon according to exhaustive studies and independent Lab confirmation. The company has developed the process, units and catalyst that will transform agricultural biomass into biofuel and fertilizer. This technology offers a solution for foreign oil dependence, balancing industrial and agricultural concerns with environmental issues and stabilizing and eventually reversing global greenhouse gas emissions. USSEC's research and development has successfully demonstrated the core technology in its fully functional facility located in Port Gibson, MS. The company is currently pursuing fully scalable implementation and deployment at further locations. Unlike other biomass gasification, the USSEC process can operate at a variety of scale, converting even waste biomass into fuel and fertilizer. The fuel produced will ultimately be more valuable than ethanol or methanol, and the USSEC process can convert biomass materials at an efficiency that cannot be matched by currently planned operations. In addition, unlike virtually all other approaches for biomass to energy, which deplete soil nutrients, the USSEC process restores and enhances soil mineral and carbon content. As a direct result of this revolutionary approach to integrated energy and fertilizer production from biomass, the USSEC process effectively removes Greenhouse Gases from the atmosphere, and can do so profitably before the value of Green Certificates and Carbon Credits are considered.
For further information on the company, please visit ussec.us
INVESTOR CONTACT:
Redwood Consultants, LLC 415-884-0348
MEDIA CONTACT: Kevin A. Mercuri 917-346-9386 kevin@5wpr.com
SOURCE: U.S. Sustainable Energy Corp.
CONTACT: mailto:kevin@5wpr.com
. |
