Parlacen President Joins SSTP Board
Parlacen President Julio Gonzalez-Gamarra Joins Sustainable Power Corp.'s Board of Directors Monday March 24, 9:55 am ET
BAYTOWN, TX--(MARKET WIRE)--Mar 24, 2008 -- Sustainable Power Corp. (Other OTC:SSTP.PK - News) today announced that Parlacen President Julio Gonzalez-Gamarra was elected to Sustainable Power Corp.'s Board of Directors.
President Gonzalez-Gamarra recently visited the Sustainable Power plant in Baytown, Texas and after reviewing plant operations and assessing the results of the Rivera Process, he fully endorsed the company operations in a press conference given in Baytown. At that conference, Ricardo Luna Waldheim from the Parlacen Department of Engineering, speaking for the Parlacen delegation, noted, "[Underdeveloped] countries don't have crude oil, but the do have the agriculture to make a joint venture... instead of being energy dependent, they could be exporting crude oil. It's a great opportunity for the democratic countries." Mr. Gonzalez-Gamarra is the incumbent President of Parlacen for the State of Guatemala for the 2007-2008 term. Mr. Gonzalez-Gamarra served as a Deputy in the Guatemalan Congress (1994-96), President of the Agriculture, Livestock and Fisheries Commission (1995-96) and Vice-President of Parlacen for the State of Guatemala (2006-07).
John Rivera, CEO of Sustainable Power Corp, stated, "We are happy to have President Gonzalez-Gamarra join our board at such an important time in our company's development. He will be a valuable asset in our expanding operations in Central and South America; President Gonzalez-Gamarra will be in a position to provide significant help in Guatemala where initial steps have been taken to produce up to 1 Giga-watt of green power to the private sector of the country."
About the PARLACEN
The PARLACEN, or Parliament of Central America, was created by the agreements "Esquipulas II," signed in 1987 by the presidents of the region, but did not start its operation until October 28, 1991. The forum is composed of representatives Guatemala, El Salvador, Honduras, Nicaragua, Panama, and the Dominican Republic. Mexico attends meetings of the PARLACEN as an observer.
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