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Technology Stocks : Vanteck (vrb-cdnx, vttcf) -- Ignore unavailable to you. Want to Upgrade?

To: gg cox who wrote (163)	10/19/2004 12:01:36 AM
From: gg cox	Read Replies (1) \| Respond to of 413

Appointment of Brian Mayberry to Board of Directors Monday October 18, 4:39 pm ET VANCOUVER, Oct. 18 /CNW/ - VRB Power Systems Inc. (TSX-V: VRB - News) is pleased to announce the appointment of Brian R. Mayberry (C.Eng BSc Hons FCIBSE, FConsE, MInstE) to the Board of Directors of the company. Brian resides in the UK and is the Managing Director of Wallace Whittle Ltd., (www.wallacewhittle.com) one of the largest private engineering consulting companies in the UK. He has previously served as a Director of Entec UK Ltd. (Enterprise division of Northumbrian Water plc), a Design Engineer to Wallace Whittle & Partners and as a Project Engineer within Fisher Group Ltd. Brian's qualifications include: European Engineer, Chartered Engineer, Fellow of the Chartered Institute of Building Services, Member Institute of Energy, Fellow of the Association of Consulting Engineers, and BSc (Hons) Environmental Engineer, University of Strathclyde. In 1996 Brian led a management buy-out of Wallace Whittle from Northumbrian Water plc having been party to the original sale in 1992. Wallace Whittle have been re-established as one of the United Kingdom's leading specialist building services consulting engineers, currently employing around 100 engineering staff. Brian's business strategy has focused on obtaining and retaining blue chip framework and partnering relationships e.g. Wal-Mart, Hilton, British Telecom, together with a number of leading UK private developers and financial institutions. Brian's current focus is establishing increased presence in the PPP (Private Public Projects) market being heavily promoted by UK Government. Another area of specialist interest is in the increased market for large scale infrastructure projects primarily associated with redevelopment of brown field land banks. An example of the latter would be a 30 megawatt infrastructure associated with the Greenwich Arsenal rehabilitation in East London. Brian has built up experience across all sectors of the construction market, is now most commonly involved as a multi-disciplinary team leader on projects ranging up to pnds stlg 100M. "As interest in the VRB technology expands into Europe and other international arenas, and given the increased profile we have received from the Regenesys acquisition, it is appropriate that we expand our Board of Directors to include representation from these regions. Brian Mayberry brings a wealth of experience and knowledge and will be a significant addition to the Board of Directors" states Timothy Hennessy, CEO of VRB Power. About VRB Power Based in Vancouver, B.C. Canada, VRB Power Systems Inc. is an electrochemical energy storage company that has commercialized the patented Vanadium Redox Battery Energy Storage System ("VRB-ESS"). The VRB-ESS is a new enabling technology that can effectively store electricity on demand. The VRB-ESS can provide direct economic benefits to utilities and end users in terms of improved power quality, reliability and energy efficiency. The VRB-ESS is particularly well suited to load levelling (peak shaving), electrical power arbitrage, grid stability enhancements, capital deferment and Remote Area Power Supply (RAPS) applications. It is primarily focused on stationary power sources such as utility substations, commercial buildings, production facilities, telecommunication operations, cellular radio sites, and renewable resource generation such as wind farms -- creating the ability to provide "firm" capacity. As a "green" technology, the VRB is characterized by the lowest ecological impact of all energy storage technologies and is unlike most other conventional energy storage systems that rely on toxic substances such as lead, zinc or cadmium. VRB Power is publicly listed on the TSX Venture Exchange ("VRB") and the OTC Pinksheets ("VRBPF"). Warning: The Company relies upon litigation protection for "forward-looking statements" "The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release" Vince Sorace President, VRB Power Systems Inc. newswire.ca For further information please contact: VRB Power Systems Inc. at (604) 697-8820 or visit the company's web site at www.vrbpower.com