DynaMotive Technologies Announces the Appointment of Mr. Antony Robson as Managing Director
13 March 2000
DynaMotive Technologies Announces the Appointment of Mr. Antony Robson as Managing Director of DynaMotive Europe Limited and the Establishment of European Corporate Headquarters in London, England
VANCOUVER, March 13 /CNW-PRN/ - DynaMotive Technologies Corporation
(OTCBB: DYMTF) today announced the appointment of Mr. Antony Robson as
Managing Director of its European subsidiary - DynaMotive Europe Limited
(formerly DynaMotive UK Limited) - and establishment of European corporate
headquarters in London, UK.
`The European market presents significant opportunities for DynaMotive.
Expanding our presence in Europe and developing regional capabilities is a
logical step in the commercialization of DynaMotive's technologies,` said
Richard Lin, Chairman of DynaMotive Technologies Corporation and DynaMotive
Europe Limited. `Mr. Robson brings considerable commercial experience to our
team and a track record of successfully delivering on commercial projects. His
organizational experience will also prove invaluable in further developing our
European base.`
Commenting on his appointment Mr. Robson said, `The conditions in Europe
are ripe for DynaMotive. The regulatory requirements relating to 'green
energy' combined with high fossil fuel prices and carbon taxes makes our
BioOil a very attractive alternative fuel source. This fact, coupled with our
leadership position in pyrolysis technology, provides a compelling case for
our Company. Over the past year, DynaMotive has established relationships with
engine manufacturers, energy utilities, engineering firms and government
organizations. I intend to further strengthen our ties in Europe to develop
and create a significant market presence in our European target markets of the
UK, Scandinavia, France, Germany, Spain, Italy, Ireland and Greece.`
In addition to Mr. Robson, the European operation will be supported by Mr.
Hugh Moss, Director; Mr. Andrew Kingston, President and CEO, DynaMotive
Technologies Corporation and DynaMotive Europe Limited; Mr. Steve Ives, CFO,
DynaMotive Technologies Corporation; and Mr. John Leech, Director, Biomass
Projects.
DynaMotive has had a representative office in the United Kingdom since
1997 and has participated in European Community sponsored research programs.
The Company continues to participate in the fuel emissions reduction EU Joule
Program announced in 1998, and is committed to developing additional ties with
the research community with a view to developing further commercial
applications of BioOil.
DynaMotive Technologies is a world leader in the development of BioOil
clean fuels for power generation in gas turbines, diesel engines and boilers.
BioOil is produced using a patented waste-to-energy technology that converts
low-value organic wastes into a petroleum-like liquid. Unlike fossil fuels,
BioOil is renewable, clean burning, low in emissions, greenhouse gas neutral
and can be produced economically from organic waste materials. The Company is
headquartered in Vancouver, BC, Canada and has staff in the US, UK, Brazil and
Argentina.
Leaders of the BioOil European Team include:
Antony J. Robson, FRICS - Managing Director
Mr. Robson graduated from the University of London with a Land Management
Degree in 1974 and became a Fellow of the Royal Institution of Chartered
Surveyors in 1983. He was an equity Partner with White, Druce and Brown,
Chartered Surveyors, London, for 13 years. In 1992 he was appointed Chief
Executive Officer of New Europe Hotels N.V. where he was professionally active
in Central and Eastern Europe. He has worked extensively on property and other
investment internationally and since 1995, has been a major private
shareholder and non-executive Director of Minmet PLC, a significant gold and
other minerals exploration company. He is also Director, International
Corporate Communications and Investor Relations for the DynaMotive Group of
Companies.
Hugh Moss - Director
Mr. Moss is a Chartered Electrical and Mechanical Engineer and Energy
Technologist, graduating in Engineering and Natural Sciences from Cambridge
University. He has worked in the electricity generating, cement, brick and
waste management industries, pioneering the exploitation of landfill gas in
the latter. He joined the Yorkshire Water Group at the beginning of 1998 and
his major task within First Renewables is the replication of the ARBRE
technology throughout England, Scotland and Wales.
Andrew Kingston - President & CEO, DynaMotive Technologies Corp. and
DynaMotive UK Ltd.
Mr. Kingston has held senior positions in multi-national oil companies,
property and investment corporations and financial institutions in Europe, the
USA and South America. He was a financial advisor on corporate restructuring
for Interpetrol S.A., a major South American oil trading company, and held a
number of positions with the Gatoil Group of Companies, including Managing
Director of Gatoil Services (UK) Limited and Financial Vice President of
Gatoil Enterprises Inc. (USA). He was senior advisor to the Chairman of Rotch
Property Group Ltd., a UK property investment and development company, and
also worked for Price Waterhouse & Co. and Ducilo S.A., a subsidiary to E.I.
DuPont de Nemours & Co.
Stephen Ives - CFO DynaMotive Technologies Corporation
Mr. Ives established Windsor Group Limited in 1997, a UK-based company
that advises and participates in major corporate transactions and
acquisitions. He is also CEO of Lionsgate which now has a property portfolio
of 420 million pounds. He was a partner with Deloitte Touche in their London
office and headed up the information technology (IT) and Technical Groups.
Prior to that, he was a partner at Binder Hamlyn in London in charge of IT for
Europe and member of the International Committee. In corporate finance, he was
an advisor on airline, electricity, water and railtrack privatizations in the
UK.
John Leech - Director, Biomass Projects
Mr. Leech is a well respected expert in engine systems operating on
BioOil and comes to DynaMotive from his position as General Manager of Ormrod
Diesels, a pioneer company in the field of BioOil fuelled diesel engines.
Forward Looking Statement Statements in this news release concerning the
company's business outlook or future economic performance; anticipated
profitability, revenues, expenses, or other financial items; and statements
concerning assumptions made or expectations as to any future events,
conditions, performance or other matters, are `forward-looking statements` as
that term is defined under the Federal Securities Laws. Forward-looking
statements are subject to risks, uncertainties and other factors which could
cause actual results to differ materially from those stored in such
statements. Such risks, uncertainties and factors include, but are not limited
to, changes and delays in product development plans and schedules, customer
acceptance of new products, changes in pricing or other actions by
competitors, patents owned by the Company and its competitors, and general
economic conditions, as well as other risks detailed in the Company's filings
with the Securities and Exchange Commission.