Greenway Design Group, Inc. Announces New Chief Executive Officer
13 Ottobre 2011 - 1:33AM
Marketwired
Greenway Design Group, Inc. (PINKSHEETS: GDGI) announced today Abe
Mathalon as the new Chief Executive Officer (CEO) of Greenway
Design Group, Inc. Mathalon will assume responsibility for all of
the corporation's development and growth activities including
investor relations.
Simultaneously, current Greenway CEO Ben Lefrancois will
continue in his role of President and remain active in the
day-to-day management of all company operations. Lefrancois will
also retain his position as Chairman of the Board.
Darius Jakubik will also remain in his position as Senior Vice
President of the company and Secretary of the Board. Jakubik
manages pricing and reseller policies, and oversees all
dealer/distributor fulfillment operations.
Mathalon has nearly 30 years of experience in financing and
investment procurement. Most of his experience is in commercial and
property developments, working with property development and
construction management companies. Mathalon has been the
owner/principal of several funding corporations and has managed
commercial and residential properties valued at more than $60
million and arranged more than $330 million in property development
funding. He also served as the chief financial officer of LED Folio
Corp, a leading designer and manufacturer of energy efficient LED
lighting solutions with offices in Beverly Hills, CA and Riverdale,
NJ.
"Abe's track record speaks for itself," said Lefrancois. "His
knowledge of financing and investor relations is unsurpassed. We
anticipate that his long-term contribution to Greenway's success
will help drive the company's impressive growth trend."
Cool-n-Save is an award-winning and patented energy conservation
innovation that uses evaporation to reduce HVAC energy consumption
by as much as 30%. The company has been developing evaporative
pre-cool misting technology for commercial and residential air
conditioning since 2005. The company recently won the Harvey Mudd
College/TechAmerica High-Tech Innovation Award for Green
Engineering. Cool-n-Save is available for commercial and
residential air conditioning systems. Commercial Cool-n-Save
systems feature HERO, a high-efficiency turn-key water treatment
and mechanical filtration system also patented by the company.
Cool-n-Save is manufactured and marketed in the U.S.A. For more
information about Greenway Design Group, Inc. and Cool-n-Save, call
714-892-0011 or visit www.coolnsave.com and
www.greenwaydesigns.com.
FORWARD-LOOKING STATEMENTS
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS."
FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS,
OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS,
PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE,
UNDERLYING (EXPRESSED OR IMPLIED) ASSUMPTIONS AND OTHER STATEMENTS
THAT ARE OTHER THAN HISTORICAL FACTS. THESE FORWARD-LOOKING
STATEMENTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT
SUCH PREDICTIONS WILL PROVE CORRECT. ACTUAL EVENTS OR RESULTS MAY
DIFFER MATERIALLY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN
LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE
NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, OUR
COMPARATIVELY LIMITED FINANCIAL AND MANAGERIAL RESOURCES, OUR
INABILITY TO MARKET AND SELL OUR LIMITED PRODUCT LINE IN SUFFICIENT
VOLUMES THAT MAY ALLOW US TO ACHIEVE AND MAINTAIN PROFITABILITY AND
POSITIVE CASH FLOW, THE UNCERTAINTY OF MARKET TRENDS, THE INTENSE
COMPETITION FACED FROM OTHER CURRENT AND FUTURE TECHNOLOGIES AND
THE UNCERTAINTIES OF COMPETITIVE PRESSURES WE FACE. THESE OR OTHER
RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE
FUTURE RESULTS INDICATED OR IMPLIED IN SUCH FORWARD-LOOKING
STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE SUCH
STATEMENTS.
"Cool-n-Save," "Cool Release," and "HERO Water Treatment System"
are registered trademarks of Greenway Design Group, Inc.
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CONTACT INFORMATION: Ray Wyman Jr Communications Dir
EMAIL: Email Contact OFFICE: 714-892-0011
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