TORONTO, Sept. 11, 2014 /CNW/ - EnerDynamic Hybrid Technologies Corp. (formerly MCM Capital One Inc.) ("EHT" or the "Company") (TSX-V: EHT) is pleased to announce that it has appointed Paul Ghezzi, as President. In addition, Mario Zen is joining the Company as VP Global Business Development and Tom Bryson is assuming the role of Chief Technology Officer.
Mr. Ghezzi, CPA/CA is a veteran of the solar energy power generation industry and is experienced in all facets of the solar energy value chain with a focus on managing operating commercial scale solar projects. He has been involved in large scale financings for both non-recourse project financing and long-term debt financing. As the former President and CEO of Solar Income Fund, a private investment fund, Mr. Ghezzi managed in excess of 100 Megawatts of successful solar energy developments since 2009.
"Paul brings years of relevant renewable energy experience to our team and I am delighted to welcome him to EHT," commented John Gamble, CEO of EHT. "In addition to his breadth and depth of industry experience, Paul brings a keen focus on structuring complex business transactions and executing business and operating plans. His ability to clearly define strategy and drive growth and profitability is a critical skill set as we transition to an accelerating growth stage of our Company's evolution."
In addition, Mr. Mario Zen joins EHT as VP Global Business Development, focusing on emerging markets. Mr. Zen has over 30 years of global business development experience and for the last 9 years was instrumental in the growth of LDK Solar from initial start up to becoming one of the largest solar component manufacturers in the world. Mr. Zen has developed direct strategic relationships with Governments globally and is a well-known leader in the global solar supply chain.
Mr. Gamble continued, "The addition of Mario to our management team provides us with direct access to a growing number of Government and commercial opportunities globally. Mario's mandate will be to leverage his extensive contacts and enhance our relationships with key customers with the objective of growing our global sales."
Tom Bryson will transition from his current position as President of EHT to Chief Technology Officer. Mr. Bryson, the original inventor of the EHT wind turbine and wind vane, will continue to develop the EHT suite of energy solutions.
"Tom is a tremendous asset to the Company and we are pleased that he can now focus on continuing to develop innovative and commercially relevant product offerings and unique renewable energy solutions in his new role as CTO," said John Gamble.
In support of these management enhancements, the Company has also strengthened its Board of Directors. The Directors of the Company now include John Gamble, Paul Ghezzi and Tom Bryson as well as independent Directors Bruce Bent and Rob Fia.
The Board would like to thank Kingsdale Capital Markets and specifically Mr. Rob Fia and Mr. Cameron Prange for their extensive advice, comprehensive knowledge of capital markets and clear identification of the financing requirements best suited to support the Company. Mr. Rob Fia was instrumental in identifying the CPC as the best vehicle for EHT listing as well as providing tremendous support in moving the listing process forward. The Board would also like to thank Mr. Joe Heng of MCM Capital One who worked diligently with his Board, legal and audit service providers to facilitate the transaction.
About EnerDynamic Hybrid Technologies
EHT delivers proprietary, turn-key energy solutions which are intelligent, bankable and sustainable. Our energy products and solutions can be implemented immediately wherever they are needed. EHT stands above its competitors by combining a full suite of solar PV, wind and battery storage solutions, which can deliver energy 24 hours per day in both small-scale and large-scale format. Through our 90,000 square foot facility in Ontario, Canada and our growing international foot-print we are able to manufacture, distribute and install world leading energy solutions across the globe. EHT excels where no electrical grid exists in addition to traditional support to established electrical networks which is the new era in the renewable industry.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The statements herein that are not historical facts are forward‐looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties. Actual results could differ from those currently projected. The Corporation does not assume the obligation to update any forward‐looking statement.
SOURCE: Enerdynamic Hybrid Technologies Corp.
For further information: David Prue, Corporate Communications, 905-401-8303, firstname.lastname@example.org; Wanda Cutler, Media/Investor Relations, 416-303-6460, email@example.com; Company Website: www.ehthybrid.com