Ridgeline Appoints Kevin Bridges as Chief Financial Officer

CALGARY, Sept. 19, 2012 /CNW/ - Ridgeline Energy Services Inc. ("Ridgeline" or the "Company") (TSXV: RLE) (OTCQX: RGDEF) (FSE: RL7), an energy services and water treatment company, today announced that Kevin M. Bridges has been appointed Chief Financial Officer, effective October 1, 2012. Mr. Bridges succeeds James Yeager, who will be leaving the company to pursue other opportunities.

Tony Ker, president and chief executive officer of Ridgeline, said, "We are pleased to have Kevin Bridges join Ridgeline at this important point in the history of the company. He has demonstrated a record of success in managing financial operations at rapidly growing corporate entities. In particular, as we look to further deploy our wastewater treatment technologies throughout North America, Kevin's extensive experience in the real estate sector will assist us as we look to acquire facilities such as our Santa Fe Springs operation in Southern California. We look forward to his leadership as we work to grow Ridgeline into a leading wastewater treatment and environmental management company in the coming years."

Mr. Bridges, 46, brings more than a decade of experience in senior management positions in finance and accounting with both public and private companies. From 2006 to the present, Mr. Bridges served in positions of increasing executive responsibility for the Shopoff Companies, a private real estate investment firm specializing in offering qualified clients diversified long-term investment opportunities for a diversified client base including banks, developers, builders, and high net worth individuals. Mr. Bridges served as Chief Financial Officer, was a member of the Board of Directors and Corporate Secretary of Shopoff Properties Trust, a publicly registered, non-traded real estate investment trust. Mr. Bridges also acted as Financial and Operations Principal, during and subsequent to the launch of Shopoff Securities Inc., a registered broker/dealer firm. Additionally, Mr. Bridges was the Chief Financial Officer for The Shopoff Group, L.P., a real estate venture capital and investment firm. From 2001 to 2006 Mr. Bridges was Director of Finance for Newport Beach, California-based Cameo Homes with responsibility for equity and debt financing. Mr. Bridges holds a Bachelor's degree in Business Administration from The University of Texas at Austin and is a Certified Public Accountant.

"I would also like to extend my appreciation to James Yeager for his service to the company," continued Mr. Ker. "His focus and dedication has helped us in setting the stage for the company to step up to the next level of its development. We wish him well in his future endeavors."

About Ridgeline Energy Services Inc.

Ridgeline Energy Services Inc. is an energy services and water treatment company. The Company is applying proprietary technology to treat water generated from industrial and commercial waste water markets. These markets include a wide variety of clients across a broad spectrum of industries including oil and gas. Through its environmental consulting and remediation divisions, Ridgeline Environment has built a reputation as an established provider of environmental services to the Western Canadian oil and gas industry. Ridgeline GreenFill provides soil remediation and wet waste disposal services to the oil and gas industry.  The Company trades on the TSX Venture Exchange under the symbol "RLE", the OTCQX as "RGDEF" and the Frankfurt Stock Exchange as "RL7".

Additional information is available on the Company's website at: www.ridgelinecanada.com.

ON BEHALF OF THE BOARD OF DIRECTORS
"Tony Ker"
Tony Ker, CEO

"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 news release. This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Such information is subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking information.  Readers are cautioned not to place undue reliance on forward-looking information, as no assurances can be given as to future results, levels of activity or achievements."

SOURCE: Ridgeline Energy Services Inc.

For further information:

Ryan Johnson 
Ridgeline Energy Services Inc.

Corporate Development

(604) 566-8066 ext. 3 (Vancouver)

rjohnson@ridgelinecanada.com

Robert Blum, Joe Diaz or Joe Dorame

Lytham Partners, LLC

Investor Relations

(602) 889-9700 (Phoenix)

RLE@lythampartners.com

Profil de l'entreprise

Ridgeline Energy Services Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.