CALGARY, Feb. 22 /CNW/ - EmberClear (TSXV: EMB) announced today that Mr.
Geoff Rhoads and Mr. Winston Guillory are leaving the Company's board
of directors, effective immediately. With the change in business focus
towards energy, the two directors with strong information technology
backgrounds have chosen to resign and pursue other interests.
"Mr. Rhoads has been a long time contributor to the company as a
director and investor. Mr. Guillory joined the board at a time when
crucial strategic decisions were required regarding the Company's
digital media efforts," stated Mr. Albert Lin, Chairman of the Board of
EmberClear. "One of the greatest challenges any director may face is
the need for a drastic change in the business. Both directors have been
champions on behalf of our shareholders with their ability to embrace
the facts and accept the logical conclusions no matter how difficult.
We thank them for their integrity and service."
Mr. Rhoads expects to continue his many entrepreneurial interests while
based in Portland, Oregon. Mr. Winston Guillory has recently been
appointed as CEO of GeoSentric by its Board of Directors and continues
to reside in Dallas, Texas.
EmberClear Corp. ("EmberClear") is a clean energy technology company
developing energy projects around the world. EmberClear will provide
engineering and project development services for economic and efficient
clean fossil energy solutions and scientific consulting services for
international projects. EmberClear projects will utilize advanced
carbon based gasification technology acquired through exclusive and
non-exclusive licenses. EmberClear also holds title to real estate and
coal deposits. EmberClear intends to utilize additional technology
licenses as needed to fully develop commercial scale energy projects.
For more information please visit www.emberclear.com
Safe Harbour for Forward-Looking Statements
Certain statements contained in this document constitute forward-looking
statements or information (collectively "forward-looking statements")
within the meaning of the "safe harbour" provisions of applicable
securities legislation. Forward-looking statements are typically
identified by words such as "anticipate," "continue," "estimate,"
"expect," "forecast," "may," "will," "project," "could," "plan,"
"intend," "should," "believe," "outlook," "potential," "target,"
"seek," "budget," "predict," "might" and similar words suggesting
future events or future performance. All statements other than
statements of historical fact may be forward-looking statements. In
particular, this document contains forward-looking statements
pertaining to the adoption of advanced energy solutions and the global
demand for clean technology. With respect to forward-looking statements
contained in this document, we have made assumptions regarding the
demand and political support for clean energy technologies and the
existence of coal resources or reserves on EmberClear lands. Although
we believe that the expectations reflected in the forward-looking
statements contained in this document, and the assumptions on which
such forward-looking statements are made, are reasonable, there can be
no assurance that such expectations will prove to be correct. Readers
are cautioned not to place undue reliance on forward-looking statements
included in this document, as there can be no assurance that the plans,
intentions or expectations upon which the forward-looking statements
are based will occur. By their nature, forward-looking statements
involve numerous assumptions, known and unknown risks and uncertainties
that contribute to the possibility that the predictions, forecasts,
projections and other forward-looking statements will not occur, which
may cause our actual performance and financial results in future
periods to differ materially from any estimates or projections of
future performance or results expressed or implied by such
forward-looking statements. The forward-looking statements contained in
this document speak only as of the date of this document. Except as
expressly required by applicable securities laws, we do not undertake
any obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. The forward-looking statements contained in this document
are expressly qualified by this cautionary statement.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
© 2011 EmberClear Corp. All rights reserved.
All other trademarks are the property of their respective owners.
SOURCE EmberClear Corp.
For further information:
David G. Anderson
+1 (403) 264-8817