Germany: WKN A0MNSR /
VANCOUVER, July 19, 2012 /CNW/ - Nass Valley Gateway Ltd. (the "Company"
or "Nass Valley") wishes to announce that Messrs. Peng Zhang and John
Patrick Copeland have joined Nass Valley's Board of Directors.
Mr. Zhang, General Manager of Vixon Technology Ltd. ("Vixon") is a
seasoned professional in research and development of microwave for
medical and clinical applications. He assisted in the development of
many essential inventions of microwave technology for medical and
clinical applications such as water-cooled microwave ablation system
and ablation focused hyperthermia system. He also pioneered novel
"first-in-man" microwave therapeutic applications with over 20 years in
the specialty medical device industry. He directed the successful
transition from Microwave Research Institute into a vital world class
commercial enterprise with intellectual property pertinent to
industrial and medical device industries.
Mr. Copeland was educated in Economics at the University of Manitoba.
Through Mr. Copeland's efforts in the insurance industry, he has
qualified for the "Top of the Million Dollar Round Table", a
designation achieved by fewer than 250 individuals in the world. He has
served on a number of corporate boards and has been involved in the
raising of several hundred million dollars of corporate funding over
The Company expressed regrets that Mr. Jayram Hosanee, Chief Financial
Officer has resigned from his position as Director and CFO of the
Company to pursue his career objectives. The Board of Directors and
Management acknowledged his contributions as an invaluable asset of the
management team, and wish him the best for his future endeavours.
The Company also wishes to announce that Mr. Michael Zhu has joined the
Company to replace Mr. Hosanee. Mr. Zhu is a Chartered Accountant with
more than 10 years of public practice experience in various Canadian
accounting firms. He has also worked as a research analyst for
overseas financial institutions. He graduated from Information &
Electronic Engineering department in Zhejiang University with an
Optoelectronic Technology major. The Company welcomes the addition of
Mr. Zhu to its management team.
Vixon is the joint venture partner in Nass Valley's joint venture
through its subsidiary, M-Wave EnviroTech Inc., ("M-Wave") for the
assembly and commercialization of industrial drying systems based on
its micro-wave technology. The Company has entered into a term sheet
with a local company for the installation of the first wood shingle
drying plant based on its M-Wave Technology M-Wave. The term sheet
will be subject to a joint venture agreement to be executed between
M-Wave EnviroTech Inc. and the joint venture partner.
ABOUT NASS VALLEY GATEWAY LTD.
Nass Valley Gateway Ltd. started off exploring industrial minerals and
precious metals and progressed in consulting on viable geothermal
exploration projects and resource assessment respectively through its
wholly owned subsidiaries Kirkland Precious Metals Corp. and Nass
Since 2011 NVG is focused on developing, marketing and establishing
environmentally responsible Energy Converting and Waste Disposal
Technology, through its subsidiary, Global Environomic Systems
Corp.("GSC"), and progressed in 2012 on specific microwave technology
applications through its wholly owned subsidiary, M-Wave EnviroTech
Inc. which NVG views as a technology niche complementary to GSC's
Nass Valley Gateway and its subsidiaries are devoted to building value
for their shareholders and employees, contributing to the improvement
of the communities in which they operate through employment creation,
and implementing sustainable practices designed to preserve and enhance
The CNSX has not reviewed, and does not accept responsibility for the
adequacy or accuracy of the contents of this news release.
SOURCE Nass Valley Gateway Ltd.
For further information:
Chairman & CEO