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, CEO
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SOURCE: Ridgeline Energy Services Inc.
For further information:
Ridgeline Energy Services Inc.
(604) 566-8066 ext. 3 (Vancouver)
Robert Blum, Joe Diaz or Joe Dorame
Lytham Partners, LLC
(602) 889-9700 (Phoenix)