Press Release
October 8, 2008
Methes Energies International Ltd. Announces New Advisory Board
New York, October 8, 2008 – Methes Energies International Ltd. is proud to announce the creation of its first Advisory Board. This Board will consist of a diverse group of accomplished individuals who will bring invaluable insight and expertise to Methes Energies. The leaders and experts joining the Board will assist in developing short and long-term strategies and goals, as well as helping Methes Energies with its continuous involvement in research and development.
Michel G. Laporte, President of Methes Energies International Ltd., said, “We’re delighted and very fortunate to have such talented and knowledgeable individuals joining our team. The decision to join our company speaks a lot about their enthusiasm and passion – all of us at Methes Energies look forward to work with our new Advisory Board members”.
Methes Energies’ new Advisory Board members include:
Mr. Perichiyappan Senthilnathan. Senthil possesses a comprehensive background and experience in the fields of chemical and environmental engineering.
He holds a B. E. in Chemical Engineering with Honours; an M.Tech. in Chemical Reaction Engineering; and a Ph.D. in Environmental Engineering. For the past 25 years, he has worked to apply his knowledge and develop his current expertise in those fields, nationally and internationally. The track record of his successful accomplishments makes him an outstanding icon in the fields of his expertise.
A summarized Career Profile for Mr. Perichiyappan Senthilnathan can be found on Methes’ website at: http://www.methes.com/Profiles/perichiyappansenthilnathan.html
Mr. Kebir Ratnani is also a member of the Board of Directors. Mr. Ratnani’s proficiency in his fields of expertise led him to develop 13 inventions for which he now owns patents; all related to natural gas, petrochemical and environmental technologies. Mr. Ratnani earned a B.Sc. A. and a B. Sc. A. in Chemical Engineering from Laval University in Quebec, Canada and a Diploma in Management & Marketing from the Institute of Gas Technology in Chicago, USA.
About Methes Energies International Ltd. (“Methes International”)
Through its two wholly-owned subsidiaries - Methes Energies Canada Inc. and Methes Energies USA Ltd. - Methes Energies International Ltd. stands as a leader in the biodiesel arena with its innovative and efficient processes that are delivered to its clientele in easy turn-key solutions. These biodiesel solutions are designed for heavy users of biodiesel and diesel fuels, traditional diesel and biodiesel fuel distributors, large scale biodiesel producers, as well as entrepreneurs seeking the independence of producing their own fuel.
In 2007, Methes Energy Inc. introduced the Denami 600. This state-of-the-art design is the industry’s first compact, fully automated continuous flow biodiesel processor that offers the flexibility of using a wide variety of feedstock options. We believe that the Denami 600 positions itself as the most reliable and cost effective method of producing quality top grade B100 biodiesel fuel, which meets or exceeds current ASTM standards. The Denami 600 can produce a total of 1.3 million gallons (5 million liters) per year. Additionally, the Denami 600 is one of the only commercially available fully automated compact units on the market today. Finally, Methes Energies provides its customers with an efficiency of scale, reliability and independence from the traditional petroleum business sector. More information can be found at www.methes.com.
Forward-looking Statements: This news release contains forward-looking statements related to the future financial condition and results of operations of Methes. These statements are based on current expectations and estimates about the biodiesel markets and industry in which Methes operates and management's beliefs and assumptions regarding these markets. These statements are subject to important risks and uncertainties which are difficult to predict and assumptions which may prove to be inaccurate. Some of the factors which could cause results or events to differ materially from current expectations include but are not limited to: general economic conditions, market or business conditions; changing competitive environment; changing regulatory conditions or requirements; changing technology; and success in implementing productivity initiatives. Some of these factors are largely beyond the control of Methes. Should any factor impact Methes in an unexpected manner, or should assumptions underlying the forward-looking statements prove incorrect, the actual results or events may differ materially from the results or events predicted. All of the forward-looking statements made in this document are qualified by these cautionary statements, and there can be no assurance that the results or developments anticipated by Methes will be realized or, even if substantially realized, that they will have the expected consequences for Methes. Readers should not place undue reliance on any forward-looking statements. Further, Methes disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence. |