CCR TECHNOLOGIES LTD.
CNSX : CRL

CCR TECHNOLOGIES LTD.

September 15, 2009 17:49 ET

CCR Technologies Ltd. Announces Management Reorganization

CALGARY, ALBERTA--(Marketwire - Sept. 15, 2009) - CCR Technologies Ltd. (CNSX:CRL) (the "Corporation") (www.reclaim.com), a leading chemical purification technology solutions and service provider, announces that Peter D. Graham of Houston, Texas, has been appointed as President and Chief Executive Officer of the Corporation effective immediately. Mr. Graham has also been appointed to the board of directors. Mr. Graham was formerly the Executive Vice President, Operations & Human Resources having joined the Corporation on October 1, 2007.

Mr. Graham replaces Marcel Kessler who has resigned his position to pursue other business interests. The board of directors of the Corporation wishes to thank Mr. Kessler for his invaluable contributions to the Corporation during his period of service. Mr. Kessler was the driving force behind the radical restructuring of the Corporation during a period of unprecedented economic turmoil and the establishment of the recently announced Joint Venture in the Middle East and Africa.

CCR Technologies purifies process chemicals and sweetens sour gas through the use of proprietary patented separation technologies. The Corporation provides environmental and economic benefits to the upstream and downstream oil and gas industries, and is also pursuing new separation business opportunities in other industries and international markets. Shares of CCR Technologies Ltd. trade on the Canadian National Stock Exchange (CNSX) under the symbol "CRL".

The above disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond CCR's control, including: the impact of general economic conditions in Canada and in countries in which CCR and its subsidiaries currently do business, industry conditions, increased competition, the lack of available qualified personnel or management, equipment failures, fluctuations in product prices and in foreign exchange or interest rates and stock market volatility. CCR's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits CCR will derive there from.

Contact Information

  • CCR Technologies Ltd.
    Peter D. Graham
    President & CEO
    (281) 988-5800
    www.reclaim.com