SOURCE: ECOLOGIX Resource Group

ECOLOGIX Resource Group

August 25, 2010 08:30 ET

ECOLOGIX Resource Group Appoints Dr. Philip Rudolph Du Toit as President of African Administration

BEVERLY HILLS, CA--(Marketwire - August 25, 2010) -  Ecologix Resource Group (OTCBB: EXRG) announced today the appointment of Dr. Philip Rudolph Du Toit as president of African Administration, effective immediately. He will oversee Ecologix's African operations and business development.

Dr. Philip Rudolph Du Toit is currently president and CEO of Transnational Automotive Group, whose primary business is focused on acquiring, developing and providing urban and rural mass transit systems in leading sub-Saharan countries through partnerships established with the central governments of the respective sponsoring nations. Dr. Du Toit is currently chairman of LeBus, a wholly-owned subsidiary of Transnational Automotive Group, which serves as the city bus service in the capital of Yaounde. He is also the former chairman and CEO of LeCar Transportation Corporation, a 100%-owned inter-city transportation operating subsidiary of Transnational Automotive Group. Dr. Du Toit is also CEO of his own legal practice, Philip Du Toit Attorneys, and head of the Philip Du Toit Group.

Dr. Du Toit has recently worked on various high-level international projects in the energy sector that had a combined project value of over $600 million. His work included site identification, financing, construction coordination, and a range of legal work including structuring gas supply agreements. He has also worked on a various projects in highway/road construction that involved a high-level of negotiation with local governments, securing of financing and a variety of legal duties. Dr. Du Toit has also utilized his skills by working on diverse projects in Africa relating to housing development, mining and exploration, and oil concessions. Philip has also served on the board of directors of many prominent companies in the natural resource and energy fields.

"With our Cameroon operations moving in the right direction now is the time to re-accelerate growth. Philip's experience and success leading various wide-reaching international projects, as well as his deep industry knowledge and strong leadership skills combine to make him the ideal leader for our African operations. I am excited to work closely with Philip on the aggressive pursuit of global business opportunities and the development of the transportation infrastructure critical to execute on our strategic plan," said Robert Radoff, president of Ecologix.

Dr. Du Toit received a BA from Pretoria University and his PHD in legal studies from Pacific Western University. 

About Ecologix Resource Group

Ecologix Resource Group is a natural resource company focused on the timber industry and production of alternative energy solutions in accordance with the most stringent environmental standards regulating these industries. Ecologix has an unyielding commitment to global conservationism, and is structured to operate in a manner that is responsible, compliant and profitable. Presently, the Company's focus is primarily on the timber industry; however, as the business grows, Ecologix continues to explore opportunities with other natural resources such as biofuel and oil, and will evaluate other countries and geographies. Additional information on Ecologix Natural Resource Group is available on its website, www.ecologixrg.com.

Forward-Looking Statements

This press release contains forward-looking statements made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned that a number of factors could cause our actual results to differ materially from any results indicated in this release or in any other forward-looking statements made by us, or on our behalf. These include among others factors related to general economic conditions, interest rates, demand for materials handling products and construction equipment, performance of our manufacturing facilities and the cyclical nature of the materials handling and construction equipment industries. Further, historical information should not be considered an indicator of future performance. Additional considerations and important risk factors are described in our reports on Form 10-K and 10-Q and other filings with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Ecologix Resource Group
    Toll free: 1 888-LOGIXRG (564-4974)
    Email: ir@ecologixrg.com