SOURCE: AbTech Holdings, Inc.

February 28, 2011 09:00 ET

AbTech Industries Welcomes Bjornulf White as Vice President of Strategy and Business Development

SCOTTSDALE, AZ--(Marketwire - February 28, 2011) - Abtech Holdings, Inc. (OTCBB: ABHD) is pleased to announce that Bjornulf White, former portfolio manager at Lockheed Martin Corporation, has been named AbTech Industries' Vice President of Strategy and Business Development. He will be responsible for multiple aspects of the company's growth and development of business opportunities and revenue generation, including corporate strategic planning, formation of major partnerships, and business capture improvement. He will also manage AbTech's government relations and spearhead business and R&D opportunities focused on the federal government.

"With his wealth of expertise and influence within the energy and environmental technologies sector, we anticipate that Bjornulf will play a vital role in growing our bottom line, increasing our market share, entering new markets and forging partnerships with strategic players in our industry," said AbTech Founder and CEO, Glenn R. Rink. "These partnerships will be crucial to elevating the influence of our Smart Sponge brand, both in the U.S. and abroad."

During his time with Lockheed Martin Corporation, White was responsible for identifying, incubating, and expanding new technologies and markets for the corporation, including the energy and water technologies sectors. He launched, developed, and oversaw a renewable energy and water technology portfolio that included synthetic/bio fuels, alternative/renewable power production systems, and next generation water treatment technologies. Focusing on synergistic strategic partnerships, Mr. White structured major technology development and commercial project development agreements with Fortune Global 500 companies, start-ups, government laboratories and agencies, and major research universities. Prior to joining Lockheed, White worked as an attorney and business strategy consultant in Washington, DC. Mr. White holds a JD degree from the George Washington University Law School, an MPA from Cornell University's Institute for Public Affairs, and also a BA from Cornell.

"I am pleased to help lead AbTech's entry into new markets and growing business in established market sectors," said White. "I am extremely excited about AbTech's technology and its potential for significant expansion in multiple growing water treatment market sectors."

About Abtech Holdings (OTCBB: ABHD) and AbTech Industries
AbTech Industries, Inc. (a subsidiary of Abtech Holdings Inc.) is an environmental technologies firm dedicated to providing innovative solutions to communities, industry and governments addressing issues of water pollutants and contamination. Its products are based on polymer technologies capable of removing hydrocarbons, sediment and other foreign elements from still (ponds, lakes and marinas) or flowing water (curbside drains, pipe outflows, rivers and oceans). Smart Sponge Plus contains an antimicrobial agent that is effective in reducing coliform bacteria found in stormwater, industrial wastewater and municipal wastewater. AbTech's Smart Sponge technology is installed in more than 15,000 locations across America and in 8 countries worldwide. For more information please visit:

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact Information

  • Contact:
    AbTech Industries, Inc.
    4110 N. Scottsdale Rd Suite 235
    Scottsdale AZ 85251