SOURCE: Sustainable Power Corp.

March 04, 2008 09:40 ET

CEO of Borneo Oil and Gas Corporation Joins Sustainable Power Corp.'s Board of Directors

BAYTOWN, TX--(Marketwire - March 4, 2008) - Sustainable Power Corp. (PINKSHEETS: SSTP) today announced that CEO Abd. Hamid Bin Ibrahim was elected to Sustainable Power Corp.'s Board of Directors.

John Rivera, CEO of Sustainable Power Corp., commented, "I am delighted to have such a professional in the Oil and Gas industry as a board member of Sustainable Power. His input on integrating Vetrouleum™ into the ASEAN Market is invaluable to us."

Ibrahim stated, "I am delighted to join the board of SSTP and to be part of this revolutionary technology that would be the standard bearer of the biofuel industry. Borneo Oil would devote all its resources to ensure its successful commercialization in the ASEAN region, initially in Malaysia and Indonesia."

About Borneo Oil and Gas Corporation

Located in Malaysia, Borneo Oil Bhd (BOB) is listed in the Second Board of Malaysia Stock Exchange and has three business sectors: Energy, Franchise and Property. Borneo Oil and Gas Corporation Sdn Bhd (BOGC), which is a subsidiary of BOB, enables the group to tap into the growth prospects of the oil & gas and energy related industries in the ASEAN region. With the expansive experiences and extensive expertise of the management team totaling some 150 years of working experience in the oil and gas industry, BOGC is well positioned to provide top-notch strategic and technical consultancy services to the energy related companies in the fields of waste management and renewable energy. BOB is committed to delivering continuous compelling value to its customers, consistent and sustainable returns to its shareholders and investing in human capital development.

About Sustainable Power Corp.

Sustainable Power Corp. is an international green energy service provider focused on environmentally safe power generation. The company has the exclusive rights to develop and manage a portfolio of green power plants utilizing the USSEC biofuel discovery, a renewable fuel source able to be produced from one-fifth of the soybean acreage traditionally associated with biodiesel. For more information please visit www.sstp.us.

Safe Harbor Statement

Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors available from the Company.

Contact Information

  • Investor Contact:
    Redwood Consultants, LLC
    415-884-0348