Fairchild International Corporation
OTC Bulletin Board : FCHL

Fairchild International Corporation

August 08, 2005 07:30 ET

Fairchild International Corp. 'OTCBB:FCHL' Appoints President and Director

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 8, 2005) - Fairchild International Corp. (OTCBB:FCHL) today announces the appointment of Mr. Robert Klein as President and member of the Board of Directors effective August 1, 2005. Mr. Anish Somani has resigned as President and a director to pursue other business interests, but will assist Fairchild as a consultant during the transition period.

"Robert Klein brings a record of administration success with early-stage, quickly growing companies," commented Mr. Somani. "Mr. Klein's experience in energy management consulting and in assisting in the finance of early stage companies and projects will assist Fairchild as it introduces Syngas' technology to commercial market tests."

Mr. Klein has over 23 years of executive experience. As well as consulting in the energy and mining industries, his most recent projects have included the drilling of a well in California, the acquisition of a heavy oil project in Wyoming on which $12 million has been spent to date, and an over pressured gas prospect in Utah.

Mr. Klein commented, "My years in the energy industry have convinced me that renewable energy sources like the one Syngas is developing hold the best hope for the world's future energy needs. I am extremely excited to be involved in the early stages and look forward to assisting in its commercialization."

Mr. Klein held roles of increasing responsibility in other public companies and continues to serve as an active Director and Officer. He was also a Director of Yorkton Securities. Mr. Klein holds an Honors Bachelor of Mathematics (Applied) from the University of Waterloo.

About Fairchild International Corp: www.fairchildinternational.com

Fairchild International Corp. (OTCBB:FCHL), through it's subsidiary Syngas Energy Ltd., is developing an integrated gasification production system that uses modern gasification technologies to produce synthetic gas, hydrogen or electricity. Fairchild intends to further develop the technology to make it commercially viable and its goal is to sell or license the technology in order to deliver a reliable source of clean, low cost energy.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe," "will," "breakthrough," "significant," "indicated," "feel," "foresee," "revolutionary," "should," "ideal," "extremely" and "excited." These statements are made under "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See Fairchild's filings with the Securities and Exchange Commission including, without limitation, Fairchild's recent Form 10-KSB and Form 10-QSBs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

Contact Information