SOURCE: Harmonic Energy Inc.

Harmonic Energy Inc.

March 14, 2012 09:08 ET

Harmonic Energy Names Adrian Smith Chairman of the Board

LONDON--(Marketwire - Mar 14, 2012) - Harmonic Energy Inc. (OTCQB: ASUV) (OTCBB: ASUV) is a company focused on tire manufacturing and recycling using an innovative approach to energy efficiency and sustainability. Harmonic is honored to appoint Mr. Adrian Smith as the non-executive Chairman of the Board of Directors.

Mr. Adrian Smith, our newly appointed Chairman and Director, has over 30 years of senior Executive experience and currently is the CEO of the Woolton Group LLC. Mr. Smith specialises in projects that focus on renewable energy, clean technology, global telematics and development of qualitative consumer research.

Mr. Smith retired from Deloitte Touche Tohmatsu in 2004, after serving as the managing partner for global marketing and communications. Before joining Deloitte in 2000, he was CEO at Grant Thornton LLP. Prior, Mr. Smith was the worldwide managing partner at Arthur Andersen LLP from 1991 to 1997.

Mr. Smith spent 13 years with Procter and Gamble in the United Kingdom beginning 1966, before joining Ecolab Inc. in 1979 as Vice President for consumer marketing operations in Europe. He relocated with Ecolab to the USA in 1981 as the senior Vice President responsible for international marketing and R&D. Mr. Smith also managed the Asia Pacific subsidiary operations before relocating to Toronto in 1988 as President of Ecolab Canada. Mr. Smith was the interim managing director at Datacard in the UK from 1990 to 1991.

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About Harmonic Energy Inc.

Harmonic Energy Inc. is a company that focuses on a comprehensive solution to the disposition of scrap tires worldwide. Harmonic plans include the utilization of proven technologies that ensure each scrap tire is either remanufactured and put back on the road as a new tire or is completely recycled and reduced into marketable chemical commodity products. Both the tire remanufacturing and carbonization technologies that will be utilized by Harmonic must be commercially proven and have viable operating facilities not bound by subsidies.

Harmonic plans to be the first company to integrate these two technologies to provide a comprehensive 'closed-loop' solution for the management of scrap tires. By design, Harmonic plans to offer a solution that replicates nature's intentions by developing symbiosis between waste, energy supply and sustainable growth.