SOURCE: Novo Energies Corporation

Novo Energies Corporation

October 13, 2009 06:00 ET

Novo Energies Corporation Announces the Appointment of Its Technical Team

NEW YORK, NY--(Marketwire - October 13, 2009) - Novo Energies Corporation, Inc. (OTCBB: NVNC) ("Novo"), a public company traded on the Over the Counter Market (OTCBB) under the symbol "NVNC," announced today that it has appointed Mr. Claude Bilodeau, with over 30 years of experience with Shell Canada; Mr. Bernard Perreault, also with 30 years of experience in petrochemicals with previous positions at SNC-Lavalin and Ultramar; Mr. Normand Prévost, with over 25 years of experience working with Shell Canada, Ultramar and Honeywell; and Mr. Pierre F. Bonnier, with over 25 years of experience in mechanical engineering and project management, to its Technical Team.

Mr. Bilodeau joined GCM Consultants after working in the refining and petrochemical industries for 32 years. He worked for 30 years for Shell Canada, mainly at Montreal Shell Refinery, as a process engineer, technical manager, and manager of LP activities. His vast plant experience covers most of the units found in refineries, in the areas of process operation and optimization, plant commissioning and start-up, safety and quality. From 2004 to 2007, Mr. Bilodeau was the general manager of PTT PolyCanada. At GCM since June 2007, he was responsible for leading the process activities of various refinery projects while coaching junior, intermediate and senior process engineers. Mr. Bilodeau received his Bachelor of Chemical Engineering from École Polytechnique of Montreal.

Mr. Perreault has 35 years' experience in design and operation engineering of crude refinery units and magnesium production facilities including equipment specification, operating procedures, performance follow-up and troubleshooting for process units, utility and offsite installations. As lead process engineer, he also worked on refinery storage and terminal projects. Mr. Perreault received his B.S. Chemical Engineering from École Polytechnique of Montreal.

Mr. Prévost is a professional engineer with over 25 years of experience with a strong expertise in process automation. He worked as a project engineer with the Honeywell group and then became director of automation for a consulting firm. He joined GCM Consultants in 1995 to lead the instrumentation and controls division. Mr. Prévost is known in the industry as an automation specialist and has conducted numerous major control projects. Mr. Prévost received his B.Eng. Electrical Engineering from Université de Sherbrooke.

Mr. Bonnier is a senior mechanical engineer who possesses a vast experience in the chemical, petrochemical and metallurgical sectors. His experience as a plant engineer and his analytical expertise make him an efficient solver of operational problems. Furthermore, he masters all aspects of mechanical engineering. For the last three years, he has supervised the technical aspects of the mechanical discipline for various industrial projects, mainly in the refining and petrochemical sectors. Mr. Bonnier received his B.Ing. Mechanical Engineering from École Polytechnique.

"Novo Energies is pursuing the planning and design of its initial pilot plants. We welcome having the expertise of Mr. Bilodeau, Perreault, Prevost and Bonnier to our Technical Team. Our Technical Team collectively brings over 100 years of operational experience in different facets of process development. Their expertise will further enable Novo to install, operate and market one of the first commercial waste to liquid fuel processes in North America of its kind," said Antonio Treminio, CEO of Novo Energies.

About Novo Energies Corporation: Novo is a public company trading on the Over the Counter Bulletin Board Market ("OTCBB") under the symbol NVNC, with offices in New York, NY and Montreal, Quebec. The Company's mission is to continue expanding within the renewable energy sector by developing and implementing renewable energy solutions while maintaining its commitment to conserve energy, natural resources and help reduce pollutants and unwanted wastes. Based upon a novel technology, Novo's wholly owned subsidiary WTL Renewable Energy, Inc. will plan, build, own and operate renewable energy plants throughout North America that will transform residual plastics and tires to valuable liquid low carbon fuels such as diesel, gasoline and fuel additives.

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on the Company's predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations and other factors that the Company has little or no control. Such forward-looking statements are made only as of the date of this release and the Company assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in the Form 10-K of the Company for the fiscal year end August 31, 2008, and other documents filed from time to time by the Company with the Securities and Exchange Commission.

Contact Information

  • Mr. Antonio Treminio
    Chairman and Chief Executive Officer
    New York Tel: +1-212-315-9705
    Montreal: +1-514-840-3697
    Email: Email Contact