SOURCE: Sustainable Power Corp.

March 24, 2008 09:55 ET

Parlacen President Julio Gonzalez-Gamarra Joins Sustainable Power Corp.'s Board of Directors

BAYTOWN, TX--(Marketwire - March 24, 2008) - Sustainable Power Corp. (PINKSHEETS: SSTP) today announced that Parlacen President Julio Gonzalez-Gamarra was elected to Sustainable Power Corp.'s Board of Directors.

President Gonzalez-Gamarra recently visited the Sustainable Power plant in Baytown, Texas and after reviewing plant operations and assessing the results of the Rivera Process, he fully endorsed the company operations in a press conference given in Baytown. At that conference, Ricardo Luna Waldheim from the Parlacen Department of Engineering, speaking for the Parlacen delegation, noted, "[Underdeveloped] countries don't have crude oil, but the do have the agriculture to make a joint venture... instead of being energy dependent, they could be exporting crude oil. It's a great opportunity for the democratic countries." Mr. Gonzalez-Gamarra is the incumbent President of Parlacen for the State of Guatemala for the 2007-2008 term. Mr. Gonzalez-Gamarra served as a Deputy in the Guatemalan Congress (1994-96), President of the Agriculture, Livestock and Fisheries Commission (1995-96) and Vice-President of Parlacen for the State of Guatemala (2006-07).

John Rivera, CEO of Sustainable Power Corp, stated, "We are happy to have President Gonzalez-Gamarra join our board at such an important time in our company's development. He will be a valuable asset in our expanding operations in Central and South America; President Gonzalez-Gamarra will be in a position to provide significant help in Guatemala where initial steps have been taken to produce up to 1 Giga-watt of green power to the private sector of the country."

About the PARLACEN

The PARLACEN, or Parliament of Central America, was created by the agreements "Esquipulas II," signed in 1987 by the presidents of the region, but did not start its operation until October 28, 1991. The forum is composed of representatives Guatemala, El Salvador, Honduras, Nicaragua, Panama, and the Dominican Republic. Mexico attends meetings of the PARLACEN as an observer.

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 biocrude discovery, a renewable fuel source that uses cellulosic biomass from various sources. 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