Radiant Energy Corporation

Radiant Energy Corporation

March 13, 2009 16:40 ET

Radiant Announces Retirement of President and CEO

TORONTO, ONTARIO--(Marketwire - March 13, 2009) - Radiant Energy Corporation, (TSX VENTURE:RDT) ("Radiant" or the "Company"), the developer and marketer of Radiant Deicing Systems, announced that Larrie Shepherd, the Company's President and CEO has retired from the Company due to health reasons and has resigned from the Board of Directors. David Williams, Chairman of the Board, will assume the role of President of the Company, effective immediately.

"Larrie has been instrumental in the successful restructuring of Radiant during his two years with the Company," noted David Williams. "Through his efforts, significant inroads have been made in re-introducing the Company to the airport and airline industry, setting a solid footing for future growth and opportunity. On behalf of the Board of Directors, I would like to thank Larrie for his contribution to the Company and to wish him the best in the future."

About Radiant Energy Corporation

Radiant is the developer and marketer of Radiant Aircraft Deicing Systems. The Company's product is the only non-glycol based alternative approved by the US Federal Aviation Administration for the pre-flight ground deicing of aircraft. Radiant's technology offers savings to airports and airlines over the use of conventional glycol-based ground deicing systems, reducing aircraft treatment costs, significantly reducing the negative impact of glycol on the environment, and reducing the environmental impact and mitigation costs normally associated with glycol deicing.

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant Energy Corporation, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Radiant Energy Corporation
    David Williams
    President and Chairman of the Board
    (416) 922-8778
    Website: www.radiantenergycorp.com