SOURCE: Ram Power, Corp.

Ram Power, Corp.

September 13, 2010 08:00 ET

Ram Power Appoints John O'Neill as Vice President and Chief Financial Officer

RENO, NV--(Marketwire - September 13, 2010) -  Ram Power, Corp. (TSX: RPG) ("Ram Power") is pleased to announce the appointment of John O'Neill as Vice President and Chief Financial Officer. The addition of Mr. O'Neill complements Ram Power's existing management staff with a high level of expertise in key areas as Ram Power continues its commitment to become the leading renewable energy company. 

In his new position, Mr. O'Neill will take over as Chief Financial Officer from Paul Zavesov, who will be transitioning to a senior role in Business Development. Mr. O'Neill was most recently at EGB Consulting, where he provided strategic guidance on debt and capital raises, mergers, acquisitions, business sales and turnaround management and recapitalization. Prior to EGB, Mr. O'Neill served as Chief Financial Officer and Treasurer of Homeland Renewable Energy, which specializes in Biomass renewable energy. Mr. O'Neill was also Chief Financial Officer and Treasurer of the Environmental Power Corporation, a NASDAQ listed company, CFO and Treasurer of Constellation NewEnergy, (the largest retail electricity company in North America) and also worked as a CPA and Sr. Mgr for KPMG. Mr. O'Neill holds a B.S. in Accounting from Bentley University in Waltham, Massachusetts. 

Hezy Ram, CEO of Ram Power, stated, "I would like to thank Paul for all of his work on behalf of the Company as interim Chief Financial Officer and look forward to his continuing contributions to Ram Power's success in his new role. I want to welcome John to the Ram Power team. His collective skills, expertise and experience will be great assets in helping Ram Power strengthen the necessary infrastructure to improve management of our rapid growth." 

About Ram Power, Corp.

Ram Power is a renewable energy company based in Reno, Nevada, engaged in the business of acquiring, exploring, developing, and operating geothermal properties and has an interest in geothermal projects in the United States, Canada, and Latin America. 

Cautionary Statements

This press release contains "forward-looking information" within the meaning of applicable securities laws including information regarding the business of Ram Power. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by this information. The statements in this press release are made as of the date of this release. Ram Power, undertakes no obligation to update forward-looking information, other than as required by law, or comment on analyses, expectations or statements made by third-parties in respect of Ram Power, or its financial or operating results or its securities.

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