Robix Alternative Fuels Inc.

Robix Alternative Fuels Inc.

February 23, 2015 16:00 ET

Robix CTO and Director Resigns

LETHBRIDGE, ALBERTA--(Marketwired - Feb. 23, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Corporation") (CSE:RZX)(FRANKFURT:R0X) announced today that Nigel Bosworth has resigned from his position of Chief Technology Officer and a director of the Corporation to pursue opportunities which he believes will be beneficial to Robix in its future endeavors, namely in the identification and introduction of technologies that are complementary to the Robix Clean Ocean Vessel (COV). Mr. Bosworth will continue as a strategic advisor to the Board of Robix.

"I have accepted Nigel's resignation with the knowledge that we will continue to mutually benefit from his vast experience in the environmental technologies field," commented Nathan Hansen, President and CEO. "Robix is on the cusp of unveiling the newly completed 40-foot COV which will dramatically improve the effectiveness in mechanical response and recovery of oil spilled in open waters, ports and other emergency situations. Design work is also being done for specific application of the COV technology in oil sand tailings ponds. Response to our product to date from potential customers has been strong and we will be focusing our attention on building sales and executing delivery of orders."

About Robix Alternative Fuels

The Corporation is an "industrial products/technology" company, which has developed the Clean Ocean Vessel ("COV"), an oil spill recovery vessel design with the capability to recover oil not only in rough and debris laden sea conditions but more contained environments such as lakes and rivers. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing agreements with other industry participants, wherein Robix will use its COV patented design solution.

No stock exchange or any securities regulatory body has reviewed the contents of this news release.

Contact Information