SOURCE: Catalytica Energy Systems, Inc.

March 06, 2007 08:30 ET

SCR-Tech Appoints Michael Mattes Vice President of Sales and Marketing

CHARLOTTE, NC -- (MARKET WIRE) -- March 6, 2007 -- SCR-Tech, a subsidiary of Catalytica Energy Systems, Inc. (NASDAQ: CESI), announced today the appointment of Michael Mattes as vice president of sales and marketing.

Mattes joins SCR-Tech with 32 years of business operations, sales, marketing, engineering, and logistics experience, including more than 25 years in the energy and utility, chemical manufacturing and hazardous waste industries. In addition to a demonstrated ability to lead successful sales teams and marketing initiatives, his background includes a proven track record in exceeding sales goals, implementing successful pricing strategies, building customer relationships and driving service excellence.

SCR-Tech President Bill McMahon said, "Mike will play a key role in leading our sales, marketing, and business development strategy as we prepare for significant anticipated growth in the SCR catalyst and management services market expected in 2008. In addition to strengthening our customer base and further broadening visibility of our service offerings in the marketplace, his comprehensive industry experience, along with his proven ability to direct successful sales, marketing and support campaigns, will position us to consistently deliver high levels of service to our customers as production volumes increase. We welcome Mike to the Company and look forward to his contributions to the growth of the business."

Mattes will be responsible for all sales, marketing and customer service activities for SCR-Tech. He succeeds Bob Deneault, who recently left the Company to pursue other interests. Most recently, he served as vice president of sales and business development for Schneider National Bulk Carriers, where he led his sales team into new lines of businesses and improved customer relationships. From 1984 to 2005, he held several executive level positions including group vice president of Phillip Service Corporation, a leading hazardous waste disposal and service company. From 1980 to 1984, Mattes held positions of increasing responsibility in environmental engineering at Babcock & Wilcox Company, a world leader in power generation equipment design, supply and service including SCR systems for coal-fired power plants, where he was responsible for preparing bid proposals and negotiating license agreements. He began his career in 1975 as a production supervisor for E.I. DuPont, Inc., a chemical manufacturing company, achieving significant capacity increases and product improvements. Mattes earned a B.S. degree in Chemical Engineering from the University of Akron.

SCR-Tech, based in Charlotte, North Carolina, is the North American leader in catalyst regeneration technologies and management services for selective catalytic reduction (SCR) systems used by coal-fired power plants to reduce nitrogen oxides (NOx) emissions. The Company offers a wide variety of services, including SCR catalyst cleaning, rejuvenation and regeneration, as well as SCR system management and consulting services, to help power plant operators optimize their SCR system operation while reducing overall operating and maintenance costs. SCR-Tech is a wholly owned subsidiary of Catalytica Energy Systems, Inc. (NASDAQ: CESI), a provider of innovative products and services to meet the growing demand for clean energy production. For more information on SCR-Tech, please visit www.SCR-Tech.com.

Catalytica Energy Systems, based in Tempe, Arizona, provides innovative products and services to meet the growing demand for clean energy production, with a focus on cost-effective emissions control solutions for the coal-fired power generation industry. Through its SCR-Tech subsidiary (www.SCR-Tech.com), the Company offers a variety of services for coal-fired power plants that use selective catalytic reduction (SCR) systems to reduce nitrogen oxides (NOx) emissions. These services include SCR catalyst management, cleaning and regeneration, as well as consulting services to help power plant operators optimize efficiency and reduce overall NOx compliance costs. Find Catalytica Energy Systems on the Worldwide Web at www.CatalyticaEnergy.com.

This news release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created therein. These statements include, but are not limited to, those regarding the market opportunities and growth prospects for its business; the timing associated with anticipated growth in the market for SCR catalyst and management services; SCR-Tech's ability to strengthen its customer base and further broaden visibility for its service offerings to capitalize on such growth opportunities; its ability to consistently deliver high levels of service to its customers as production volumes increase; and Mr. Mattes' ability to successfully lead SCR-Tech's sales, marketing and support activities and contribute to the growth of SCR-Tech's business. These statements are subject to risks and uncertainties that could cause actual results and events to differ materially from those expressed in the forward-looking statements. These risks and uncertainties include, among others: the risks associated with the development, generally, of the Company's overall strategic objectives; successful management of SCR-Tech's business; that the Company may not be able to accurately predict future market opportunities and growth prospects for its business; possible fluctuations in economic conditions affecting the markets for SCR-Tech's service offerings; the risk that a market may not develop or be maintained for SCR-Tech's service offerings; that there may be unanticipated events that could impact the Company's ability to successfully manage SCR-Tech's business; difficulties or delays in strengthening SCR-Tech's sales and marketing activities or technical capabilities; changes in the environmental requirements relating to NOx emissions; that SCR-Tech may be unable to maintain current or develop future strategic or customer relationships for its services, including with utility and IPP customers; that any decision on the part of a customer to no longer use SCR-Tech's services could negatively adversely impact our business or results of operations; and the other risks set forth in the Company's most recent Form 10-K and subsequent Forms 10-QSB filed with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements to reflect new information, events, or circumstances occurring after the date of this release.

Contact Information

  • CONTACT:

    SCR-Tech
    Bill McMahon
    President
    (704) 827-8933

    Catalytica Energy Systems, Inc.
    Megan Meloni
    Investor Relations
    (650) 631-2847