SOURCE: Salamon Group, Inc.

April 02, 2012 09:45 ET

Sunlogics Power Fund, a SALAMON GROUP, INC. Company (SLMU), Appoints Jay Bingle as President

LAS VEGAS, NV--(Marketwire - Apr 2, 2012) - SALAMON GROUP, INC. (OTCQB: SLMU) (PINKSHEETS: SLMU) announces today that its Sunlogics Power Fund has appointed Mr. Jay Bingle to the position of President.

For over 30 years, Mr. Bingle has served as an executive responsible for corporate development, strategy and business planning for such companies as Time, Inc., where he served as vice president for administration and special initiatives. He served at Paine Webber as executive vice president of administration and strategy. Also, he was responsible for corporate development at The Turner Company and International Paper Co. Mr. Bingle served as Chairman and CEO of Wunderman, Inc., a unit of Young & Rubicam Inc., one of the world's leading advertising agencies where Mr. Bingle directed more than 5,000 employees in over 80 offices in 50 countries. Mr. Bingle has also served as an advisor to and director of numerous companies and venture capital firms, including NEC, Longworth Ventures, NSI, Dentsu, m-Qube Inc., Trident Capital, NewSight Corp, Wired Assets Inc, and Viryd Technologies.

"Mr. Bingle brings with him a wealth of experience as a senior executive in large multi-national companies where he managed thousands of employees in multiple continents and we are very excited to be adding him to the position of President," said Mr. Matvieshen, CEO. He further adds, "With the global nature of our business model Mr. Bingle's ability to manage large amounts of personnel in a multi-jurisdictional environment was a key factor in our decision to bring him on; as well, Mr Bingle's extensive experience in financing and fund raising including his experience as a consultant and advisor for multiple investment funds was an equally important factor as we continue to grow our revenue generating solar asset base."

About SALAMON GROUP

SALAMON GROUP, INC., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/

For further information Contact The Orsay Groupe, Inc., William J. Nalley, #305-515-8077 info@orsaygroupe.com website: www.orsaygroupe.com.

SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.

Contact Information

  • Contact:
    William J. Nalley
    305-515-8077