SOURCE: SunVault Energy, Inc.

SunVault Energy, Inc.

January 14, 2014 09:30 ET

SunVault Energy, Inc. (SLVT) Appoints Gary Monaghan as Interim CEO

KELOWNA, BC--(Marketwired - Jan 14, 2014) -  SUNVAULT ENERGY, INC. (OTCQB: SVLT) announces the appointment of Mr. Gary Monaghan as its Interim Chief Executive Officer.

Mr. Monaghan's background includes both public and private companies, from start-up to fully mature operations. He co-founded MDU Communications Inc. and built the Canadian operations to 35,000 subscribers before being sold to Shaw Direct for $10 Million. Mr. Monaghan has a proven track record with a number of technology companies in the early growth phase.

Mr. Monaghan, Interim CEO, states, "I'm a shareholder in SVLT prior to this appointment and I would like to thank the board of SVLT for this opportunity. SVLT has a unique position in the alternative energy solar generation segment, and as CEO, I look forward in bringing my experience to move this Company in a timely positive direction."

The Company further announces that Mr. Gary Monaghan has posted his letter of introduction to all shareholders and other interest parties on the Company website at http://www.sunvaultenergy.com/web20/presidents-message-january-14th-2014/.

The Board at SVLT would like to thank Mr. John Crawford for his services to the Company and wish him success in his future endeavours.

For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 757-306-6090, email: yes@yesinternational.com

Safe Harbor: Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like "believe," "expect," "anticipate," "estimate" and "intend" or future or conditional verbs such as "will," "would," "should," "could" or "may." We undertake no obligation to update any forward-looking statements.

Contact Information

  • Contact:
    Rich Kaiser
    YES INTERNATIONAL
    757-306-6090