SOURCE: The Chron Organization

March 08, 2016 09:00 ET

The Chron Organization Announces New Chief Administrative and Compliance Officer

DALLAS, TX--(Marketwired - Mar 8, 2016) - The Chron Organization, Inc. (OTC PINK: USAR), announced today that Mr. Doug McKinnon has joined the Company as its new Chief Administrative and Compliance Officer. Mr. McKinnon will oversee the Company's compliance matters, corporate filing obligations, establishment and management of internal policies and procedures and assist with the development of operating processes towards ensuring a proper system of internal controls.

Over the past two years, Mr. McKinnon has served as Executive Vice President, Chief Financial Officer and as a member of the Board of Directors of Surna, Inc., a provider of climate control and environmental systems. Prior to Surna, he served as President of a private oil & gas technology company.

Mr. McKinnon has more than thirty years of experience which includes advisory and operation knowledge across a broad spectrum of industry sectors, including oil and gas, technology, and communications. He has served in C-level positions in both private and public sectors, including Chairman and CEO of an American Stock Exchange traded company, Vice President of a $12 billion market cap NASDAQ-traded company for which the management team raised over $2.2 billion, CFO of several publicly held US, Canadian and Australian companies, and CEO/CFO of various other private enterprises. As an entrepreneur, Mr. McKinnon has been involved in organizations ranging from start-up companies using venture capital funding to publicly traded, institutional investor-backed companies.

Mr. McKinnon attended Texas Christian University. He worked for nine years as a CPA in the SEC and the oil and gas practice section of Coopers & Lybrand (now PricewaterhouseCoopers). Additionally, he has extensive merger & acquisition and turnaround experience.

Byron Young, Chairman of The Chron Organization, stated, "Doug gets the kind of culture that we are trying to create and his depth of experience is second to none. We are looking forward to have him on our management team."

Alex Rodriguez, President of Chron, said, "Our goal is to become a fully reporting company as soon as possible. The addition of McKinnon to our management team is a major step in that direction. We are excited to be working alongside with him."

ABOUT THE CHRON ORGANIZATION
The Chron Organization, Inc. (OTC PINK: USAR), is a 21st century services company providing state-of-the-art Smart Home technologies and the next generation in energy utility services. The Company provides homeowners with the latest in security, monitoring and automation controls enabling homeowners to have a Smart Home at an affordable price. Chron combines that with its cloud-based, green energy services, reducing both their carbon footprint and their monthly energy expense. The Company's plan is to capture 5% of homeowners, while dramatically reducing the nation's peak electricity demand. To learn more, please visit the website at www.chronhomeservices.com.

FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.

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