SOURCE: Umbra Applied Technologies Group, Inc.

Umbra Applied Technologies Group, Inc.

June 23, 2015 11:20 ET

Umbra Applied Technologies Introduces Chief Financial Officer

SHORT HILLS, NJ--(Marketwired - Jun 23, 2015) - Umbra Applied Technologies Group (OTC: UATG) announced today the appointment of Thomas L. Crom as Chief Financial Officer. Mr. Crom's official start date is July 01, 2015. Mr. Crom has served senior executive positions with North and South American natural resource (mining, oil and gas), finance & investment companies, and new-technology companies. During this time he has held positions of Chairman, President and CFO within a number of private and public companies and has over 25 years of international experience.

Umbra Applied Technologies Group's, Chairman and Chief Executive Officer, Alex Umbra, commented that "Mr. Crom is a valuable addition to our management team and will be beneficial in managing the next phase of growth. His extensive experience will help drive shareholder value and bolster our financial posture. He will contribute to the focus on instituting top tier financial control structures and building strong internal operational infrastructure which will be pivotal as we begin the process to uplist in the future. We are fortunate to have him and look forward to his contributions that will add to our success. We will continue our process of adding talented leadership to our staff in the coming months."

About Mr. Crom:
Mr. Crom holds a Master's Degree in Business and several professional designations and is listed in the International Who's Who of Finance.

He has worked throughout the Americas for over 25 years, particularly in Chile, where he lived for several years and was responsible for a large number of mining projects, including a number which achieved production.

He has been responsible for corporate compliance, filings, IPO's, SPO's, risk analysis, business strategic planning, financial control, capital raisings and acquisitions, mergers and joint ventures.

Safe Harbor
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.

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