World Energy Solutions, Inc. Appoints New Chief Operating Officer
ST. PETERSBURG, Fla., Jan. 25, 2008 (PRIME NEWSWIRE) -- World Energy Solutions, Inc. (OTC BB:WEGY.OB - News), a company focused on energy conservation technologies and environmental sustainability, announced today the appointment of Peter W. James as the Chief Operating Officer (COO) of the company, effective immediately.Peter James is currently on the Board of Directors of World Energy Solutions, first appointed in October, 2006 and has handled the marketing of the major energy efficiency projects now under development. As COO, Mr. James will be responsible for the sales and marketing of all current product ranges. In doing this he will develop and implement a marketing plan to ensure the operating profitability of domestic and overseas sectors. Mr. James will also be in charge of attaining manufacturing licenses for new commercially-ready products which have been researched and developed internally. In addition to leading World Energy's marketing and sales efforts, Mr. James will be responsible for the re-organization of the company and its corporate governance as the company continues to grow.
Mr. James has a successful background in international marketing and in selling to the federal, state and municipal governments in the USA. He is a UK qualified CPA and a commercial lawyer with wide experience in dealing with European and Asian markets. He is a member of the Spectrum Group, a Washington DC based defense lobbyists group, and has relevant trading links in the European Community for energy-efficient products and services. He is a former President of the Cardiff Chamber of Commerce (UK), which was the first City to twin with a Chinese City in 1986. Additionally, he is a former senior officer of the Royal Navy Reserve and formerly Secretary General of CIOR, the NATO agency responsible for its c. 8,000,000 Reserve Forces.
Mr. James commented, ``I am enthusiastic about enlarging the market base of World Energy Solutions. An additional range of TVSS (surge suppressors) is due to be launched in February 2008, and the newly developed 'pure air technology' has generated interest from a number of potential customers, including the federal government. The water additive for diesel engines in motor vehicles, railroad locomotives and ships has also generated interest and my primary task will be to secure new customer orders for these developments.''
About World Energy Solutions
World Energy Solutions, Inc. (OTC BB:WEGY.OB - News) is an Energy Services Company and electronics manufacturer. WES's primary business focus is the development of technology for lowering electrical, gas and water usage for commercial, government and residential facilities. As a pioneer in the manufacturing of the finest TVSS systems available in the market today, WES uses cutting edge technologies and unsurpassed design standards to provide its customers with full lifetime warranties on its products.
For more information about WES please visit its website at http://www.wesinc.net.
Forward-Looking Statements: Certain matters discussed in this press release are ``forward-looking statements.'' These forward-looking statements can generally be identified as such because the context of the statement will include words such as ``expects,'' ``should,'' ``believes,'' ``anticipates'' or words of similar import. Similarly, statements that describe World Energy Solutions' future plans, objectives or goals are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, including the financial performance of World Energy Solutions, which could cause actual results to differ materially from those currently anticipated. Although World Energy Solutions believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, they cannot give any assurance that their expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating any forward-looking statements. Certain factors could cause results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are discussed below. These factors are not exhaustive. New factors, risks and uncertainties may emerge from time to time that may affect the forward-looking statements made herein. These forward-looking statements are only made as of the date of this press release and World Energy Solutions does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.