Scottsdale, Arizona 9/13/2008 2:03:02 AM
News / Finance

China Energy Recovery Inc. (CGYV.OB) Names Seasoned CTO to Enhance Company Growth

http://www.qualitystocks.net/ would like to highlight China Energy Recovery Inc. (OTCBB: CGYV). The company is an international leader in energy recovery systems with a primary focus on the Chinese market. The company’s technology has the ability to capture industrial-waste energy to produce low-cost electrical power. Not only does this reap benefits for the environment, but offers industrial manufacturers an opportunity to cut energy costs and generate sellable emissions credits.

In the company’s news yesterday,

China Energy Recovery Inc. (CGYV.OB) (CER) announced James Zhao will join its team as the chief technology officer of Shanghai Hai Lu Kun Lun Hi-tech Engineering Co. Ltd., an operating affiliate of CER.

 

“We’re very proud to have James Zhao join our management team at such a critical time in the company’s growth,” Qinghuan Wu, CEO and chairman of CER stated in the press release. “James has worked with our company for many years with installations in facilities all over China, and he’s very familiar with our system technology.”

 

Zhao previously served as national sales manager for Ashland (China) Company Ltd., a leading U.S. specialty chemical company where he grew the performance materials business more than 600 percent. He also worked as sales manager for Monsanto EnvironChem (MECS Inc.), a U.S. company specializing in sulfuric acid manufacturing and equipment sales, where he sold several large recovery and power generation projects.

 

“In his previous positions he has worked with us closely and has been instrumental and witnessed many of the advancements we’ve made as a company and in our systems. We’re very fortunate that he’ll now be working with us in such a critical role to help us continue to improve our technology and grow our company,” Wu stated.

 

Zhao holds an MBA from Washington University in the U.S. and his Bachelor of Science in fine chemical from the East China University of Chemical and Technology.

 

About QualityStocks

 

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 500,000+ subscribers that receive The Daily Stock Newsletters.

 

To sign up for “The QualityStocks Daily Newsletter” please visit http://www.qualitystocks.net/

 

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.