IX Energy Holdings Names Industry Veteran Karen Morgan as President
13 Febrero 2009 - 7:23AM
Marketwired
IX Energy Holdings, Inc. (OTCBB: IXEH) ("IX Energy"), a renewable
energy solutions company engaged in the design, marketing and
development of solar power and other renewable energy solutions,
today announced that it has appointed Karen Morgan to the position
of President.
Ms. Morgan has more than fifteen years of corporate development
and executive experience working with early-stage renewable energy
companies. Steve Hoffman, CEO of IX Energy, said, "We are pleased
to add Karen to our executive team. Her expertise and experience in
renewable energy financing, equity and debt financing and
information technology will be a significant and valuable
addition."
Prior to joining IX Energy, Ms. Morgan was President of Envision
Solar International, Inc. She also was a founding member of
GlobalNet Partners, an international advisory and consulting firm
where she created an energy solutions subsidiary working with
private companies, utilities and an airport in eastern Europe.
While at GlobalNet, she led a team of experts in energy efficiency
and renewable energy in the development and commercialization of
next generation energy solutions. Ms. Morgan previously served as
EVP & COO of CheMatch, and as CEO of PetroChemNet, an
information and communications network for the global petrochemical
industry.
Steve Hoffman added, "Karen's understanding and past success at
PetroChemNet in building trading platforms is increasingly relevant
to our business as we increase our renewable energy assets, and as
the markets for trading renewable energy and carbon credits
continue to evolve."
About IX Energy Holdings, Inc.
Founded in 2006, IX Energy, Inc., the wholly-owned subsidiary of
IX Energy Holdings, Inc. is a renewable energy services company
engaged in the design, marketing and development of solar power
systems and other renewable energy solutions to federal and
civilian agencies. IX Energy, Inc. was recently acquired by IX
Energy Holdings, Inc. f/k/a Yoo, Inc. pursuant to an Agreement and
Plan of Merger and Reorganization dated December 30, 2008.
Additional information about the merger and IX Energy can be found
on IX Energy Holdings, Inc.'s current report on Form 8-K as filed
with the SEC on January 6, 2009.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other unknown factors that could cause the
actual results of the Company to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements with the terms "believes," "belief,"
"expects," "intends," "anticipates," "will" or "plans" to be
uncertain and forward-looking. The forward-looking statements
contained herein are also subject generally to other risks and
uncertainties that are described from time to time in the Company's
reports and registration statements filed with the Securities and
Exchange Commission.
Company Contacts Corporate Communications Aspire Clean Tech
Communications, Inc. Todd M. Pitcher 760-798-4938
IX Energy (CE) (USOTC:IXEH)
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