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Gas Turbine Efficiency plc Announces CFO Resignation  - Gas Turbine Efficiency plc (AIM: GTE), a leader in energy services and aviation products, announces that Kevin Dotts is to step down as an executive director of the Company, and relinquish the role of Chief Financial Officer (“CFO”), by 2 April, 2010
Gas Turbine Efficiency plc Announces CFO Resignation

 

PRZOOM - /newswire/ - Orlando, FL, United States, 2010/02/23 - Gas Turbine Efficiency plc (AIM: GTE), a leader in energy services and aviation products, announces that Kevin Dotts is to step down as an executive director of the Company, and relinquish the role of Chief Financial Officer (“CFO”), by 2 April, 2010.

   
 
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A search process to identify a new CFO is already underway and a further announcement will be made in due course.

John Grant, Chairman of GTE, commented: “I am sorry that Kevin has decided to resign from GTE for personal reasons. I would like to thank him for the significant contribution he has made in his short time with the company, and we wish him well for the future.”

For further information, please contact:

Gas Turbine Efficiency plc – John Grant, Chairman; +44(0)77 6846 5042 – Steven Zwolinski, CEO; +1 404-643-3180
Matrix Corporate Capital LLP – Nick Ellis, Tim Graham; +44(0) 20 7523 8350
Financial Dynamics – Jon Simmons, Susanne Yule; +44(0)20 7831 3113

About GTE

Gas Turbine Efficiency designs, manufactures and supplies proprietary cleantech energy saving and performance enhancing solutions to the power generation, oil & gas and aviation industries. The company’s extensive portfolio of patented cleantech solutions save fuel, reduce emissions, increase availability, and extend turbine and parts life. The Group also provides solutions for burning a wider variety and quality of fuels such as liquefied natural gas, clean coal, and alternative fuel blends. Products and services developed by our world-class technology team include compressor cleaning and power augmentation systems; fuels management systems; combustion design, repair, upgrade and monitoring; and fluid and control auxiliaries.

For more information about Gas Turbine Efficiency plc, its products and services please visit gtefficiency.com/.

 
 
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Agency / Source: Gas Turbine Efficiency, LLC

 
 

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Gas Turbine Efficiency plc Announces CFO Resignation

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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Gas Turbine Efficiency, LLC securities in any jurisdiction including any other companies listed or named in this release.

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