RENO, NV
,
Nov. 19
/CNW/ - Ram Power, Corp. (TSX:RPG)("Ram Power"), a renewable energy company, announced the appointment of
Mike Long
as Vice President of Engineering & Construction as well as the appointment of Anthony Pitirri as Corporate Controller. The additions of
Mr. Long
and
Mr. Pitirri
compliment Ram Power's existing management staff with high level of expertise for key areas as it moves forward to take its position as the premier geothermal power developer and operator.
In his new position,
Mr. Long
will oversee the design and construction of Ram Power's fleet of geothermal power plants currently in the development and construction stage.
Mr. Long
was most recently Operations Manager at Western Geopower Inc. and brings extensive geothermal project management experience to Ram Power. Prior to joining Western Geopower Inc.,
Mr. Long
spent over fifteen years as Manager of Renewable Energy Projects at POWER Engineers, Inc., a world leader in the design and engineering of geothermal energy projects. He holds a BSc from the
Colorado School of Mines
, and MSc in Mechanical Engineering from Colorado University, and is a registered professional engineer.
Mr. Pitirri
was most recently Vice President of Finance and Accounting at Polaris Geothermal Inc. ("Polaris") and has been appointed Ram Power's Corporate Controller following the recent merger of Polaris and Ram Power.
Mr. Pitirri
is a Chartered Accountant with nine years experience in public accounting. In his new position,
Mr. Pitirri
's responsibilities will include the preparation and completion of financial statements, assisting with project and equity financings, overseeing the transition to International Financial Accounting Standards scheduled for January, 2011, and maintaining the Company's internal control framework.
"We are very pleased with the addition of Mike and Anthony," said Hezy Ram, the CEO of Ram Power, Corp. "Both are examples of Ram Power's continuing desire to build the most experienced and qualified management and project execution team to lead us into the future. Our success is a direct reflection of the qualities of our staff, and both Mike and Anthony embody these qualities."
About Ram Power, Corp.
Ram Power is a renewable energy company based in Reno, Nevada engaged in the business of acquiring, exploring, developing and operating geothermal properties and has an interest in geothermal projects primarily in California,
Nicaragua
, and Nevada. Its subsidiary, Polaris Geothermal Inc., is focused on developing projects in Latin America and is currently operating a 10 MW plan on its San Jacinto concession in
Nicaragua
. Please visit our website at www.ram-power.com for more information.
Cautionary Statements
This press release contains "forward-looking information" within the meaning of applicable securities laws including information regarding the business of Ram. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by this information. The statements in this press release are made as of the date of this release. Ram, undertakes no obligation to update forward looking information, other than as required by law, or comment on analyses, expectations or statements made by third-parties in respect of Ram, or its financial or operating results or its securities.
For further information: Daniel Schochet, Executive Vice President, Ram Power, Corp., Phone (775) 398-3703, Email: [email protected], www.ram-power.com
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