SSP Offshore Announces Addition of Hugh Parry to Management Slate Of Nominees
for Director
HOUSTON, May 26 /CNW/ - SSP Offshore Inc. (the "Corporation") is pleased to announce that Hugh Parry has agreed to let his name stand for election to the Board of Directors at the Corporation's upcoming Annual General Meeting. Hugh Parry is a highly experienced executive in the offshore industry, having served as Managing Director and Chief Executive Officer with one of the world's leading FPSO companies. Mr. Parry also provides specialized expertise in the area of offshore project finance and execution.
Gary Quenan, Chairman of the Board, stated "we are excited to have the opportunity to add Hugh Parry to the Board of SSP Offshore. Mr. Parry is highly regarded in the industry and provides the type of experience and insight that will be invaluable to SSP Offshore as we continue to advance the commercial status of the SSP platform design."
Paul Illingworth, Chief Executive Officer of the Corporation, stated that "Hugh Parry's addition to SSP Offshore fills an important gap in the knowledge base of our organization moving forward. This represents another important milestone in building the bench strength of SSP Offshore as we strive to increase our internal capacity to bid, win and execute upcoming projects."
The Corporation further announced the recent appointment of Paul Illingworth to the Board of Directors and L. Daniel Wilson to the position of President.
About SSP Offshore Inc.
SSP Offshore is a public company listed under the symbol "SSZ" on the TSX Venture Exchange. The Corporation is actively commercializing its proprietary SSP(R) FPSO platform design in two formats: (i) SSP Base and (ii) SSP Plus+. Visit the company's website at www.sspoffshore.com for more information.
The TSXV has neither approved nor disapproved of this press release.
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For further information: L. Daniel Wilson at (403) 358-1110 (phone), (403) 887-7666 (fax) or [email protected]
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