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March 07, 2007 – Burnaby, BC – Organic Recycling Technologies Inc. (“The Company”) (Pink Sheets: ORCY.PK) today announced the appointment of Mr. Ed Kroeker as the Company’s new President and Chief Executive Officer effective immediately.
"During my years in the environmental technology industry there has been obvious growth in the development of new and better solutions to cleanup of the environment," said Mr. Kroeker in his acceptance speech. "Never, however, has there been a better opportunity for companies to break into the marketplace with new ideas and recently proven technologies to address environmental concerns."
Ed Kroeker has more than 35 years of management experience in the environmental technology industry. Most recently, Mr. Kroeker served on the management team of a public company that developed, patented and commercialized a microbiological process for converting biodegradable organic wastes into valuable end products. Mr. Kroeker also worked as a consultant for a large North American engineering firm where he managed the company’s environmental process engineering group at the company’s corporate headquarters. Mr. Kroeker’s areas of expertise include water and wastewater treatment, air quality management, solid waste management and waste recycling. He earned his bachelor’s degree in engineering from the University of Manitoba in 1972, and his masters degree in environmental engineering from Cornell University in Ithaca, NY. Mr. Kroeker has worked in North America, the Caribbean, Southeast Asia and Central Europe.
"The climate change movement is the catalyst to bring about this shift and I am excited to join a company which has a vision to break out of the box," said Mr. Kroeker. "In a few short weeks of personal investigation, I have already uncovered about six amazing new technologies for immediate follow-up. I am convinced we are in the business opportunity of a lifetime and at the same time we can make a positive contribution to cleaning up this delicate planet that God has given us. It just doesn’t get any better, whether you’re on the working team or one of the investors."
Peter Gardner, the Company’s former President has resigned his position, but will continue to serve the Company as a Director and consultant.
About Organic Recycling Technologies Inc.
Organic Recycling Technologies, Inc. is an environmental engineering solutions company that provides effective and sustainable waste management, recycling and reusable energy solutions to communities around the world. The Company’s mission is to exploit, integrate and implement leading waste management, recycling and reusable energy technologies with the objective of creating a cleaner and healthier global environment and capitalizing on profitable opportunities for its shareholders.
Forward-Looking and Cautionary Statements:
Certain statements contained herein, including, without limitation, statements containing the words "believes", "intends" and other words of similar import, constitute "forward-looking statements" within the meaning of Section 27A of Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Organic Recycling Technologies Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Organic Recycling Technologies Inc. disclaims any obligation to update or to announce publicly the results of any revision of the forward-looking statements contained or incorporated by reference herein to reflect future events or developments.
Please Contact:
Organic Recycling Technologies Inc. Toll Free: 877-419-0430 Web: www.OrtechTeam.com Email: .(JavaScript must be enabled to view this email address)