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Press Release Source: Ovation Products Corporation
Ovation Appoints GreenShift CEO to Board of Directors
Thursday September 1, 2:32 pm ET
MOUNT ARLINGTON, N.J.--(BUSINESS WIRE)--Sept. 1, 2005--Ovation Products Corporation today announced the appointment of Kevin Kreisler, chairman and chief executive officer of GreenShift Corporation (OTC Bulletin Board: GSHF - News) to Ovation`s board of directors effective immediately.
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Mr. Kreisler has over fifteen years of diversified business experience specifically including the operation of publicly-traded companies. Mr. Kreisler is currently the Chairman of the Board and Chief Executive Officer of GreenShift Corporation, and he serves as Chairman of the Board of Veridium Corporation, GreenWorks Corporation, INSEQ Corporation, and TDS (Telemedicine), Inc. Mr. Kreisler served as Veridium`s vice-president from 1998 to 2000, president from 2000 to 2002, and chief executive officer from 2002 to February 2005. Mr. Kreisler is a graduate of Rutgers University College of Engineering (B.S., Civil and Environmental Engineering, 1994), Rutgers University Graduate School of Management (M.B.A., 1995), and Rutgers University School of Law (J.D., 1997). Mr. Kreisler is admitted to practice law in New Jersey and the United States District Court for the District of New Jersey.
"Ovation has assembled an exceptional team and I believe very strongly in both their management and their technology," said Kevin Kreisler, chairman and chief executive officer of GreenShift. "As a business development company, GreenShift is committed to developing and supporting its portfolio companies and we very much plan to do so here. I am excited by the opportunity to participate on their team and I look forward to helping bring their water purification technology to market in any way that I can."
"Mr. Kreisler is a welcome addition to Ovation`s board of directors," said Robert MacDonald, Chief Executive Officer of Ovation Products Corporation, "We believe his insights and experience in our target markets will play a important role in our company`s ongoing development."
About Ovation Products
Ovation Products Corporation is a development stage company with patented and proprietary water purification technologies. Additional information regarding Ovation Products Corporation and its technologies is available online at www.ovationproducts.com.
Safe Harbor Statement
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of GreenShift Corporation and Ovation Products Corporation, and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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Contact:
GreenShift Corporation
Jim Grainer, 973-398-8183
Fax: 973-398-8037
investorrelations@greenshift.com
www.greenshift.com
or
CEOcast, Inc. for GreenShift Corporation
Ed Lewis, 212-732-4300