Kelso Technologies Inc. Appoints Jesse V. Crews as Director
April 17 2018 - 08:00AM
Kelso Technologies Inc. (TSX:KLS) (NYSE American:KIQ) (“Kelso” or
the “Company”) is pleased to announce that Mr. Jesse V. Crews has
been appointed to the board of the Company as an independent
director.
Mr. Crews has had a long, distinguished career
in executive management, asset finance and equipment leasing that
spans over 40 years. He currently serves as the Chief
Investment Officer of Trinity Industries Leasing Company, which he
joined in 2011, which includes accountability for the leasing
company’s long-term portfolio investment strategy, wide-ranging
capital market activities, as well as major transaction
initiatives. From 2009 to 2011, he served as the Chief
Operating Officer and Executive Vice President of Willis Lease
Finance Corp. From 2004 to 2009, he served as a Managing
Director for Fortress Investment Group. Previously, he served
as the President and Chief Executive Officer of GATX Financial
Corporation (formerly GATX Capital Corporation). Mr. Crews
joined GATX in 1977 as a Financial Analyst and held a progression
of positions through 2002, including Manager in Singapore, Regional
Manager in New Orleans/Houston, head of New Business Development in
their San Francisco main office, head of Corporate Finance, Chief
Investment Officer, and culminated in his election as Chief
Executive Officer in 1998.
Mr. Crews is a member of the Board of Trustees
for the Darden Graduate School of Business at the University of
Virginia. He earned a Masters in Business Administration from
the University of Virginia and a Bachelor of Arts degree in
Economics from Yale University.
James R. Bond, CEO of the Company, stated,
“Jesse is a very accomplished individual with a vast experience in
matters related to the business of Kelso. He will strengthen
and broaden our expertise on the board, and in particular, provide
advisory roles on the Company’s diverse business development
ambitions including our corporate finance and governance
matters.”
About Kelso Technologies
Kelso is an engineering product development
company that specializes in the development, production and
distribution of proprietary service equipment used in
transportation applications. Our reputation has been earned
as a developer and reliable supplier of unique high performance
rail tank car equipment for the handling and containment of
hazardous and non-hazardous commodities during transport. All
Kelso products are developed with emphasis on economic and
operational advantages to customers while mitigating the impact of
human error and environmental release. The Company offers
specialized truck tanker equipment, rail wheel cleaning systems,
fuel loading systems, military applications, first responder
emergency response kits and suspension systems for motor vehicles
being used in rugged outback terrains.
For a more complete business and financial
profile of the Company, please view the Company's website at
www.kelsotech.com and public documents posted under the Company’s
profile on www.sedar.com in Canada and on EDGAR at www.sec.gov in
the United States.
On behalf of the Board of
Directors,
James R. Bond, CEO and President
Legal Notice Regarding Forward-Looking
Statements: This news release contains “forward-looking
statements” within the meaning of applicable securities
legislation. Forward-looking statements are indicated expectations
or intentions. Although Kelso believes its anticipated future
results, performance or achievements expressed or implied by the
forward-looking statements and information are based upon
reasonable assumptions and expectations, they can give no assurance
that such expectations will prove to be correct. The reader
should not place undue reliance on forward-looking statements and
information as such statements and information involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of Kelso to differ
materially from anticipated future results, performance or
achievement expressed or implied by such forward-looking statements
and information, including without limitation the risk that the
Company’s products may not provide the intended economic or
operational advantages; or reduce the potential effects of human
error and environmental harm during the transport of hazardous
materials, and our new appointment may not add to our expertise in
process and governance. Except as required by law, the
Company does not intend to update the forward-looking information
and forward-looking statements contained in this news release.
For further information, please contact:
James R.
Bond, CEO and President |
Richard
Lee, Chief Financial Officer |
Corporate Address: |
Email: bond@kelsotech.com |
Email: lee@kelsotech.com |
13966 -
18B Avenue South Surrey, BC V4A 8J1 www.kelsotech.com |
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