Hollund Industrial Marine, Inc. Announces Appointment of New Director and Management Changes
March 07 2012 - 7:00AM
Marketwired
Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) ("Hollund" or
the "Company") announces the appointment of a new Director and the
following changes to the management team.
Hollund is pleased to announce that Peter Meier has been named
President. He has also been appointed to the Board of Directors of
the Company. Mr. Meier has an extensive background in the public
market, and brings over 20 years of Forest Industry experience to
the position.
Hollund is further pleased to announce that Sheldon Romain has
been named Vice President. Mr. Romain will continue to serve on the
Board of Directors.
The Company also reports that Michael Lacy and Frank Van Vranken
are stepping down from the management team.
Hollund's new management team will focus on its core business of
underwater forest project development and sales.
About Hollund Industrial Marine, Inc. Headquartered in Blaine,
WA, Hollund Industrial Marine, Inc. (PINKSHEETS: HIMR) is focused
on sales and project development opportunities in the global
underwater forest sector. These projects involve removing forests
flooded by dam reservoirs in a safe, economical and eco-sensitive
manner. Hollund's green business model promises to deliver valuable
economic development opportunities to reservoir-impacted
communities worldwide.
This news release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(the "ACT"). In particular, when used in the preceding discussion,
the words "estimated," "believe," "optimistic," "expect," and
similar conditional expressions are intended to identify
forward-looking statements within the meaning of the ACT and are
subject to risks and uncertainties, and actual results could differ
materially from those expressed in forward-looking statements. Such
risks and uncertainties include, but are not limited to,
unfavorable market conditions, increased competition, limited
working capital, and failure to implement business strategies,
actions by regulatory agencies, and other risks.
For investor relations Hollund Industrial Marine, Inc.
ir@hollundindustrial.com info@hollundindustrial.com
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