Sionix Announces the Appointment of Henry Sullivan as Chief Executive Officer and Chairman of the Board of Directors
April 09 2013 - 8:15AM
Marketwired
Sionix Corporation (OTCQB: SINX) announced today the appointment of
Dr. Henry W. Sullivan as its Chief Executive Officer and Chairman
of the Sionix Board of Directors.
Dr. Sullivan has been a Director of Sionix since October 2012
and he has been active in the technical and operating management of
the company since that time.
Dr. Sullivan holds both a Master's degree and Ph.D. in chemical
engineering from New York University, and has held senior positions
with Huntsman Petrochemical Corporation and Shell Oil Company for a
combined 26 years, where his experience included the optimization
of refineries and the allocation of hydrocarbons and their
processing and movement. He founded and was CEO of several
companies and has served on the Board of several public companies
as well as the Sarkeys Energy Center at the University of
Oklahoma.
Coincident with the appointment of Henry Sullivan, Ken Calligar
has resigned as interim CEO of Sionix and James W. Alexander has
resigned as interim Chairman of the Board of Directors of the
Company. Both Mr. Alexander and Mr. Calligar will continue to serve
on the Sionix Board of Directors.
Mr. Calligar stated, "We are very pleased to have Dr. Henry
Sullivan leading Sionix. It is fortunate that someone of Henry's
experience and capabilities is available to Sionix. In the past
months we have collectively stabilized the company, revised its
mission, strategies, and sales and services offerings. We have
relocated the company to Houston to facilitate its focus on the oil
and gas sector and we have eliminated wasteful policies and
practices. This was a team effort. The next steps for Sionix are to
establish a track record of its technologies and services. In order
to do this, we have assembled an experienced and dedicated team,
the appointments of whom we have previously announced. This
leadership team, working with our technical staff, will pursue
commercial opportunities in treating water produced in oil and gas
fracking as well as agricultural, municipal and other water
treating applications."
Dr. Sullivan commented, "Our team is looking forward to
extending the proprietary Sionix technology and to completing the
final phase of pre-commercial testing in the Bakken shale in North
Dakota. I have worked closely with Jim Alexander and Ken Calligar
since I joined the Board and I am pleased that they will continue
to help lead the Company as directors."
About Sionix Corporation Sionix designs
innovative and advanced water treatment systems intended for use in
energy, government facilities, healthcare facilities, and emergency
water supplies during natural disasters, housing development
projects, and various industrial processes including subterranean
fracturing used in oil and gas drilling. These systems can be
located adjacent to contaminated water sites or as a pre-treatment
for reverse osmosis and other membrane applications. Industries
involved in dairy, agribusiness, meat processing, mining, poultry
operations, and many others can benefit from Sionix'
cost-effective, easily maintained, water treatment systems. For
more information about the company, go to www.sionix.com.
Forward-Looking Statements All statements
in this press release that are not statements of historical fact
are forward-looking statements, including any projections of
earnings, revenue, or other financial items, any statements of the
plans, strategies, and objectives of management for future
operations, any statements concerning proposed new products,
services or developments, any statements regarding future economic
conditions or performance, statements of belief and any statements
of assumptions underlying any of the foregoing. These statements
are based on expectations and assumptions as of the date of this
press release and are subject to numerous risks and uncertainties,
which could cause actual results to differ materially from those
described in the forward-looking statements. The risks and
uncertainties include, but are not limited to, whether Sionix
Corporation can raise capital as and when it needs to, whether the
water purification systems will generate significant sales, whether
it can compete successfully in its market and industry, and other
factors beyond the control of Sionix Corporation, including those
detailed from time to time in the reports filed with the Securities
and Exchange Commission. Sionix Corporation assumes no obligation
and does not intend to update these forward-looking statements.
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Company Contact: Dr. Henry W. Sullivan Chief Executive Officer
hsullivan@sionix.com
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