Vortex Brands Appoints Energy Executive
As
New Board Member
SACRAMENTO, CA --
June 27, 2019 -- InvestorsHub NewsWire -- Vortex Brands Co.
(USOTC:
VTXB) announced today a new
addition
to the Board of Directors.
CEO Todd Higley
stated, "We are pleased to announce that we have added
Alfredo
Forte to our
board. Al
has over
25 years'
experience
within
the energy industry. He
founded
and was an executive for a Clean Energy Start-up, where he was
responsible for developing the company's
consulting division through his industry leading reputation and
relationships that enabled the firm to secure contracts with
multiple Fortune 500 companies. Further, he served as the
Global Director of Environment and Sustainability
for Anheuser Busch –
InBev and also
served as
Pfizer's Director of Energy and Energy Programs."
Mr.
Forte
stated,
"Throughout my career,
I have always supported technology that not only reduced costs but
also improved business continuity. Operating a
cogeneration facility at
one of the world's largest integrated pharmaceutical manufacturing
and research facilities in Pearl River, NY, I always had issues
with power quality and harmonics stemming from the inefficient
consumption of electricity. I am very excited about supporting
this product and working to enhance the value of
Vortex."
Mr. Forte will add a
depth of experience and expertise to Vortex's efforts to bring
Phase Angle Synchronization (PAS) to market given his experience
with clean energy and environmental programs.
As Mr. Forte served on the panel to help shape the McCain-Lieberman
Bill to control greenhouse gases, he has in-depth knowledge of how
to deploy PAS technology within the government sector, as well as
create a pathway to potentially monetize energy related
credits produced by PAS implementation.
Mr. Forte is well
versed in the International Performance Measurement and
Verification Protocols (IPMVP). He has conducted detailed
third-party evaluation for numerous utilities, specifically
in
Connecticut, Massachusetts, Pennsylvania and New York. This
experience has given Mr. Forte the distinction of being the first
to develop approved monitoring and verification protocols for the
monetization of energy efficiency credits (EECs) in
Connecticut and
Pennsylvania.
Mr. Higley
finished
up with, "From day one we have
taken a long-term
strategic
approach to the growth and development of our company and the
addition of Mr. Forte is testament to that approach. He holds
a BS in Chemistry from Fordham University, a BS
in Chemical Engineering from Columbia University and an MS/MOT from
The University of Pennsylvania Wharton School. Mr. Forte will
hit the ground running with an initial focus on fund raising
through his extensive network and will prove to be instrumental in
the long-term
growth
and development of our company."
About
Vortex Brands Co.
Vortex Brands Co.,
under the dba Vortex Green Energy will provide as a service
multipurpose Phase Angle Synchronization (PAS) equipment to
electric utilities nationwide. PAS
is a one-of-a-kind technology designed to address a
one-hundred-year-old inherent problem that was thought to be
unsolvable: the inefficient power consumption caused by electric
motors. Improving consumption efficiency will extend the
life of
the grid by protecting it from excessive wear and damage, improve
grid reliability by reducing line congestion and increasing reserve
margin, while creating true cost savings for the
utility at no cost for the equipment. Instead, revenue is
generated under a
Share-of-Savings business model wherein the utility shares the
savings with Vortex created by the PAS service on a monthly
basis. PAS is designed to
address industrial and commercial use applications in a scalable
solution where the majority
of wasted electricity
occurs, and the largest opportunity exists. Clients of the utility
benefit from progressing toward carbon footprint reduction goals
without capital expense or investing in any new equipment.
Operations initially are focused in California before expanding
nationwide. For more information visit:
http://VortexGreenEnergy.com/video
Notice
Regarding Forward-Looking Statements in
this press release which are not purely historical are
forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Actual results
could differ from those projected in any forward-looking statements
due to numerous factors. These forward-looking statements are made as
of the date of this news release, and we assume no obligation to
update the forward-looking statements, or to update the reasons why
actual results could differ from those projected in the
forward-looking statements. Although we believe that any beliefs,
plans, expectations, and intentions contained in this press release
are reasonable, there can be no assurance that any such beliefs,
plans, expectations or intentions will prove to be
accurate.
Source:
Vortex Brands Co.
info@vortexbrands.us