AJAX, ONTARIO–(Marketwired – May 4, 2016) – Environmental Waste International Inc. (“EWS”) (TSX VENTURE:EWS) (the “Company”), a company specializing in eco-friendly systems with proven patented technology for the breakdown of organic materials, today announced that Jian Guo (Bob) has resigned as a Director for personal reasons. The Company wishes to thank Bob for his service and wise counsel and wishes him well in his future endeavors.
As the Company is now focused on commercialization, it has appointed Glenn Myers as a director until the next Annual General Meeting. Mr Myers is an accomplished senior executive with extensive experience in developing and implementing domestic and international sales and market penetration strategies. As founding partner of Corporate Partners International and Preston Willis Group he provides consulting services and hands on assistance to small and mid sized companies on new market entry, product launch and revenue growth. Prior to his current Consulting career he was senior executive of three technology companies where he built and managed the business and constructed successful exit strategies. He has been granted 150,000 options with an exercise price of $0.11 per share. The options will vest over three years and expire on May 4, 2021.
About Environmental Waste International Inc.
Environmental Waste International, Inc. specializes in eco-friendly systems for the breakdown of organic materials, including tires. EWS has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS’s unique microwave technology safely processes and recycles waste tires, while creating highly valuable commodity outputs for industry, including carbon black, oil and steel. Each unit is designed to be energy efficient and where possible, create an economically positive model for the recovery of various hydrocarbon oil and gases. For more information please visit, www.ewi.ca.
Forward-Looking Statements
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect the Company’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Company’s most recent Management Discussion & Analysis, which can be found on the Company’s profile at www.sedar.com. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Bob MacBean
CEO
(905) 686-8689 or (800) 399-2366
Bob.macbean@ewmc.com
www.ewi.ca