ProSep Assembles Leading International Team

ProSep Assembles Leading International Team -
Nominates new EVP to lead engineering and product development

MONTREAL, QUEBEC – June 2, 2011 - ProSep Inc. (TSX: PRP) (“ProSep” or the “Company”), dedicated to providing process solutions to the oil and gas industry, today announced the assembly of its leading international process engineering and business development teams, and the nomination of Gary Blizzard, M.B.A., as Executive Vice President of Process Engineering and Product Development.

During the last 6 months, ProSep hired a large number of internationally recognized process engineers, scientists, and business development managers. With a broader offering, access to additional customer relationships, agents, and business partners, ProSep is now one of the industry’s top technology-focused provider.

“The addition of these leading experts to the ProSep team marks an important milestone in our growth plan. Collectively, these additional professional engineers played a key role in the success of our industry’s most renowned process equipment supplier”, said Jacques L. Drouin. “By doubling the size of our engineering capacity and business development team, we are reaching critical mass and this should allow us to significantly increase projected revenues and reach profitability.”

“To lead our new process engineering team and ensure we unlock significant value residing in our proprietary technologies, we nominated Gary Blizzard, who brings an impeccable track record in international business development and a strong background in the field of innovative process engineering,” said Jacques L. Drouin, President and CEO.

Gary Blizzard brings over 25 years of diverse experience within multiple segments of the energy industry in the areas of international business development, marketing, engineering, and project management. Prior to joining ProSep, Gary was Business Development Director at Alcoa Oil & Gas and previously Vice President Marketing & Business Development at NATCO Group where he provided leadership for growing the specialized gas treating technology business. He holds a Bachelor of Science in Chemical Engineering from Texas A&M University and a Master of Business Administration from The University of Texas at Austin.


About ProSep

ProSep is a technology-focused process solutions provider to the upstream oil and gas industry. ProSep designs, develops, manufactures and commercializes technologies to separate oil, water and gas generated by oil and gas production. For more information, please visit http://www.prosep.com./

Caution concerning forward-looking statements
This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of ProSep Inc. These statements are based, among others, on the Company’s current assumptions, expectations, estimates, objectives, plans and intentions regarding projected revenues and expenses, the economic and industry environments in which the Company operates or which could affect its activities, the Company's ability to attract new clients and consumers as well as its operating costs, raw materials and energy supplies which are subject to a number of risks and uncertainties. Forward-looking statements can generally be identified by the use of the conditional tense, the words "may", "should", "would", "believe", "plan", "expect", "intend", "anticipate", "estimate", "foresee", "objective" or "continue" or the negative of these terms or variations of them or words and expressions of similar nature. Actual results could differ materially from the conclusion, forecast or projection stated in such forward-looking information. These statements are subject to a number of risks and uncertainties that may cause actual results to differ materially from those contemplated by the forward-looking statements. Some of the factors that could cause such differences include but are not limited to the Company's ability to develop, manufacture, and successfully commercialize value added equipments and services, the availability of funds and resources to continue its operations and pursue its projects, legislative or regulatory developments, competition, technological change, changes in government and economic policy, inflation and general economic conditions in geographic areas where ProSep Inc. operates. These and other factors should be considered carefully and undue reliance should not be placed on the forward-looking statements.

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Contact Information

ProSep Inc.
Investor Relations and Media:
Danielle Ste-Marie
VP Marketing and Communications
(514) 522-5550 ext. 238
mailto:dste-marie@prosepinc.com 

 

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