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China Energy Recovery Inc. (CGYV.OB) Names Seasoned CTO to Enhance Company Growth

Source: http://Blog.QualityStocks.net/?p=12309
Posted on Thursday, September 11th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

China Energy Recovery Inc. (OTCBB: CGYV) (CER) is an international leader in energy recovery systems with a primary focus on the Chinese market. The company’s technology has the ability to capture industrial-waste energy to produce low-cost electrical power. Not only does this reap benefits for the environment, but offers industrial manufacturers an opportunity to cut energy costs and generate sellable emissions credits.

To fulfill its business strategies, and growth and operations, the company has taken steps to ensure it is supported by an experienced management team. CER today announced James Zhao will join its team as the chief technology officer of Shanghai Hai Lu Kun Lun Hi-tech Engineering Co. Ltd., an operating affiliate of CER.

“We’re very proud to have James Zhao join our management team at such a critical time in the company’s growth,” Qinghuan Wu, CEO and chairman of CER stated in the press release. “James has worked with our company for many years with installations in facilities all over China, and he’s very familiar with our system technology.”

Zhao previously served as national sales manager for Ashland (China) Company Ltd., a leading U.S. specialty chemical company where he grew the performance materials business more than 600 percent. He also worked as sales manager for Monsanto EnvironChem (MECS Inc.), a U.S. company specializing in sulfuric acid manufacturing and equipment sales, where he sold several large recovery and power generation projects.

“In his previous positions he has worked with us closely and has been instrumental and witnessed many of the advancements we’ve made as a company and in our systems. We’re very fortunate that he’ll now be working with us in such a critical role to help us continue to improve our technology and grow our company,” Wu stated.

Zhao holds an MBA from Washington University in the U.S. and his Bachelor of Science in fine chemical from the East China University of Chemical and Technology.

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