Message #17 From:
NewsBot Date: December 4, 2006 05:49:00 AM
OEGY News Open Energy Corporation Appoints Dalton Sprinkle to Board of Directors
SOLANA BEACH, Calif.--(BUSINESS WIRE)--Open Energy Corporation (OTC BB: OEGY), a renewable energy company
focused on the design and manufacturing of solar energy products, today
announced that it has appointed Dalton Sprinkle to its Board of
Directors, where he will serve as chairman of the corporate governance
committee, effective immediately.
“Dalton brings extensive public company
experience and we look forward to his guidance as Open Energy continues
to grow and increase its reach within the alternative energy industry,”
commented David Saltman, president and CEO of Open Energy Corporation. “Dalton’s
leadership background will play an important role and his expertise in
securities and corporate governance will be an invaluable asset as he
leads our corporate governance committee.”
Mr. Sprinkle is currently the President and Chief Executive Officer and
a director of Integrated Dental Solutions, Inc., an international dental
services company headquartered in San Diego.
Prior to joining Integrated Dental Solutions, Mr. Sprinkle
was special counsel in the Del Mar Heights office of Los Angeles-based
Sheppard Mullin Richter & Hampton LLP, where he counseled public and
private companies on a wide range of business and legal issues. Mr.
Sprinkle brings with him years of experience assisting companies in
structuring and executing complex financing and merger and acquisition
transactions, as well as providing day-to-day counseling on the myriad
issues facing companies in all stages of the corporate life cycle-from
start-ups seeking seed or venture capital financing to mature operating
companies in connection with public offerings and going-private
transactions. Mr. Sprinkle has developed particular expertise in
counseling public companies on securities and corporate governance
issues.
Open Energy Corporation (OTC BB: OEGY) focuses on the development and
commercialization of renewable energy products and technologies for a
wide range of applications including electrical and thermal power
production and water desalination. The Company purses these objectives
through technology innovation, acquisitions, strategic partnerships and
other business strategies. The company’s
mission is to enhance life by harnessing the power of the sun.
Safe Harbor for Forward Looking Statements
Except for statements of historical fact, the information presented
herein constitutes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors, which may cause the actual results,
performance or achievements of the company to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements.Such factors include
general economic and business conditions, customer demand for its
products, the Company’s ability to scale up
manufacturing to meet demand, and other factors over which Open Energy
Corporation has little or no control.
