TORR Canada Appoints Senior Vice-President Sales and Business Development
Montreal, Canada (ots/PRNewswire)
TORR Canada Inc. (TSX-V: TOR)
("TCI"), a leader in the extraction of hydrocarbons from produced
water, announced today the appointment of Mr. Ray Cocomello, P. Eng
as Senior Vice-President Sales and Business Development."Mr. Cocomello joins our team to put together a strong worldwide sales network," said Alain Ferland, President and CEO of TCI. "With the addition of Mr. Cocomello to our senior management group, our recent financing and the momentum gained from recent sales, TCI has all the elements in place to advance its growth strategy."
Mr. Cocomello has 32 years experience as an engineer specialized in industrial sales of heavy equipment for national and international markets for multinational companies. He is a proven leader in all aspects of his field, including sales force organization, product development, and negotiation of license agreements and technology transfer.
His first assignment will be to build a strong sales team with offices in Calgary, Houston (including the Gulf of Mexico market), the Middle East and Aberdeen (Scotland). Each office will have a small focused team consisting of engineers and sales professionals.
"Our sales grew from a standing start to $30 million during the last year with a very limited number of people. With this enhanced sales team in place, we expect to build significantly on this early success," concluded Alain Ferland.
About TORR Canada Inc.
TCI is dedicated to providing water treatment solutions to the oil
and gas industry. TORR designs, develops, manufactures and
commercializes Reusable Petroleum Absorbent ("RPA") technologies to
separate oil and water in produced water generated by oil and gas
production. For more information, please visit www.torrcanada.com.Caution concerning forward-looking statements
This press release contains forward-looking statements. Such statements inherently involve numerous risks and uncertainties. Actual future results may differ from the anticipated results expressed in the forward-looking statements contained in this press release and TCI does not undertake to update this information. Investors are cautioned against placing undue importance on forward-looking information contained herein and should consult the final short form prospectus and the documents incorporated by reference therein, which contain a more exhaustive analysis of risks and uncertainties connected to TCI's business.
THE TSX VENTURE EXCHANGE, INC. HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE.
Contact:
For further information: TORR Canada Inc., Jacques L. Drouin, Chief
Financial Officer and Secretary, +1-(514)-522-5550, ext. 226,
jdrouin@torrcanada.com; The Equicom Group Inc., Eric Bouchard,
+1-(514)-844-7997, ebouchard@equicomgroup.com