Palm Beach, FL, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Q2Earth, Inc. (OTCQB:QPWR) announced today that in connection with its plans to expand operations into the compost and soil manufacturing business including the acquisition of leading companies in this space, Q2Earth has added five new members to its Board of Advisors. These new Board members, and their extensive experience in the waste management, organics recycling, and finance sectors, are as follows:
Ross M. Patten brings more than thirty-five years of executive experience in the waste industry to Q2Earth’s Board of Advisors. Most recently, Mr. Patten served as Chairman and CEO of Agilyx Corporation, a producer of hydrocarbon products from mixed-waste plastic materials. Mr. Patten is the former Chairman and CEO of Synagro Technologies, where he grew the company to become the largest publicly-traded processor of sewage sludge in the United States. Mr. Patten also held executive leadership positions with Browning Ferris Industries and Wheelabrator Technologies (a division of Waste Management).
Joe Vaillancourt is the founder and Managing Partner of Venture Enterprises, and recently retired from a 15-year tenure with Waste Management, Inc. (WM). Most recently Mr. Vaillancourt was the Vice President, Corporate Venturing at WM where he was one of the founding members of the group responsible for developing innovative growth platforms in the environmental, sustainability, solid waste, recycling, energy, and cleantech sectors.
Dave Barrett is presently the Managing Director of Venture Enterprises. Previously, Mr. Barrett held several positions in financial subsidiaries of Ford Motor Company, including Vice President Capital Equipment and Vice President Municipal Financing of US Leasing, and Assistant Vice President of Ford Financial Services.
Alvin Thomas is the founder of General Counsel Consulting Solutions (GCCS) located in Houston, Texas. Through GCCS, Mr. Thomas serves on the Board of Directors or as the General Counsel for several companies in the fields of renewable energy, technology, waste-to-energy, waste handling, oil & gas and wastewater treatment. Previously, Mr. Thomas served a 10-year tenure as Executive Vice President, Secretary, and General Counsel of Synagro Technologies, Inc., the largest domestic company focused on transporting, treating and disposal of waste water residuals.
Jeff Lipton has worked as an investment banker over the past 20 years advising a diverse range of clients on capital raising and M&A transactions. He is currently a Managing Director at Mitsubishi UFJ Finance Group (MUFG) in their Corporate Advisory Group. Prior to joining MUFG, Mr. Lipton was with Jefferies where he started and led the Cleantech and Renewable Energy investment banking effort.
Q2Earth will compensate these new Board of Advisor members by means of a success-based fee structure.
About Q2Earth: Q2Earth (f/k/a Q2Power Technologies) is executing its plan to become a leading manufacturer of compost and engineered soils from recycled waste for the agriculture, horticulture, construction and infrastructure sectors. Through a plan of acquisitions, strategic alliances, and organic growth focused on creating and marketing quality beneficial reuse end products, Q2Earth seeks to build the preeminent compost and soil company in North America, with international growth opportunities.
Legal Notice Regarding Forward-Looking Statements: This news release contains "Forward-looking Statements". These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to our ability to fully commercialize our technology, risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new products and markets, the time and expense involved in such development activities, the ability to secure additional financing, the level of demand and market acceptance of our products, and changes in our business strategies.