MONTREAL, QUEBEC — (Marketwire) — 09/19/11 — ProSep Inc. (TSX: PRP) (“ProSep” or the “Company”) dedicated to providing process solutions to the oil and gas industry, today announced the nomination of Michael M. Browne, P.Eng., as General Manager of ProSep (USA) Inc., the Company–s business unit located in Houston, Texas.
“Mr. Browne brings an exceptional track record in engineering and operations. His experience and leadership will quickly be put to contribution as he leads our largest and fast growing business unit,” said Jacques L. Drouin, President and CEO.
Mr. Browne brings over 25 years of experience in the oil and gas industry. Recently he was Vice-President of Engineering at Cameron / NATCO where he was responsible for bidding and execution of the Houston Custom Engineered Systems projects for their Production Systems division. Previously, he worked as both a project manager and process engineer and also held various management responsibilities at Chevron within their gas processing division. He has a unique blend of experience that includes specifying and operating process equipment as an Operator and designing and delivering process equipment and solutions as a Supplier. He holds a Bachelor of Science in Chemical Engineering from Tulane University.
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 .
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.
Contacts:
ProSep Inc.
Investor Relations and Media:
Danielle Ste-Marie
VP Marketing and Communications
(514) 522-5550 ext. 238