UPLAND, CA — (Marketwire) — 12/03/12 — Sustainable Environmental Technologies Corporation (“”) (OTCQB: SETS) has scheduled its Annual Shareholder Meeting for December 21, 10:00 a.m. PST at the Four Points Hotel, 11960 Foothill Boulevard, Rancho Cucamonga, CA 91739. Check-in will begin promptly at 9:00 a.m.
Shareholders of record on the record date of November 15, 2012, will be asked to vote on several key items at the annual meeting, including:
i. electing three directors to serve for the ensuing year;
ii. approving and ratifying the Project Finance Transaction, the related Asset Purchase Agreement (APA), and the Amendment No. 1 to the Asset Purchase Agreement (Amendment No. 1), as described in the and the proxy materials which have been sent to shareholders of record and also made available to such shareholders online;
iii. approving the amended and restated articles of incorporation and Bylaws; and
iv. ratifying dbbmckennon as SET Corp–s independent registered public accounting firm
“While the Project Finance Transaction, and the related APA and Amendment No. 1 do not require shareholder approval, our Board of Directors has elected to seek such additional approval at our Annual Meeting,” said Keith Morlock, Secretary and member of the Board of Directors of SET Corp. “We feel this is an important matter and look to provide SET Corp shareholders with a voice in this decision so closely tied to the future growth of the Company. We encourage all shareholders to vote as promptly as possible on these matters because their vote is imperative.”
SET Corp asks that shareholders of record promptly complete, date and sign the proxy card mailed to them and return it in the accompanying envelope, or follow the instructions on the proxy card to vote by telephone or over the Internet until December 20, 2012, 8:59 p.m. PST, if such shareholder is not voting in person at the Annual Meeting.
Sustainable Environmental Technologies Corp. (SET Corp), through subsidiaries such as ProWater, LLC acquires, develops and markets strategic technologies that responsibly and economically solve environmental issues to bridge the gap between today–s energy inefficient facilities and the sustainable development and design needs of tomorrow. SET Corp–s technologies deliver essential resources for business operations while reducing their customers– environmental impact and conserving essential and diminishing resources. SET Corp–s offering includes treatment, recovery, reclamation and re-injection services for produced water from oil and gas production and ultra-efficient tri-gen systems that offer combined cooling, heating, and power generation with the added capability of water production from a single energy source. Ticker: OTCQB: SETS, or
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company–s results of operation, financial position and long-term strategies. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, and fraud. More information about factors that potentially could affect SET Corp–s financial results are included in SET Corp–s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-Q or 10-K and subsequent filings.
CONTACTS:
For SET Corp or ProWater information:
Investors:
SET Corp
+1 801 810 9888
Info: ProWater
+1 303 937 6556
Media:
Julie Shepherd
Accentuate PR
+1 801 810 9888 X701