MIRAMAR BEACH, Fla.,
June 17 /PRNewswire-FirstCall/ --
NuEarth Corporation (Pink Sheets: NUEC) ("NuEarth"), a US based
manufacturer and marketer of "Clean & Green" products and
technology, announced this week that Mr. Levi Modelevi has joined the company as
President and Chief Executive Officer. Modelevi takes the
reins from co-founder Stephan Young,
bringing 10 years of experience to NuEarth Corporation with
demonstrated leadership capabilities and success in both startup
and large corporate operations. Modelevi will focus on new
product development and manufacturing as NuEarth Corporation
rapidly approaches US market introduction of its revolutionary
AquaSolv and AB Tech Cleaners and Strippers.
Marcie Corbin, Director of
NuEarth Corporation, stated that the company's rapid growth has led
to the need to bring in an experienced CEO. "We have been very
fortunate to have experienced significant growth in our Company
since we started NuEarth more than a year ago," said Ms. Corbin.
Mr. Young and Ms. Corbin, Directors of NuEarth stated, "We
felt it was time to recruit a business leader with a proven track
record to manage operations and provide strategic direction for
NuEarth. Levi offers the unique blend of drive and
creativity, combined with international executive management
experience that we are confident will take NuEarth to the next
level."
Mr. Modelevi has held high level corporate management positions.
Most recently, Mr. Modelevi was General Manager for The Avalon
Group Ltd's South American operations. "The tremendous growth that
we experienced at The Avalon Group in the last four years is the
catalyst that makes my new challenges at NuEarth all the more
exciting," said Modelevi. In this position, Levi will work
closely with board members, staff and community leaders to build
and implement fundraising strategies to support the strategic
growth plans and focuses of the Corporations in the expansion of
product markets and territories.
"I am thrilled to be joining NuEarth at such an exciting and
critical phase of the company's development," said Levi Modelevi,
NuEarth's new President and CEO. "NuEarth's AquaSolv technology has
the potential to revolutionize the water retention, dust control
and drilling markets, and the AB Tech Cleaners and Strippers will
bring a 'Clean & Green' technology that will replace more
hazardous solutions in various industry cleaning applications.
I'm looking forward to taking NuEarth into the next phase of
its development."
NuEarth is a company dedicated to bringing to market "Clean
Solutions to Complex Problems" by offering a wide range of
biodegradable, environmentally friendly products and technologies
that will substitute for many of the hazardous chemicals commonly
used all over the world. For information about NuEarth and
its product offerings visit us on the web at
www.nuearthcorp.com
This press release contains forward-looking statements regarding
NuEarth within the meaning of Section 27A of the Securities Act of
1933 as amended, as such, may involve risks and uncertainties. Such
statements are based on management's current expectations and
cannot be guaranteed. The forward-looking statements
discussed in this release may not occur and actual results could
differ materially as a result of known and unknown risk factors
affecting NuEarth. Forward-looking statements speak only as
of the date on which they are made and NuEarth undertakes no
obligation to publicly revise any forward-looking statement based
on the result of new information, future events, or otherwise.
Investor relation contact:
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c/o: Alfon Rosalini
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866-311-6373
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Alfon.rosalini@nuearthcorp.com
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SOURCE NuEarth Corporation