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Thursday, 07/09/2015 11:54:03 AM

Thursday, July 09, 2015 11:54:03 AM

Post# of 5289
$EGTK news, Energtek Appoints Marshall Cogan to Board of Directors
- Mr. Cogan to serve as Vice Chairman and Head of Financial Committee
PR Newswire Energtek Inc.
4 minutes ago
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NEW YORK, July 9, 2015 /PRNewswire/ -- Energtek Inc. (OTC BB: EGTK), a frontrunner in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced today that Marshall Cogan has joined the Board of Directors of Energtek and will serve as Vice Chairman and Head of the Financial Committee.

Marshall S. Cogan is an experienced investor, entrepreneur, former financier and trader. Mr. Cogan was the founder of United Automotive Group, which he built into one of the largest retailers of cars and trucks in the U.S. He was also a partner of Cogan, Berlind, Weill & Levitt, an investment banking and brokerage firm that would be instrumental in the consolidation of the financial services industry.

In recent years, Marshall has put his efforts in the auto industry abroad. With extensive international business experience under his belt, Marshall has been shaping the industry in China and now intends to address his experience in transforming the auto dealership industry in Brazil.

Mr. Cogan received an MBA from the Harvard University School of Business Administration as well as an undergraduate degree from Harvard College.

"The inclusion of Marshall Cogan not only strengthens our board, but his vast experience and connections in the United States will help Energtek as it launches its first projects in Vermont and elsewhere. We welcome his financial prowess and proven track record in helping companies grow and become profitable," said Mr. Eliezer (Moodi) Sandberg, Chairman of the Board.

Mr. Cogan commented, "I am pleased to assist Energtek in transforming the CNG mobile industry to lower consumer costs and provide a non-toxic solution simultaneously."