PTPC merger done.
Reverse Acquisition of Zenergy International, Inc. Spearheaded by Robert Luiten Distinguished Chemical Commodity Executive
Innovative Biofuel Solutions Provider Positioned to Effectively Capitalize on the Emerging Biofuels Market While Simultaneously Bringing the Opportunity to the Public for Participation in Strong Potential Corporate Growth
Press Release
Source: Paradigm Tactical Products, Inc.
On Tuesday June 23, 2009, 10:00 am EDT
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Paradigm Tactical Products, Inc. (Pinksheets: PTPC) is pleased to announce that the Company has completed a share exchange agreement with Zenergy International, Inc. Paradigm Tactical Products, Inc. will take the necessary steps to change its name to Zenergy International, Inc. and will announce publicly upon completion as well as the corporate structure.
The Company has appointed Mr. Robert Luiten as Chief Executive Officer to manage the Company's continued growth phase thus far, and oversee its launch in the publicly traded marketplace.
Mr. Robert Luiten's vast scope of experience reflects not only chemical manufacturing, but also encompasses the executive management side of the chemical business. Additionally, his experience in the transportation and logistics sectors are a major contribution, while years of cultivated and established relationships with major players in the refinery industry, including BP, Shell, Valero, Exxon Mobil and CITGO, positions the Company for aggressive and sustainable growth. These relationships will play a major role in Zenergy rapidly establishing itself in the industry.
As the COO of an INEOS Phenol division with revenues of more than $1 billion, Mr. Luiten was a key player in the development of new manufacturing facilities, expanding existing facilities, as well as refurbishing idled plants and returning them to peak operating performance. He was also responsible for identifying acquisitions and bringing them on line. Furthermore, Mr. Luiten's expertise in the transportation and logistics industry, both nationally and internationally, has been the key to his successfully building and maintaining low cost manufacturing facilities that focus on modern, efficient manufacturing techniques. His firsthand knowledge of proven solutions is expected to make all the difference in establishing Zenergy as a low cost producer.
"We are very pleased with our progress thus far. I speak on behalf of our management team when I say that we are very excited to have achieved our goal of bringing Zenergy to the level of being able to share the opportunity with new investors in the marketplace. We look forward to growing our company in this sector and allowing our shareholders to participate in a long term and rewarding opportunity," stated Robert Luiten, Founder & Chairman of Zenergy International, Inc.
About Zenergy International, Inc.:
Zenergy International, Inc. is a global biofuel solutions provider which endeavors to deliver biofuels at a competitive price, focusing on sustainable resources, safe practices, and compliance with all environmental laws. The Company strives to minimize overall environmental impact. Please visit our web site for more info at www. ZenergyIntl.com.
Safe Harbor Act: This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 6-K or 20F and other filings made by such company with the SEC.
Contact:
Contact:For more information visit our website at www.ZenergyIntl.comor contact Investor Relations:Gibraltan Financial(321) 439-7450Email: Investors@ZenergyIntl.com
