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Re: $tock Rev post# 4252

Monday, 07/25/2011 11:45:04 AM

Monday, July 25, 2011 11:45:04 AM

Post# of 7516
Press Release Source: Scorpex, Inc. On Monday July 25, 2011, 7:00 am EDT
LAS VEGAS, NV--(Marketwire - 07/25/11) - Scorpex, Inc. (Pinksheets:SRPX - News) (the "Company"), an emerging leader of industrial, hazardous and toxic waste disposal services in the Baja Mexico/California region, today announces it has appointed Kenneth I. Denos to its Board of Directors, and Chene Gardner as interim Chief Financial Officer who will also serve on the Board of Directors. With these additions, the Company gains strong leadership and experience that will be instrumental in the execution of its business plan. Both individuals will also be part of the audit committee, sharing in the responsibility of overseeing the audit preparation.

Kenneth Denos has served as the Chief Executive Officer of numerous successful companies, both public and private, including Equus Total Return, Inc., SportsNuts, Inc., MCC Global N.V., and Moore, Clayton Capital Advisors, Inc. He has also served on the Board of Directors for Secure Netwerks, Inc., Healthcare Enterprise Group PLC and Tersus Energy PLC. In addition to holding various positions with other companies, Mr. Denos currently serves as Deputy Chairman of the Board of London Pacific & Partners, Inc. His educational background includes a Bachelor of Science degree in Business Finance and Political Science, a Master of Business Administration Degree, and a Juris Doctor, all received from the University of Utah.

Chene Gardner is currently the Chief Financial Officer of Alto Group Holdings, Inc., a filer of reports pursuant to requirements of the Securities Exchange Act of 1934. Mr. Gardner is also an executive officer and director of Nano Dimensions, Inc. and an executive officer and director of Secure Netwerks, Inc. Mr. Gardner previously served Fuelstream, Inc. as the Financial Controller and has auditing and accounting experience with the firm Deloitte & Touche LLP, serving clients in the banking, manufacturing, and retail industries. Mr. Gardner holds Bachelor and Master of Accounting degrees from Weber State University.

Joseph Caywood, Chief Executive Officer, commented, "We are committed to strong corporate governance and believe these additions will further our efforts in this regard. With plans to continue adding proven leadership and executive talent to our board and executive team, Scorpex will continue to keep shareholders updated on further additions and other corporate developments."

About Scorpex, Inc.