Catamount Energy Corp. Names Robert Kelly to Board of Directors.Business Editors RUTLAND, Vt.--(BUSINESS WIRE)--Jan. 14, 2002 Catamount catamount: see puma. Energy Corp. (Catamount) today announced the appointment of Robert C. Kelly to its board of directors. Kelly is the founder and chairman of CountryWatch.com. CountryWatch is currently a main source of country specific geopolitical ge·o·pol·i·tics n. (used with a sing. verb) 1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation. 2. a. information for America Online See AOL. and Yahoo and provides country information to a diverse group of corporate, government and academic clients. Kelly has been active in the independent power and renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. sectors for two decades, including past positions at General Electric and as chairman and chief executive officer of Enron Renewable Energy. "Mr. Kelly has a distinguished record of accomplishment and is a well respected senior statesman in the IPP (Internet Printing Protocol) A protocol for printing and managing print jobs over the Internet using HTTP. Initially conceived by Novell, Xerox and others, the IETF made it a standard in 2000 that includes authentication and encryption. See printing protocol and LPD. and renewable energy sectors," said Catamount Chairman Bob Young, who is also president of Central Vermont Public Service, Catamount's parent company. "With the addition of Bob Kelly and James Moore in 2001 as the company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , we have attracted two of the most experienced and talented people in the non-regulated energy markets to our Catamount team. Getting the right team in place was key to creating value for CVPS CVPS Central Vermont Public Service shareholders." "Bob Kelly's advice played an important part in determining a strategy for Catamount," said James Moore, president and CEO of Catamount. "Since then, we have found the opportunities in wind energy to be attractive and ample, which should provide us the ability to grow while being very selective about our investments. "Bob's advice will be very important to us as we implement the strategy and grow the business over the coming years," Moore said. Catamount has been in the business of providing clean, cost-competitive electricity in the U.S. and Europe for over 15 years. In response to opportunities in the renewable energy sector, Catamount has refocused its strategy toward becoming a developer, owner and operator of wind energy projects. More information on Catamount Energy Corp. is available on the Internet at www.catenergy.com. This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. These statements are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, future trends in wind and other projects, acceptance of the Companies products and services in the marketplace, competitive factors, dependence upon third-party vendors, and other risks. By making these forward-looking statements, the Companies undertake no obligation to update these statements for revision or changes after the date of this release. |
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