Warwick, RI – September 9, 2014 – Powerdyne International, Inc. (Ticker: PWDY) announced today that its Board of Directors has reassigned new areas of responsibility within the corporate hierarchy as a result of the addition of new personnel to the company. The recent addition of Mr. James O’Rourke to the senior staff as Chief Operating Officer and assuming the mantel of corporate operations is believed by the company to be a major development in the enhancement of its operational efficiency.
Mr. O’Rourke brings with him over 30 years of operational management experience in power generating and energy storage industry. He will now utilize his industry expertise and management talent on a daily basis as part of his operational endeavors in Powerdyne International. The transfer of the management and operational responsibilities to Mr. O’Rourke will allow the company president Mr. Dale Euga to focus his endeavors on marketing and client development.
The Board of Directors has been expanded to five members with the addition of Mr. O’Rourke, Robert C. Hemsen and John M. Faulhaber. Mr. Hemsen retired from IBM as Director of Human Resources, Corporate Development – Mergers and Acquisitions. Mr. Faulhaber was the Executive Vice President for the Trust Department for Rhode Island Hospital Trust’s private bank. The company is confident that the addition of Mr. Hemsen and Mr. Faulhaber will enhance the diversity of the Board’s business experience which is vital in effectively growing the company.
About Powerdyne International, Inc.:
Powerdyne International, Inc. (www.Powerdyneinternational.com) builds, leases and maintains electrical generation equipment that is designed to be installed at virtually any location worldwide. Although the company’s target customer will typically use its PDIGenset to produce its own primary electrical power, it can be used for emergency back-up power generation and is useful in any situation where reliable power is needed.
PDI is founded on the ability to produce primary electrical power using custom built electrical generation equipment which makes electricity cheaper than existing means of producing primary electric power. PDI expects that the difference between its costs of generating electricity over its customer’s current cost will result in substantial savings to the customer.
For more information on Powerdyne International go to: www.Powerdyneinternational.com
This release may contain “forward-looking statements” that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect the Company’s current expectations about its future plans and performance, including statements concerning the impact of marketing strategies, new product introductions and innovation, deliveries of product, sales, earnings and margins. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Form 10-K and subsequent filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.
Powerdyne International, Inc.