Montreal, QC, December 2, 2021– Ecolomondo Corporation (TSXV:ECM) (OTC:ECLMF) (the “Company” or “Ecolomondo”), a cleantech company specializing in the development of proprietary recycling technology, Thermal Decomposition Process (“TDP”), and the commercialization of turnkey TDP facilities, is pleased to announce the appointment of Suzanne Desrosiers to its Board of Directors.
Mrs. Desrosiers, CPA, CA, is Chief Financial Officer of Groupe Forget, a leading hearing health network based in Quebec with 100 clinics. She is an experienced executive in corporate restructuring, mergers & acquisitions and was the Chief Financial Officer and a director of Cortina Capital Corp., the capital pool company with which the Company completed its reverse takeover. Mrs. Desrosiers also had key positions as tax specialist in large multinationals. She holds a Bachelor of Business Administration from HEC Montreal, she has completed the Canadian Institute of Chartered Accountants In-Depth Tax Course, and she is a member of Chartered Professional Accountants Quebec, Chartered Professional Accountants Canada, the Tax Executive Institute and the Tax and Financial Planning Association.
“As the Company is embarking on its global expansion, Suzanne will be a great addition to our Board, she will bring with her exceptional experience and guidance”, said Eliot Sorella, President & CEO of the Company.
About TDP Technology
Thermal Decomposition Process technology is a proprietary waste-to-resources technology that the Company expects will play a critical role in the development and proliferation of the circular economy. TDP is a closed loop, slow pyrolysis technology that operates in an oxygen-free environment using positive pressure and a batch rotary reactor. The process is largely energy self-sufficient. Ecolomondo’s exclusive automation system allows for strict control of cycle times, processing parameters and consistent batch production, resulting in quality, commercial-grade recycled commodities and end-products.
About Ecolomondo Corporation
Ecolomondo is a Canadian cleantech company specializing in the commercialization of its waste-to-products operations and proprietary TDP technology. With 25+ years of industry experience and a track record of establishing strong circular economy partnerships, the Company is strategically positioned to become a major global vendor of turnkey TDP facilities that convert hydrocarbon waste into saleable end-products including recycled carbon black, oil, gas and steel.
Revenue growth will come from the sale of fully-automated and energy self-sufficient TDP facilities and royalties from the sale of end-products, tipping fees and carbon credits. Ecolomondo’s initial focus is to aggressively market TDP facility expansion throughout North America, as management has been speaking with numerous public and private sector industry groups looking for breakthrough solutions extending across the entire product management and processing lifecycle.
Cautionary Note Regarding Forward Looking Statements
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Although Ecolomondo believes that the expectations reflected in forward lookin statements are reasonable, it can give no assurance that the expectations of any forward-looking statements will prove to be correct. Except as required by law, Ecolomondo disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.
For further information please contact:
Chairman and Chief Executive Officer, Ecolomondo
Tel: (450) 587-5999
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