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BioNitrogen Corporation Announces Board and Management Changes

  • Bion User
  • July. 24, 2013

DORAL, FL, Jul 22, 2013 (Marketwired via COMTEX) — BioNitrogen Corporation (PINKSHEETS: BION), a cleantech company that utilizes exclusive technology to build environmentally-friendly plants that convert biomass into urea fertilizer, announced the following board and management changes today, which are effective immediately:

– Carlos Contreras, CEO of BioNitrogen, has been promoted to Chairman of the Board.

– Mario Beruvides, previously Chairman of the Board, will continue to serve on the board of directors.

– Juan Vazquez is stepping down as a board member but will continue to act as an advisor to the Company.

– Ernie Iznaga, Operations Manager for BioNitrogen, has been promoted to VP, Operations.

In addition to these changes, Roger Imperial has joined BioNitrogen’s Board of Directors. Mr. Imperial joins BioNitrogen from Arthur J. Gallagher Risk Management Services where he served as a Senior Consultant. Mr. Imperial has been an insurance broker for more than 49 years, and in addition to BioNitrogen, he sits on the board of Exousia Advanced Materials Inc., Evergreen Global, Ltd and Price Energy Equity Fund, Inc.
“These changes greatly enhance the strength of BioNitrogen’s Board of Directors and management team,” said Carlos Contreras, CEO and Chairman of the Board. “We look forward to continuing to grow our tremendous team at this critical period of growth.”

PHOTOS AVAILABLE UPON REQUEST

About BioNitrogen Corporation BioNitrogen Corp. (PINKSHEETS: BION) is a cleantech company that utilizes proprietary technology to build environmentally-friendly plants that convert biomass into urea fertilizer. Our mission is to provide safe, cost effective, green solutions that are economically beneficial in locations where biomass is produced and urea is consumed. Additional information can be found at www.BioNitrogen.com.

Safe Harbor Statement The forward-looking statements contained in this document involve risks and uncertainties that may affect the Company’s operations, markets, products, services, prices and other factors as discussed in filings with the Securities and Exchange Commission. These risks and uncertainties include, but are not limited to, economic, competitive, legal, governmental and technological factors. Accordingly, there is no assurance that the Company’s expectations will be realized. The Company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.

CONTACT:
Adam Friedman
Principal
Adam Friedman Associates
Email Contact
(917)-675-6250

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