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EXHIBIT 99.3
LATITUDE SOLUTIONS INC. APPOINTS WILLIAM S. BRENNAN TO BOARD OF DIRECTORS
BOCA RATON, Fla., March 29, 2012 /CNW/ - Latitude Solutions, Inc. (OTC QB:
LATI), is a service company that has patented technology to treat high volumes
of produced waste waters for reuse or for environmentally safe discharge,
announced today the appointment of Mr. William Brennan to its Board of
Directors. Mr. Brennan has over 20 years of financial and executive management
experience and is recognized as one of the leading investment professionals in
the global water sector.
(Logo: http://photos.prnewswire.com/prnh/20120208/FL49584LOGO )
Mr. Brennan is currently a Portfolio Manager and Principal Partner of Summit
Global Management which oversees $400M in dedicated water strategies and is the
oldest water investment platform in the world. Previously, Mr. Brennan served as
President and Managing Director of Brennan Investment Partners LLC, Aqua Terra
Management and Boenning & Scattergood. In addition, Mr. Brennan is currently an
Adjunct Professor at Villanova University and Cabrini College.
Commenting on Mr. Brennan's appointment, Latitude Solutions' Chief Executive
Officer, Mr. Jeffery A. Wohler stated, "William brings more than two decades of
investment experience as well as many key relationships in the water affiliated
industry to our Company. His presence on our Board will not only strengthen our
leadership, but it will further expand our new opportunities for Latitude's
patented technology."
About Latitude Solutions, Inc.
Latitude Solutions, Inc. provides innovative waste water remediation solutions
worldwide to oil & gas, energy, mining, food processing, agricultural and other
industrial users worldwide utilizing its patented Electro Precipitation(TM),
(EP(TM)) technology. LSI's proprietary Electro Precipitation(TM), Integrated
Water Systems(TM) (IWS(TM)) technology provides a sustainable solution to water
related oil and gas production issues by rendering previously unusable
production, flowback and other contaminated water suitable as reusable makeup
water for ongoing operations, including hydraulic fracturing. This re-use
process significantly reduces costs.
Safe Harbor statement
This new release may contain certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, including
without limitation, acceptance of the Company's products, increased levels of
competition for the Company, new products and technological changes, the
Company's dependence on third-party suppliers, and other risks detailed from
time to time in the Company's periodic reports filed with the Securities and
Exchange Commission.
SOURCE Latitude Solutions, Inc.
Virginia E. Dadey, ?Director Financial Relations?, Latitude Solutions, Inc.?,
+1-561-353-7511, ?vdadey@latitudesolutions.net
http://photos.prnewswire.com/prnh/20120208/FL49584LOGO
PRN Photo Desk, photodesk@prnewswire.com
Source: Canada Newswire (March 29, 2012 - 7:31 AM EDT)
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