Attached files
EXHIBIT 99.1
LATITUDE SOLUTIONS, INC. HIRES OIL AND GAS INDUSTRY VETERAN,
MR. JERRY J. LANGDON AS CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF THE BOARD
BOCA RATON, FL., MAY 22, 2012 /PRNewswire/ -- Latitude Solutions, Inc. (OTC QB:
LATI), a water engineering and remediation company, announced today the
appointment of Mr. Jerry J. Langdon as Chief Executive Officer and Chairman of
the Board. Mr. Langdon has over 40 years of experience in top level management
positions in the Oil & Gas, and electric power industries.
Mr. Langdon most recently, was Chief Administrative and Compliance Officer of
Energy Transfer Partners (ETP). Energy Transfer Partners is a $10 billion+
company specializing in the transport, processing, treating and storage of
natural gas and natural gas liquids in the United States. Just prior to ETP, Mr.
Langdon was Chief Administrative and Compliance Officer for Reliant Energy. He
has held Senior Executive Positions with El Paso Energy Partners and has served
as a Director on several public and private company boards. In October 1988, Mr.
Langdon was appointed to the Federal Energy Regulatory Commission by President
Ronald Reagan and served in that capacity until 1993.
Mr. Langdon stated, "As the energy industries that satisfy the demands of
millions of Americans become more and more dependent on the use of increasingly
scarce fresh water resources for their industrial needs, I am very proud to
associate myself with Latitude Solutions, Inc. Its patented water remediation
processes can conserve and reuse tens of millions of gallons of water every
year."
Commenting on Mr. Langdon's appointment, Latitude Solutions' Board Member and
shareholder, Mr. John Paul DeJoria stated, "I am pleased to announce that
Latitude has found a well-qualified CEO to lead us forward in cleaning up the
waters of the world. Jerry brings more than four decades of management
experience in the Energy industry and policy sectors. His vast expertise will
accelerate the adoption of Latitude's patented water remediation technology."
ABOUT LATITUDE SOLUTIONS, INC.
Latitude Solutions, Inc. provides innovative wastewater remediation solutions
worldwide to oil & gas, energy, mining, food processing, agricultural and other
industrial users 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 news 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.
CONTACT:
Virginia Dadey
Director of Financial Relations
Latitude Solutions, Inc.
2595 NW Boca Raton Blvd., Suite 100 Boca Raton, FL 33431
(561) 353-7511 vdadey@latitudesolutions.ne