Dakshidin Welcomes Industry Veteran to Board of Directors
November 29 2010 - 9:15AM
Marketwired
Dakshidin Corporation (PINKSHEETS: DKSC) is extremely pleased to
announce the appointment of P. Thomas (Tom) Cox, PhD. to its board
of directors. Dr. Cox is a highly regarded renewable energy expert
whose career with numerous organizations and agencies spans more
than fifty years with an emphasis on the developing world. During
his illustrious career Dr. Cox has been responsible for the
oversight of a number of multi-billion dollar projects and has had
more than 120 articles published attesting to his expertise in the
field.
"I am thrilled that Dr. Cox has joined our board of directors.
Having an individual with Tom's expertise and reputation is a
definite advantage for us," stated John Alexander (Lex) van Arem,
interim CEO of Dakshidin Corporation. "Tom's project experience and
his connections in the developing world will greatly assist us in
bringing our business plan to fruition. I look forward to working
with Tom beginning immediately."
Dr. Cox's active involvement in the company is expected to
greatly enhance Dakshidin Corporation's ability to directly access
both ongoing projects worldwide as well as the many organizations
and countries he is presently working with. As a result of his
numerous contacts he will also be able to assist the company in
strategically leveraging existing resources.
"I have spent the better part of my career overseeing projects
in the developing world. Clean water and reliable electricity are
still very much in demand there," Dr Cox said in a recent
interview. "The reputation I have built in over 50 years of work is
of prime importance to me. I have joined Dakshidin because I truly
believe that it can and will play a major role in providing
renewable energy and potable water to parts of the world that need
it the most. I am looking forward to using my expertise and
numerous contacts to bring the Dakshidin Corporation's plan to
completion in as short a time line as possible. The technology that
they represent can make a tremendous difference for many millions
of people."
In other news, Dakshidin Corporation confirms that it is
diligently working with multiple parties and humanitarian
organizations to bring the advanced negotiations currently underway
to a successful conclusion. Though this process has taken longer
than had been anticipated due to the number of different parties
involved, definitive results are expected shortly.
Dakshidin Corporation will continue to update shareholders as
events progress.
Forward-Looking Statements: The information in this press
release includes certain "forward-looking" statements within the
meaning of the Safe Harbor provisions of Federal Securities Laws.
Investors are cautioned that such statements are based upon
assumptions that in the future may prove not to have been accurate
and are subject to significant risks and uncertainties, including
the future financial performance of the Company. Although the
Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance
that such expectations or any of its forward-looking statements
will prove to be correct. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of
the date of this release, and the Company undertakes no obligation
to update publicly any forward-looking statements to reflect new
information, events, or circumstances after the date of this
release except as required by law.
Contact: Dakshidin Corporation John A. van Arem
1-888-250-6601
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