BioPower Operations Brings on Globally Recognized Scientist & Accomplished Expert, Dr. Marco A. Baez-Vasquez, as Its New Chie...
27 June 2013 - 10:00PM
Marketwired
BioPower Operations Corporation ("BioPower" or the "Company")
(OTCQB: BOPO), a company focused on developing profitable
sustainable solutions focused on the environmentally-friendly
bio-conversion of biomass and organic wastes into useful and
valuable products, announced today that the Company has brought on
globally recognized scientist and accomplished expert in the fields
of biomass conversion and commercialization, Dr. Marco A.
Baez-Vasquez, as the company's first Chief Scientist & Chief
Technology Officer, effective June 24, 2013.
Dr. Baez-Vasquez joins the Company after having tested and
verified for commercialization purposes BioPower's patented
technology which converts plant biomass, farm and organic wastes
into Class A fertilizer, ethanol and other bio-based products.
After months of testing and satisfactory test results, Dr.
Baez-Vasquez agreed to come on as the Company's Chief Scientist
& Chief Technology Officer responsible for managing technology
and technological innovation, transfer and sub-licensing, as well
as directing partnerships and collaborations.
He brings to the management team extensive operational and
technological management experience from various positions held
within biotechnology, biopharma, life-sciences, chemical, renewable
energy, and agrifood research sectors over the span of his 25 year
career. His experience and expertise has been utilized in bringing
together innovative partnerships, collaborations and the expansion
of international networks among world class companies, academic and
research institutions in Europe, the US and Latin America. Among
his accolades, he also holds several patents in biofuels,
biorefineries, industrial biotechnology and biopharma sectors.
Robert Kohn, CEO of BioPower, stated: "We are thrilled and
honored to have Dr. Baez-Vasquez on board. A strong advocate for
sustainability, Dr. Baez-Vasquez has developed and successfully led
projects across the cellulosic biomass supply chain designed to
accelerate biomass commercialization and to expand, at the
industrial level, the production of electrical power, advanced
biofuels, green chemicals and other value added bio based products.
In addition, he has participated in peer review platform programs
for the Department of Energy (DOE), Environmental Protection Agency
(EPA) as well as the technology roadmap industrial alliance, along
with major energy, oil, chemical and biotechnology companies,
targeting the development of cost effective bio-engineering
processes."
He continued, "Our one-step enzymatic and fermentation process
was thoroughly tested, reviewed and deemed satisfactory by Dr.
Baez-Vasquez in June 2013. His acknowledgement and support of our
technology and Company further solidifies our waste-reducing and
cost saving capabilities as well as our visible opportunity within
the renewable bio-based products market. We look forward to working
with Marco on communicating this to our target customers, investors
and strategic partners in the time ahead."
Dr. Baez-Vasquez commented, "I am pleased to be working at
BioPower to provide both the leadership and technical skills
necessary for spearheading the development and deployment of their
technologies, including their one-step enzymatic and fermentation
process that enables the production of high-value bio-based
products and next generation biofuels from wastes. With its cost
and environmental benefits applicable to multiple large
waste-producing industries, the market potential of BioPower's
technologies is vast. I'm excited to begin pursuing business
opportunities on behalf of the company, and look forward to
securing fruitful relationships that result in long-term growth and
sustainability for our company and our future customers."
Dr. Marco A. Baez holds a B.S. degree in Biochemical Engineering
and an MBA from Monterrey Tech, He was one of two recipients of the
International 3H award from the Rotary International-The Rotary
Foundation (Evanston, IL) allowing him to earn a MSc. degree in
Medical Biochemistry & Nutrition from the University of London,
England, and a Ph.D. from King's College London, University of
London, England focused on advanced biochemistry, bioengineering
and industrial enzymology. He was also the recipient of the
American States Organization United Nations Award (Washington,
D.C.) to conduct postdoctoral work at prestigious Massachusetts
Institute of Technology MIT. While at MIT Dr. Baez-Vasquez worked
in the design of advanced molecular biocatalysts tools using Enzyme
Crystals, applying them into chirotechnology of fine chemicals,
asymmetric synthesis of biotherapeutic intermediates, "green
chemistry" in combination with advanced industrial microbiology,
molecular genetics, engineering fermentation technology processes
and the use of improved recombinant strains for the production of
advanced biofuels, biobased chemicals, specialty enzymes,
nutraceuticals, secondary metabolites and microbial
biotransformations of high commercial value.
ABOUT BIOPOWER OPERATIONS CORPORATION
BioPower Operations Corporation (OTCQB: BOPO) is a pre-revenue,
developmental stage company focused on developing profitable
sustainable solutions focused on the environmentally-friendly
bio-conversion of biomass and organic wastes into useful and
valuable products. The Company's subsidiary, Global Energy Crops
Corporation (GECC), is focused on sub-licensing patented waste
conversion technology capable of converting organic wastes from
humans, poultry and hogs into Class A fertilizer, ethanol, animal
feed and other products, to municipalities, poultry and hog
producers, corporations. Agribopo, the Company's second subsidiary
is focused on the production, distribution and conversion of
biomass crops. Its immediate focus is on the establishment of the
first castor to castor oil growing & milling operations in the
Americas. The company was founded in 2010 and is headquartered in
Fort Lauderdale, Florida.
FORWARD-LOOKING STATEMENTS
This release contains forward-looking statements, including,
without limitation, statements concerning our business and possible
or assumed future results of operations. Our actual results could
differ materially from those anticipated in the forward-looking
statements for many reasons including: our ability to continue as a
going concern, adverse economic changes affecting markets we serve;
competition in our markets and industry segments; our timing and
the profitability of entering new markets; greater than expected
costs, customer acceptance of our products or difficulties related
to our integration of the businesses we may acquire; and other
risks and uncertainties as may be detailed from time to time in our
public announcements and SEC filings. Although we believe the
expectations reflected in the forward-looking statements are
reasonable, they relate only to events as of the date on which the
statements are made, and our future results, levels of activity,
performance or achievements may not meet these expectations. We do
not intend to update any of the forward-looking statements after
the date of this document to conform these statements to actual
results or to changes in our expectations, except as required by
law. There is no assurance that a definitive agreement will be
completed.
For more information, please contact: BioPower Operations
Corporation Robert Kohn CEO Email: robert@biopowercorp.com Phone:
954.202.6660 American Capital Ventures Howard Gostfrand President
Email: info@amcapventures.com Phone: 305.918.7000
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