Robert F. Kennedy, Jr. Joins Board of Ostara Nutrient Recovery Technologies Inc.
VANCOUVER, BC –Ostara Nutrient RecoveryTechnologies Inc., developer and marketer of proprietary technologiesthat recover polluting nutrients from wastewater and recycle them intoenvironmentally-friendly high-value fertilizer, announced that Robert F. Kennedy, Jr., has been elected to the Company’s board ofdirectors.
Kennedy is a prominent environmental advocate and a VenturePartner at VantagePoint Ventures Partners, a leading investor in 21stcentury technologies based in Silicon Valley, California.
VantagePointhas been a significant Ostara shareholder since 2008.Phillip Abrary, President and CEO of Ostara, said the Company will benefit fromKennedy’s insights and experiences as an expert in balancing protection of theenvironment with sustainable recreation and development.“Bobby is a recognized expert on water management and an active environmentalist. Heis passionate about sustainability and keeping waterways clean for future generations —and we believe he will bring a unique and valuable perspective to our Board,” saidAbrary.
Kennedy said he has been impressed with Ostara’s technology and its potential to helpmunicipal wastewater systems increase the efficiency of their operations while reducingtheir environmental impact on waterways and the water table.“I remain deeply concerned about the resource challenges we will face in our futures,and believe that by serving on Ostara’s board I will gain an opportunity to both advocatefor environmental stewardship and help Ostara with its water treatment and resourcerecovery solutions,” said Kennedy.About Robert F. Kennedy, Jr.Kennedy is a Clinical Professor and Supervising Attorney at Pace University School ofLaw’s Environmental Litigation Clinic. Kennedy also serves as President of WaterkeeperAlliance, Chief Prosecuting Attorney for the Hudson Riverkeeper, and Senior Attorneyfor the Natural Resources Defence Council.
He was named one of Time magazine’s“Heroes for the Planet.” He is a graduate of Harvard University, University of VirginiaLaw School, as well as Pace University School of Law, where he received a MastersDegree in Environmental Law. (www.robertfkennedyjr.com)
About VantagePoint Venture PartnersVantagePoint Venture Partners is a leader in investing in 21st Century technologies andpartners with entrepreneurs in the CleanTech, Healthcare and Information Technologysectors. With a large investment team of experts, a broad network of strategic partnersand advisors, and more than $4.5 billion in committed capital, the Firm has the depth ofresources to help build transformative companies that are clear leaders in theircategories. The Silicon Valley firm has investments in more than 70 companies. Formore information visit www.vpvp.com.
About OstaraOstara Nutrient Recovery Technologies Inc., founded in 2005, is a Vancouver-basedcompany commercializing proprietary technologies that recover resources fromwastewater and recycle them into valuable products. Ostara's struvite recovery process,developed at the University of British Columbia (UBC), recovers pollutants that wouldotherwise be released into the environment, helps wastewater treatment plants reduceoperating costs and meet environmental regulations, and provides municipalities andutilities with revenue from the sale of the recovered pollutants that are recycled intoenvironmentally safe slow-release fertilizer, Crystal Green®.
For more information: visitwww.ostara.com and www.crystalgreen.com.
Contact: Michelle Tiang 25 Feb 2009Corporate Marketing Manager
Visit the water stocks directory at Investorideas.com and Water-stocks.com
http://www.investorideas.com/Water-Stocks/Stock_List.asp
No comments:
Post a Comment