NEW YORK--(BUSINESS WIRE)--Clean Coal Technologies, Inc. (OTCQB: CCTC) (PINK: CCTC), an emerging cleaner-energy company utilizing patented technology to convert raw coal into a cleaner burning and more efficient fuel, today announced its appointment of two new members to its Board of Directors. The new members, Mr. Roland Perdamaian and Ms. Ivy Santoso, have been nominated in accordance with the terms of the recently executed Stock Purchase Agreement.
“Their involvement will be a major advantage to the successful deployment of our technology in the region. In addition, they bring strong finance and accounting skills to the board.”
“We are pleased to announce these two new members to our board, as they bring a depth of experience that will be invaluable as we seek to develop new business, especially in Asia where both individuals have extensive expertise and access,” stated Robin Eves, Director, President and CEO of Clean Coal Technologies. “Their involvement will be a major advantage to the successful deployment of our technology in the region. In addition, they bring strong finance and accounting skills to the board.”
Mr. Roland Perdamaian brings 15 years of business experience in Indonesia where he has held senior positions, including Director of Finance and Vice President of Operations and Business Development. He began his career in banking at well-known Indonesian corporations. Mr. Perdamaian obtained a Ph.D. in Macroeconomics and Econometrics from La Trobe University in Melbourne, Australia; an M.B.A. from Baldwin Wallace College, Ohio, U.S.A.; and a B.S., Law from the University of Pancasila, Jakarta, Indonesia. Clean Coal Technologies expects that Mr. Perdamaian will move to New York to help in the day-to-day management of the company.
Ms. Ivy Santoso brings over 20 years of professional experience working throughout Southeast Asia and China. For the past 18 years, she has worked in the investment management business with a focus on early stage opportunities. During her 12 years at Avenue Asia, a division of Avenue Capital Group, U.S.A., she was involved in the sourcing, structuring, and management of investments totaling over $2 billion. Ms. Santoso earned a B.S. degree in Accounting from Oklahoma State University in the U.S.A. She works in Jakarta and will serve on Clean Coal’s Board as an independent member.
About Clean Coal Technologies, Inc.
Clean Coal Technologies, Inc., a cleaner-energy technology company with headquarters in New York City, NY, holds patented process technology and other intellectual property that converts raw coal into a cleaner burning fuel. The Company's trademarked end products, “Pristine™” coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal. The principal elements of the Company’s pre combustion technology are based on well-proven science and tried-and-tested industrial components. The Company’s clean coal technology may reduce some 90% of chemical pollutants from coal, including Sulfur and Mercury, thereby resolving emissions issues affecting coal-fired power plants.
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In addition to historical information, this press release may contain forward-looking statements that reflect the Company’s current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to us and are subject to a number of risks, uncertainties and other factors that may cause actual results, performance, prospects or opportunities to be materially different from those expressed in, or implied by, such forward-looking statements. You should not place undue reliance on any forward-looking statements. Except as required by federal securities law, the Company assumes no obligation to update publicly or to revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available, new events occur or circumstances change in the future.