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OCTUS ENERGY ANNOUNCES APPOINTMENT OF
JOHN ARGO AS DIRECTOR, ENERGY PROJECTS & FINANCE
Davis, California (May 5, 2009) -- Octus
Energy (OTCBB: OCTI.OB) today announced John Argo, a seasoned
alternative energy executive and successful entrepreneur,
has joined Octus as Director, Energy Projects & Finance.
“This is a major step for Octus as
we seek to bring innovative energy efficiency products to
market, in addition to developing large-scale renewable energy
efficiency projects,” said Chris Soderquist, Octus
CEO. “John has a proven track record of success, as
an entrepreneur, industry innovator, and project creator.”
As Director of Energy Projects & Finance,
Argo will lead development of renewable energy and energy
efficiency projects for commercial and public sector organizations,
focused on capitalizing energy creation and energy conservation.
He will also create and manage industry collaborations and
Octus’s energy project financing solutions.
“Octus is uniquely positioned at the
crossroads of innovative energy efficiency products and renewable
energy systems that result in sensible, valuable solutions
for clients,” said Argo. “These are truly smart
energy solutions. The time to build is now, given favorable
economics, incentives, latent market demand, technology advancement,
and the ability to arbitrage our renewable energy and energy
efficiency positions.”
Prior to joining Octus, Argo founded and
was CEO of Q1 NanoSystems (Bloo Solar). He is co-inventor
on 11 pending patents for ultra-thin film solar cells and
nanostructured devices. He is a certified Project Management
Professional and a member of the American Council on Renewable
Energy (ACORE) Founding 500 and Solar Energy Industry Association
(SEIA).
Argo has 21 years experience in large-scale
project and technology management. He led teams implementing
leading-edge solutions at Hewlett-Packard and Electronic
Data Systems. Argo earned an MBA from the University of California,
Davis. He is currently President of their Graduate School
of Management Alumni Association. He is also a founder and
partner of Crystal Basin Cellars, a California winery.
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About Octus
Octus Energy (OTCBB: OCTI.OB) is a California-based energy
efficiency innovation company focused on delivering proprietary
environmental management, cooling and lighting products to
the commercial and public sector markets. Through its Repower.
Renew. Results.™ strategy the company
intends to offer its products directly and through established
channel partners, sub-license its alternative energy technologies,
and develop renewable energy efficiency projects.
Contact:
Chris Soderquist, Octus, chris@octusenergy.com,
530/564-0200
http://octusenergy.com
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