NEW YORK, Jan. 23, 2014 /PRNewswire/ -- Energtek Inc.
(OTCBB: EGTK), a leader in hi-tech natural gas solutions and
Adsorbed Natural Gas (ANG) technology, announced today a
significant upgrade to its management team in order to deal with
expanded activities.
The company announced that Mr. Yoav
Krill, presently member of the Board of Directors, accepted
to undertake an active role and to head the US activities.
Mr. Krill has a rich worldwide management record, having during
the last decades concentrated his work in the United States.
During the last years Mr. Krill held key management positions in
IDT Corp. and he served and serves as board member of several
private companies and NGOs.
Previously he served as CEO of Teligent Inc, as President of
Bezeq Globe Ltd, the subsidiary dealing with the global activities
of (at that time) the almost only communication company in
Israel, as Deputy Chairman and COO
of "Kupat Holim" - the main Health Insurance Institution of
Israel, as Vice President
Marketing & Sales at Mercury Air Group, as Cargo Director
Europe of "El Al" - Israel Airlines and additional management
positions in this last company.
Mr. Krill holds an MSc in Industrial Engineering and Business
Administration after completing a BSc in Industrial and Management
Engineering, with additional studies in U.C. Berkeley - Airport Planning & Design
and at the Harvard Business School -
Managing Global Opportunities
The board of directors of Energtek has enlarged the duties of
Mr. Zaidenberg as President of the company, requesting him to be in
charge of determining the company's overall strategy, managing the
worldwide operations, overseeing the senior management, the budgets
and resource allocation and enhancing the relationship with the
shareholders and the general public
"I'm extremely glad that Yoav
Krill accepted our proposal to serve as CEO," said Mr.
Zaidenberg. "Our activities are expanding and we need to reinforce
our management. Yoav Krill is
an outstanding addition. His wise view of the markets, his
sharp commercial perception and his vast management experience,
including logistic operations, are invaluable assets from which the
company and its shareholders shall benefit," he added.
About Energtek
Energtek develops and
applies innovative low-pressure mobile transportation solutions for
industrial consumers and fleets of small vehicles. The
company is also involved in oil and gas exploration in
Israel. Energtek operates subsidiaries in North America, Europe and Asia. To learn more about
Energtek, visit www.energtek.com
Forward-Looking Statements
This release contains
forward-looking statements within the meaning of the Securities
Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of Energtek and its technologies. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions. In evaluating such
statements, prospective investors should review carefully various
risks and uncertainties identified in this release and other
matters set in Energtek's filings. These risks and
uncertainties could cause actual results to differ materially from
those indicated in the forward-looking statements.
Contacts:
Investor Relations
IR@energtek.com
212-999-6202
SOURCE Energtek Inc.