Bogle confirmed
Donald E. Bogle to Join Board of QED Connect's Joint Venture Partner - Sofame Technologies
Last Update: 3/31/2011 3:31:34 PM
MANCHESTER, N.H., Mar 31, 2011 (PR Newswire Europe via COMTEX) --MANCHESTER, N.H., March 31, 2011 /PRNewswire/ -- QED Connect, Inc. , aNew York corporation ("QED Connect"), today announced that its JointVenture partner, Sofame Technologies, Inc. ("Sofame Technologies") ,has confirmed that Mr. Donald E. Bogle has agreed to join SofameTechnologies Board of Directors.
Mr. Bogle's has a distinguished career in industrial automation andcontrols with major corporations such as ABB, Honeywell and Siemens. AtHoneywell, he was the President of the $1.1 billion Honeywell Home andBuilding Control Division. He joined Moore Products as President andChief Executive Officer, a publicly traded process automation andcontrols firm in Pennsylvania that was sold to Siemens Energy andAutomation Division. Mr. Bogle is now a strategic business consultantbased in Knoxville, Tennessee. Mr. Bogle's appointment will take effectafter the vote of the shareholders at the annual general meeting ofSofame Technologies tentatively planned to take place in Montreal inmid-June.
According to Tom Makmann, President and CEO of QED Connect, "Theaddition of Mr. Bogle brings impressive US HVAC industry experience toSofame's Board of Directors. I believe that his knowledge of the USmarket will help our Joint Venture partner, Sofame Energy, meet itsrevenue goals."
John Gocek, President & CEO of Sofame Technologies added, "We areexcited about welcoming Mr. Bogle for many reasons, including hisextensive background in controls, technical sales, and businessleadership."
Sofame's industrial energy efficiency technology, saves fuel, reducesCO2 and NOx emissions, generates attractive returns on investment, andcontinues to attract major partners and in the US market. During 2010,Sofame teamed with a national mechanical construction firm to be able tooffer system installation, a leading engineering software developer(Autodesk), a project financing group (Pacific Financial) and severalcapable sub-contractors for manufacturing.
Makmann continued, "We are confident in Sofame's ability to close more contacts in the weeks ahead."
About QED Connect, Inc.
QED Connect, Inc. is a New York corporation holding company which makesacquisitions, investments, and enters into strategic businesspartnerships. The Company seeks businesses with strong potential whichQED can assist in achieving their plans and realizing their maximumpotential. This business model achieves the Company's goals and expandsits overall revenue and profits and diversifies through entry into themultiple market segments. It is QED's intention to help its partnersand subsidiaries realize growth, and that growth would, in turn, enhanceQED's ability to increase shareholder value.www.qedconnect.com