KELOWNA, BC--(Marketwired - Jan 14, 2014) - SUNVAULT ENERGY, INC. (OTCQB: SVLT) announces the appointment of Mr. Gary Monaghan as its Interim Chief Executive Officer.
Mr. Monaghan's background includes both public and private companies, from start-up to fully mature operations. He co-founded MDU Communications Inc. and built the Canadian operations to 35,000 subscribers before being sold to Shaw Direct for $10 Million. Mr. Monaghan has a proven track record with a number of technology companies in the early growth phase.
Mr. Monaghan, Interim CEO, states, "I'm a shareholder in SVLT prior to this appointment and I would like to thank the board of SVLT for this opportunity. SVLT has a unique position in the alternative energy solar generation segment, and as CEO, I look forward in bringing my experience to move this Company in a timely positive direction."
The Company further announces that Mr. Gary Monaghan has posted his letter of introduction to all shareholders and other interest parties on the Company website at http://www.sunvaultenergy.com/web20/presidents-message-january-14th-2014/.
The Board at SVLT would like to thank Mr. John Crawford for his services to the Company and wish him success in his future endeavours.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 757-306-6090, email: yes@yesinternational.com
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