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[b]BORK-BOURQUE INDTS INC WKN:A1H6PN ISIN:US1021001045

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Symbol: BORK Typ: AktieNEWS

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Bourque Industries, Inc. Announces Restructure And Expansion Of Its Board Of Directors And Selection Of A New Interim Chief E...

Date :02/07/2013 @ 8:34AM

Source :PR Newswire (US)

Stock :Bourque Industries, Inc. (PC) (BORK)

Bourque Industries, Inc. Announces Restructure And Expansion Of Its Board Of Directors And Selection Of A New Interim Chief E...

Bourque Industries, Inc. (PC) (USOTC:BORK)
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Today : Friday 8 February 2013

TUCSON, Ariz., Feb. 7, 2013 /PRNewswire/ -- Bourque Industries, Inc. (OTC: BORK), a development stage company in the process of commercializing its patented Kryron metal-alloying process using nanotechnology to fundamentally alter common metals at the molecular level to create ultra-high performing super alloys, announced this morning a restructuring and expansion of its Board of Directors and appointment of a new interim Chief Executive Officer.

The Board of Directors was expanded from three to five seats, and an invitation to join the Board was extended to Matt Schissler and to Brent Willis. Mr. Schissler has already accepted the invitation, and the Board believes it likely that Mr. Willis will also accept. Sean Floyd was elevated to Chief Executive Officer, and John Bourque, the Founder of the Company and the inventor of its technology, was reposition as Chief Scientist.

Matthew L. Schissler was the founder and served as Chairman of the Board and Chief Executive Officer of Cord Blood American, Inc., a company specializing in the harvesting and storage of Stem Cells in the US and abroad, from 2003 through the middle of 2012. In this capacity he was responsible for a series of public and private offering which raised substantial amounts of capital for Cord Blood America and its business.

From April 2001 until January 2003, Mr. Schissler was the President and Chief Executive Officer of Rain, an advertising agency which he founded. From 1994 through March 2001, Mr. Schissler held various management sales positions at TMP Worldwide, Inc., a personnel staffing company.

Brent Willis is a decorated former Military Officer and successful business leader. From 2010 to 2012 he served as the Chief Executive Officer and Chairman of the Board of Liberty Ammunition, a private later-stage start-up company which has developed and is commercializing its product portfolio and technologies. Liberty is in possession of world-leading, high-performance, lead-free rifle and handgun ammunition that is industry disruptive and transformative in capabilities for US soldiers and their closest allies. Liberty under Mr. Willis' helm was awarded a patent on firearm projectile technologies and filed for five additional patents for further embodiments on its initial patent for both rifle and handgun ammunition.

From 2006 to 2008 Mr. Willis served as CEO for Cott Corporation, a Company in the business of beverage manufacturing and sales. Mr. Willis' duties included leadership of this roughly $2Billion enterprise, management of more than 20 manufacturing plants, and leadership of more than 10,000 people.

From 2002 to 2006 Mr. Willis served as Chief Commercial Officer and President for InBev, a company in the business of beverage manufacturing and sales. Mr. Willis' duties included leadership of top-line growth for this more than $20 Billion enterprise, management of more than 20 manufacturing plants and a sales and marketing budget of more than