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SWAPSOL Corp. Names Wolf Koch, Robert Cohen
to Board of Directors

New additions to bring chemical, financial expertise to N.J.-based R&D Firm


MONMOUTH JUNCTION, N.J. (Sept. 17, 2009) – Wolf Koch, Ph.D., founder and president of Technology International Resources, Inc. (Sterling, Ill.) and Robert Cohen, Managing Partner of Benson Oak Capital (Prague, CZ) have recently been named to the New Jersey-based SWAPSOL Corp (www.swapsol.com) board of directors.

 

“We couldn’t be more proud to add Wolf and Robert to the SWAPSOL family,” said Raymond Stenger, president of SWAPSOL Corp. “Together, their engineering and business savvy are enormous assets to our company as we move forward.”

 

SWAPSOL is a chemical research & development company that has discovered a breakthrough natural gas refining process that stands to alter and improve certain segments in the hydrocarbon sector while converting substantial amounts carbon dioxide (CO2) into harmless compounds.

 

Koch will consult with the board on scientific and technology verification surrounding the Stenger-Wasas Process (SWAP) and advise on licensing negotiations with the commercial sector. Cohen will lead financing negotiations and help develop strategic partnerships with industry.

 

Koch has managed technology development programs for more than three decades, including petrochemical and petroleum processing technology development for Amoco Oil. He is the inventor or co-inventor on 26 patents and has authored more than 40 publications, covering topics in biomedical engineering, catalysis, environmental engineering and intellectual property. He holds a Ph.D. and bachelor’s degree in chemical engineering and a master’s degree in biomedical engineering.

 

Koch said after doing extensive research and testing on the SWAP, he gladly accepted the opportunity to become part of the company’s activities.

 

“I was impressed with the sound science and work behind SWAPSOL’s breakthrough,” Koch said. “I look forward to being a part of the team as it advances and playing a solid role in bringing the company to the next level.”

 

Cohen has 15 years of experience in private equity, investment banking and financial advisory activities and currently manages the operations of Benson Oak Capital, based in Prague, Czech Republic. His worldwide investments include those in the chemical sector and online security. Cohen has a master’s degree in international affairs from the Johns Hopkins School of Advanced International Studies (SAIS) and a bachelor’s degree from the University of Pennsylvania’s Wharton School of Business.

 

“This technology has enormous potential and could quickly meet the needs of the oil and gas industry,” Cohen said. “And given that market potential, expert negotiations with future partners and customers are critical.”

 

For more information on SWAPSOL and the SWAP, visit www.swapsol.com.

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