Powerhouse Ener Regulatory News (PHE)

POWERHOUSE ENERGY GROUP PLC - Re Directorate

PR Newswire

London, March 20

20 March 2017

PowerHouse Energy Group plc(“PowerHouse” or the “Company”)

APPOINTMENT OF EXECUTIVE DIRECTOR, DAVID RYAN

PowerHouse is pleased to announce that David Ryan has agreed to serve as the Company’s Executive Director of Programme Development with immediate effect.

David was appointed Non-Executive Director of the Company as announced on 21 February 2017 and was previously the former CEO and Managing Director of Thyssenkrupp Industrial Solutions’ Oil & Gas Business Unit for the UK. He has over 30 years of increasingly complex engineering, business development, and project management experience.

Keith Allaun, Executive Chairman of the Company said, “David’s impact is already being felt at PowerHouse. In the past six weeks we have made significant improvements to our commercial engineering processes, the identification of appropriate partners to augment our growing team, and are poised to leverage his full skill-set to our benefit. His experience delivering multiple projects concurrently, with world-class teams, creating outstanding results, provides us with tremendous confidence in our ability to bring the Distributed Modular Gasification© (DMG) process to market in the near term. His contributions to the G3-UHt recommissioning project, working with our Australian engineering team, will allow us to grow and maintain our knowledge-base leadership in distributed, modular, ultra-high temperature gasification.”

David Ryan, newly appointed Executive Director, Programme Development, of the Company said, “I’ve rarely felt as enthusiastic about the many potential applications of a technology the way I do about the G3-UHt, and DMG© in particular. We have the opportunity to redefine the Waste-to-Energy industry and I’m confident that the world will soon be paying notice. Working with this team and the Board of PowerHouse, I believe we are poised to achieve fantastic results.”

For more information, contact:

About PowerHouse Energy

PowerHouse is the holding company of the G3-UHt Ultra High Temperature Gasification waste-to-energy system, and the creator of Distributed Modular Gasification© (DMG.)

The Company is focussed on technologies to enable energy recovery from municipal waste streams that would otherwise be directed to landfills and incinerators; or from renewable and alternative fuels such as biomass, tyres, and plastics to create syngas for power generation, high-quality hydrogen, or potentially reformed into liquid fuels for transportation. These waste to energy systems aim to provide the “best solution” to the on-site energy market.

PowerHouse is quoted on the London Stock Exchange's AIM Market. The Company is incorporated in the United Kingdom.

For more information see www.powerhouseenenergy.net