Wysak Appoints Former UBS and Bank of America Executive


SEATTLE, Dec. 14, 2004 (PRIMEZONE) -- Wysak Petroleum (Pink Sheets:WYSK) announces the appointment of Mr. Kurt Dalmata to the position of Chief Financial Officer and Director.

As former Associate Director of UBS Securities in London, Mr. Dalmata oversaw equity placements and M & A transactions. With investment assets of USD 2.5 Trillion, UBS is recognized as one of the largest asset management corporations in the world. In addition his corporate history includes an Executive position with Bank of America's offices in Munich, London and Vienna. Among Mr. Dalmata's educational achievements are a degree in Law and an MBA from INSEAD.

Mr. Dalmata is a resident of Zurich, Switzerland and is currently active in advising private clients regarding mergers and acquisitions, corporate finance, strategic and financial advisory services.

Wysak Petroleum spokesperson states, "Mr. Dalmata's international financial knowledge, along with his strong corporate disciplines, will be integral to our future growth."

About Wysak Petroleum

Wysak is a diversified energy company whose goal is to identify and develop traditional fossil fuel sites, as well as clean air alternative energy producing technologies. Wysak trades in the U.S. under the symbol "WYSK".

This material includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The opinions, forecasts, projections or other statements, other than statements of historical fact, are forward-looking statements. Although the companies believe that the expectations reflected in such forward-looking statements are reasonable, they can give no assurance that such expectations will prove to have been correct. Certain risks and uncertainties inherent in their businesses are set forth in the filings with the Securities Commissions.



            

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