THE WOODLANDS, Texas, July 16, 2009 (GLOBE NEWSWIRE) -- Effective May 1, 2009, Robert C. Johnson was named Chief Financial Officer of Maxim TEP, Inc. (OTCBB:MTIM). Mr. Johnson brings over 15 years of experience in the oil industry in both a major company and as President and Chief Operating Officer of an independent oil & gas company. He has spent the last 20 years as an independent businessman in various industries. Robert D. Johnson, Chairman and Chief Executive Officer of Maxim said, "Robert C. Johnson will be a valuable addition to the company. His business and financial acumen will serve well at this critical juncture in the Company's history. He provides further confidence in the investment community and a redundancy of talent in oil and gas matters." Mr. Johnson has been a Director of the Company since November 2008 and will remain on the Board.